LSI Industries (LYTS) CFO James E. Galeese Sells 4,778 Shares

What Happened James E. Galeese, Executive Vice President and Chief Financial Officer of LSI Industries (LYTS), reported a sale of 4,778 common shares on 2026-08-26. The shares were disposed at $20.28 each for a total proceeds of $96,898. The filing indicates the disposal was to satisfy tax obligations tied to the vesting of restricted stock units and performance share units.

Key Details

• Transaction date and price: 2026-08-26, 4,778 shares at $20.28 per share (total $96,898).
• Transaction type: Sale (reported as open-market or private sale).
• Purpose: Footnote F2 states the disposition was for payment of taxes upon vesting of RSUs and PSUs.
• Holdings location: Footnote F1 notes common shares held in LSI’s Non‑Qualified Deferred Compensation Plan.
• Shares owned after the transaction: Not specified in the Form 4.
• Filing timeliness: Form 4 was filed 2026-08-27 (next business day), appearing timely.

Context Sales to cover tax withholding on vested equity awards are common and typically routine administrative transactions rather than direct indicators of an insider’s view on the company. This report shows an executive-level sale for tax purposes, not an option exercise or a gift.