Deely Brendan 4
4 · LCI INDUSTRIES · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
LCI Industries (LCII) Director Brendan Deely Exercises Options, Receives RSUs
What Happened
Brendan Deely, a director of LCI Industries (LCII), exercised derivative interests for 1,761 shares at $112.42 per share on May 12, 2026 (total value $197,972) and disposed of the same 1,761 shares the same day. He was also granted/acquired 1,335 restricted stock units (RSUs) at $0.00 on the same date; those RSUs vested in full on May 12, 2026.
Key Details
- Transaction date: May 12, 2026. Exercise/related disposal price: $112.42 per share. Reported value of exercised/disposed shares: $197,972.
- Grant: 1,335 RSUs granted/acquired at $0.00; filing notes these RSUs vested in full on May 12, 2026 (footnote F3).
- Footnotes: F1—each Stock Unit represents a contingent right to one share; F2—74 stock units reflect dividend-equivalent units from prior dividend payments; F4—some RSUs have a vesting schedule (earlier of May 12, 2027 or next annual meeting) for other grants.
- Shares owned after the transactions: not specified in the filing.
- Filing timeliness: Reported period 2026-05-12, filing dated 2026-05-13 — appears timely (no late filing indicated).
Context
The sequence—exercise of derivative rights and same-day disposition of the same number of shares—is consistent with a cashless exercise or immediate sale of exercised shares; the filing reports both the acquisition (exercise) and the disposition (derivative sale). RSUs are awarded compensation and, when vested, convert to a right to receive shares (see F1–F3). This filing is factual disclosure of insider activity and does not by itself indicate the director’s motive.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-05-12$112.42/sh+1,761$197,972→ 16,160 total - Exercise/Conversion
Restricted Stock Unit
[F1][F2][F3]2026-05-12$112.42/sh−1,761$197,972→ 0 total→ Common Stock (1,761 underlying) - Award
Restricted Stock Unit
[F1][F4]2026-05-12+1,335→ 1,335 total→ Common Stock (1,335 underlying)
Footnotes (4)
- [F1]Each Stock Unit represents a contingent right to receive one share of LCII Common Stock.
- [F2]Includes 74 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) June 13, 2025, September 12, 2025, December 12, 2025, and March 27, 2026 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).
- [F3]These restricted stock units vested in full on May 12, 2026, the date of the 2026 annual meeting of stockholders.
- [F4]These restricted stock units will vest in full on the earlier of May 12, 2027 or the date of next year's annual meeting of stockholders.