LSI Industries CFO James Galeese Receives 33,862-Share Award

What Happened James E. Galeese, Executive Vice President and Chief Financial Officer of LSI Industries (LYTS), received two award-based acquisitions on August 19, 2026 totaling 33,862 shares. The filing shows 8,978 shares granted as RSUs and 24,884 shares acquired upon vesting of performance share units (PSUs). Both transactions are coded as awards/grants (A) and reported with an acquisition price of $0.00 (no cash exchanged).

Key Details

• Transaction dates: August 19, 2026; Form 4 filed Aug 21, 2026 (timely filing).
• Items acquired: 8,978 shares (RSUs, F1) and 24,884 shares (vesting of PSUs granted Aug 2023, F2) — total 33,862 shares.
• Reported price: $0.00 per share (award/vesting), reported total value $0 on the form; market value not provided in the filing.
• Vesting/plan notes: F1 — RSUs granted under the 2019 Omnibus Award Plan and FY27 LTIP, vesting in equal annual installments over three years; F2 — shares from PSU vesting granted Aug 2023; F3 — some common shares are held in the company’s Non‑Qualified Deferred Compensation Plan.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context These are award/vesting transactions (not open-market purchases or sales) and therefore reflect compensation/long-term incentive realizations rather than active trading. RSUs vest over time per the stated plan schedule; PSUs vesting reflects attainment of prior performance conditions (per footnote). Such awards are routine for executives and do not by themselves indicate a buy/sell decision.