LIPPERT JASON 4
4 · LCI INDUSTRIES · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
LCI Industries CEO Jason Lippert Sells 50,000 Shares
What Happened
- Jason Lippert, President, CEO and a Director of LCI Industries (LCII), reported three open-market sales totaling 50,000 shares. The transactions were: 10,000 shares on Feb 20 at a weighted average $148.01 ($1.48M), 30,000 shares on Feb 23 at $145.03 ($4.35M), and 10,000 shares on Feb 24 at $142.76 (~$1.43M). Total proceeds across the three sales were approximately $7,258,600. These were sales (dispositions), not purchases.
Key Details
- Transaction dates and weighted-average prices:
- 2026-02-20: 10,000 shares @ $148.01 (range $148.00–$148.16 per footnote F1)
- 2026-02-23: 30,000 shares @ $145.03 (range $145.00–$145.13 per footnote F2)
- 2026-02-24: 10,000 shares @ $142.76 (range $142.00–$143.50 per footnote F3)
- Total shares sold: 50,000; total proceeds: ~$7.26 million.
- Shares owned after the transactions: not specified in the excerpt provided.
- Filing date / timeliness: Form 4 was filed Feb 24, 2026 (covering transactions through Feb 24); no late-filing flag is shown in the provided information.
- Notable footnotes: F1–F3 note these sales were executed in multiple trades and the reported prices are weighted averages; F4–F13 in the filing relate to stock-unit definitions, dividend-equivalent stock units, and RSU vesting schedules included elsewhere in the filing but do not change the nature of these open-market sales.
Context
- These were open-market sales (insider code "S"), which are dispositions of existing holdings. Sales can reflect many reasons (diversification, cash needs, planned selling), and do not by themselves indicate company outlook. Purchases generally carry more direct informational weight for retail investors.
- The filing’s footnotes clarify trade price ranges and disclose that certain stock units and dividend-equivalent units exist under the company's Omnibus Incentive Plan; those items provide context on the insider’s compensation but are separate from the reported sales.
Insider Transaction Report
Form 4
LCI INDUSTRIESLCII
LIPPERT JASON
DirectorPresident , CEO
Transactions
- Sale
Common Stock
[F1]2026-02-20$148.01/sh−10,000$1,480,100→ 374,973 total - Sale
Common Stock
[F2]2026-02-23$145.03/sh−30,000$4,350,900→ 344,973 total - Sale
Common Stock
[F3]2026-02-24$142.76/sh−10,000$1,427,600→ 334,973 total
Holdings
- 7,548
Restricted Stock Unit
[F4][F5][F6]Exp: 2026-03-01→ Common Stock (7,548 underlying) - 15,320
Restricted Stock Unit
[F4][F7][F8]Exp: 2027-03-01→ Common Stock (15,320 underlying) - 25,118
Restricted Stock Unit
[F4][F9][F10]Exp: 2028-03-01→ Common Stock (25,118 underlying) - 48,117
Performance Stock Unit
[F4][F11]From: 2026-03-01Exp: 2026-03-01→ Common Stock (48,117 underlying) - 34,468
Performance Stock Unit
[F4][F12]From: 2027-03-01Exp: 2027-03-01→ Common Stock (34,468 underlying) - 37,676
Performance Stock Unit
[F4][F13]From: 2028-03-01Exp: 2028-03-01→ Common Stock (37,676 underlying)
Footnotes (13)
- [F1]This transaction was executed in multiple trades at prices ranging from $148.00 to $148.16. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
- [F10]Includes 1,147 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 21, 2025, June 13, 2025, September 12, 2025, and December 12, 2025 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
- [F11]Includes 2,197 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 21, 2025, June 13, 2025, September 12, 2025, and December 12, 2025 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
- [F12]Includes 1,573 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 21, 2025, June 13, 2025, September 12, 2025, and December 12, 2025 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
- [F13]Includes 1,720 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 21, 2025, June 13, 2025, September 12, 2025, and December 12, 2025 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
- [F2]This transaction was executed in multiple trades at prices ranging from $145.00 to $145.13. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
- [F3]This transaction was executed in multiple trades at prices ranging from $142.00 to $143.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
- [F4]Each Stock Unit represents a contingent right to receive one share of LCII Common Stock.
- [F5]These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2023.
- [F6]Includes 344 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 21, 2025, June 13, 2025, September 12, 2025, and December 12, 2025 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
- [F7]These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2024.
- [F8]Includes 699 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 21, 2025, June 13, 2025, September 12, 2025, and December 12, 2025 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
- [F9]These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2025.
Signature
/s/ Lillian D. Etzkorn on behalf of Jason D. Lippert|2026-02-24