LSI Industries (LYTS) EVP Thomas A. Caneris Receives Awards

What Happened

• Thomas A. Caneris, EVP, HR and General Counsel of LSI Industries, reported receiving equity awards on August 19, 2026. The filing shows acquisition of 7,316 shares as restricted stock units (RSUs) and 15,207 shares from the vesting of performance share units (PSUs). Both transactions were reported at an acquisition price of $0.00 (standard for compensation awards).

Key Details

• Transaction date: 2026-08-19; Form 4 filed: 2026-08-21 (filed within the typical 2‑business‑day window).
• Reported shares acquired: 7,316 (RSU grant) and 15,207 (PSU vesting) — total 22,523 shares; acquisition price listed as $0.00.
• Post-transaction total holdings: not specified in the provided filing details.
• Footnotes: F1 = RSU award under 2019 Omnibus and FY27 LTIP, RSUs vest in equal annual installments over three years; F2 = shares from PSU vesting granted Aug 2023; F3 = common shares held in the company’s Non‑Qualified Deferred Compensation Plan.
• Transaction type code: A (award/grant).

Context

• RSUs and PSUs are compensation tools: RSUs vest over time (here, over three years) while PSUs vest based on previously set performance criteria. The $0.00 acquisition price reflects these are compensation awards, not market purchases. Such filings signal insider compensation events rather than an open‑market buy or sell.