Bender Michael J 4

What Happened
Michael J. Bender, a director of Acuity Inc. (AYI), was granted 546 Deferred Restricted Stock Units (DSUs) on January 21, 2026. The grant is recorded as a derivative award (transaction code A) with an acquisition price of $0.00. The DSUs were calculated using an average share price of $320.59, yielding an estimated grant value of $175,042.14.

Key Details

• Transaction date: 2026-01-21; Form 4 filed: 2026-01-23 (filed within the standard reporting window).
• Amount: 546 DSUs granted; reported acquisition price $0.00 (derivative award).
• Estimated value: 546 × $320.59 = $175,042.14 (based on F3 calculation).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes: F1 indicates a 1-for-1 treatment; F2 explains these are Deferred Restricted Stock Units issued under the 2012 Omnibus Plan as elected director compensation; F3 notes the DSU count was based on the $320.59 average of the high and low sales prices over the five trading days before the grant.
• Timeliness: No late filing flag; appears timely.

Context
DSUs are deferred compensation tied to company stock; they vest in full on the first anniversary of the grant (or earlier at the next annual meeting) and are payable upon retirement either as a lump sum or in five annual installments. This is an award of deferred compensation (not an open-market purchase or sale) and should be viewed as routine director compensation rather than an immediate market sentiment signal.