LSI (LYTS) CFO James E. Galeese Receives 1,137-Share Award

What Happened
James E. Galeese, Executive Vice President and Chief Financial Officer of LSI Industries (LYTS), was granted/received 1,137 common shares on 2026-09-30 as an award/acquisition (Form 4 transaction code A). The Form 4 lists no single per-share price for the grant; a footnote states these shares were acquired through LSI’s Non‑Qualified Deferred Compensation Plan during the quarter at prices ranging from $20.23 to $25.17 — implying an approximate value of about $23.0k to $28.6k for the lot.

Key Details

• Transaction date: 2026-09-30; Form 4 filed 2026-10-01 (timely filing).
• Reported transaction type/code: A (award/grant/other acquisition).
• Shares acquired: 1,137 common shares. Price on Form 4: N/A; footnote reports quarter prices $20.23–$25.17.
• Approximate value based on footnote prices: ~$23,000–$28,600.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote F1: Shares were acquired in the LSI Industries Inc. Non‑Qualified Deferred Compensation Plan during the quarter ended 9/30/2026.
• No indication in the filing of an immediate sale or cashless exercise.

Context
This was an award/acquisition via a deferred compensation plan, not an open-market purchase or sale. Awards and deferred-compensation share purchases often reflect compensation decisions or deferral elections rather than a direct personal buy/sell signal about the company’s near-term prospects. The filing appears timely (filed the next day).