MARSHALL ERNEST W JR 4

What Happened

• Ernest W. Marshall Jr., a director of LSI INDUSTRIES INC (LYTS), was awarded common shares under the company's Non-Employee Director Deferred Compensation Program (NEDDCP). The filing reports three awards: 1,218 shares on 2026-01-02 at $18.47 ($22,496); 1,200 shares on 2026-04-01 at $18.75 ($22,500); and 853 shares on 2026-07-01 at $26.39 ($22,511). Total shares awarded = 3,271, total value ≈ $67,507. These are compensation awards (reporting code A), not open-market purchases or sales.

Key Details

• Transaction dates and prices:
  • 2026-01-02: 1,218 shares @ $18.47 = $22,496 (A)
  • 2026-04-01: 1,200 shares @ $18.75 = $22,500 (A)
  • 2026-07-01: 853 shares @ $26.39 = $22,511 (A)
• Total awarded: 3,271 shares, total value ≈ $67,507.
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: F1 — shares acquired under the Non-Employee Director Deferred Compensation Program (NEDDCP). F2 — some restricted stock units were elected to be deferred under NEDDCP; Column 5 was adjusted for dividend reinvestment of 8 shares.
• Filing details/timeliness: Form filed 2026-07-06 covering transactions through 2026-07-01. This filing was submitted after the typical 2-business-day Form 4 deadline and is therefore late.

Context

• These awards are director compensation deferrals (routine equity grants) rather than purchases from the open market; such grants are common for non-employee directors and do not by themselves indicate insider buying sentiment. The deferral and dividend reinvestment notes mean some of the awards are RSUs converted to shares under the NEDDCP.