4Filed Aug 20, 8:00 PM ET
LSI Industries CEO Clark Anthony Receives 235,374 Shares
$LYTS · LSI INDUSTRIES INCResearch Summary
AI-generated summary of this SEC filing
LSI Industries CEO Clark Anthony Receives 235,374 Shares
What Happened
- Clark James Anthony, CEO, President and Director of LSI Industries (LYTS), was granted/acquired a total of 235,374 shares on 2026-08-19 via awards (Form 4 code A). The grants break down as: 41,563 shares, 69,122 shares, and 124,689 shares. Each line reports an acquisition price of $0.00 (awarded), total cash paid $0.
Key Details
- Transaction date: 2026-08-19; Form 4 filed: 2026-08-21 (appears timely—filed two days after the transaction).
- Transaction type: Award/Acquisition (code A); reported price per share: $0.00.
- Total shares acquired: 235,374 (41,563 + 69,122 + 124,689).
- Shares owned after transaction: not specified in the provided filing summary.
- Relevant footnotes from the filing:
- F1: RSUs awarded under the 2019 Omnibus Award Plan and FY27 Long Term Incentive Plan; RSUs vest in equal annual installments over three years.
- F2: Some shares were acquired via vesting of performance share units granted in Aug 2023.
- F3: One RSU grant cliff vests on the third anniversary, but could vest one-third on the first anniversary if the Board approves a proposed five-year strategic plan before that date.
- F4: Some common shares are held in the company’s Non‑Qualified Deferred Compensation Plan.
- No sales or open‑market purchases reported in this filing.
Context
- These are grant/vesting events (awards), not purchases or sales—common for executive compensation and not a direct cash transaction. RSUs and PSUs typically reflect long‑term incentive pay; vesting schedules (and performance conditions) determine when shares become owned outright.