MARSHALL ERNEST W JR 4/A
4/A · LSI INDUSTRIES INC · Filed Jul 13, 2026
Research Summary
AI-generated summary of this filing
LSI Industries (LYTS) Director Ernest Marshall Jr. Receives Award
What Happened
Ernest W. Marshall Jr., a director of LSI Industries (LYTS), was awarded a total of 5,828 shares through company grants under the Non‑Employee Director Deferred Compensation Program (NEDDCP). The awards consisted of 1,218 shares on 2026-01-02 (@ $18.47, $22,496), 1,200 shares on 2026-04-01 (@ $18.75, $22,500), and 3,410 shares on 2026-07-01 (@ $26.39, $89,990), totaling about $134,986 (~$135k). These are awards/grants (not open‑market purchases or sales) and are typically compensation rather than market directional trades.
Key Details
- Transactions reported as grants/awards (code A) on 2026-01-02, 2026-04-01, and 2026-07-01.
- Line items:
- 2026-01-02: 1,218 shares @ $18.47 — $22,496 (F1)
- 2026-04-01: 1,200 shares @ $18.75 — $22,500 (F2)
- 2026-07-01: 3,410 shares @ $26.39 — $89,990 (F1, F3)
- Total awarded: 5,828 shares, ~$134,986.
- Footnotes:
- F1: Shares acquired under the Non‑Employee Director Deferred Compensation Program (NEDDCP).
- F2: Restricted stock units the reporting person elected to defer under NEDDCP; Column 5 was adjusted for dividend reinvestment of 8 shares.
- F3: This filing amends the Form 4 filed July 6, 2026, which incorrectly reported 853 shares instead of 3,410 for the July 1 grant.
- Shares owned after the transactions: not specified in the supplied filing details.
- Filing status: This is an amended Form 4 (filed July 13, 2026) correcting the previously reported July 1 amount.
Context
These transactions are director compensation grants under a deferred‑compensation program (including RSU deferrals and dividend reinvestment), which are routine and do not necessarily signal the director's short‑term view of the stock. The amendment fixes an earlier reporting error for the July 1 award.
Insider Transaction Report
- Award
Common Shares
[F1]2026-01-02$18.47/sh+1,218$22,496→ 20,570 total - Award
Common Shares
[F1]2026-04-01$18.75/sh+1,200$22,500→ 21,770 total - Award
Common Shares
[F2][F3]2026-07-01$26.39/sh+3,410$89,990→ 25,188 total
Footnotes (3)
- [F1]Common shares acquired under Non-Employee Director Deferred Compensation Program ("NEDDCP")
- [F2]Restricted stock units reporting person elected to defer under NEDDCP. Column 5 adjusted for dividend reinvestment of 8 shares.
- [F3]This amendment is being filed to amend the Form 4 filed on July 6, 2026, which incorrectly reported an acquisition of 853 common shares instead of 3,410.