OGARA WILFRED T 4
Research Summary
AI-generated summary
LSI Industries (LYTS) Director Wilfred Ogara Sells 10,369 Shares
What Happened
Wilfred T. Ogara, a director of LSI Industries (LYTS), reported the sale of 10,369 shares on June 1, 2026. The transaction was reported as an open-market or private sale at $24.09 per share, for a total proceeds of approximately $249,789. This was a sale (S), which is commonly a routine disposition and does not by itself indicate management sentiment.
Key Details
- Transaction date and price: June 1, 2026 — 10,369 shares sold at $24.09 per share.
- Total proceeds: ~$249,789.
- Shares owned after transaction: Not specified in the provided summary of the Form 4 (see the filed Form 4 for exact post-transaction holdings).
- Footnote: F1 indicates the reported holdings include shares held in a joint account with spouse.
- Filing date vs. transaction date: Form 4 was filed July 13, 2026 — 42 days after the June 1 transaction, which appears late relative to the standard Form 4 requirement to file within two business days of the transaction.
Context
- Sales by directors can be routine (e.g., for diversification, personal needs, or planned sales) and should not be taken alone as a signal of company performance.
- If you want exact post-sale ownership or to verify timeliness and additional details (e.g., whether the sale was under a 10b5-1 plan), consult the full Form 4 filing (Accession 0000892251-26-000097) on the SEC EDGAR site.