8-KAccepted Oct 22, 6:45 AM ET
Lindsay Corp: reports FY2026 results and adopts 2027 management plan
Accepted (ET)
6:45 AM
Oct 22, 2026
Filed
Oct 22, 2026
Documents
32
Size
11.8 MB
Summary
Lindsay Corp: reports FY2026 results and adopts 2027 management plan
What happened
- The filing says on Oct 22, 2026, Lindsay Corporation issued a press release announcing the company's results of operations for its fourth quarter and fiscal year ended Aug 31, 2026 and furnished a slide presentation for the investor conference call at 11:00 a.m. Eastern Time on Oct 22, 2026.
- The filing says on Oct 20, 2026, the Human Resources and Compensation Committee of the board of directors adopted the Management Incentive Plan for the company's fiscal year ending Aug 31, 2027 (the "2027 MIP") under which the company's senior officers can earn annual cash incentive awards.
Key details
- The 2027 MIP applies to each current senior officer who will be a named executive officer in the company's proxy statement for its fiscal 2027 annual meeting.
- Target bonus amounts for participants range from 35% to 100% of base salary; participants are eligible for awards between 0% and 200% of their target bonus.
- The overall performance criteria are weighted 80% company financial performance and 20% individual performance.
- The company financial performance component is based on fiscal 2027 revenue, operating margin percentage, and free cash flow, with target bonuses keyed to the company's fiscal 2027 operating budget.
Why it may matter
- This filing reports Item 2.02 (results of operations and financial condition) via a press release and slide presentation for the fourth quarter and fiscal year ended Aug 31, 2026, and Item 5.02 (departure of directors or certain officers; election of directors) in the form of adoption of the 2027 Management Incentive Plan for senior officers.
- The filing does not show why the insider traded or why the company acted.