Deely Brendan 4

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.