Schnur Jamie 4
Research Summary
AI-generated summary
LCI Industries (LCII) Group President Jamie Schnur Sells 20,000 Shares
What Happened
Jamie Schnur, Group President — Aftermarket at LCI Industries (LCII), sold a total of 20,000 shares in two open-market transactions. On 2026-02-20 Schnur disposed of 10,000 shares at a weighted-average price of $147.65 for proceeds of $1,476,500 (reported range $147.11–$149.18). On 2026-02-23 Schnur disposed of 10,000 shares at a weighted-average price of $144.66 for proceeds of $1,446,600 (reported range $142.25–$145.00). Total proceeds across both sales were $2,923,100. These were outright sales (S = sale), not purchases or exercises.
Key Details
- Transaction dates and reported prices:
- 2026-02-20: 10,000 shares sold, weighted avg $147.65 (range $147.11–$149.18) — $1,476,500.
- 2026-02-23: 10,000 shares sold, weighted avg $144.66 (range $142.25–$145.00) — $1,446,600.
- Total shares sold: 20,000; total proceeds ≈ $2,923,100.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Notable footnotes: F1 and F2 state the sales were executed in multiple trades and the reported prices are weighted averages; the reporting person will provide full trade-by-trade details on request. Other footnotes (F3–F12) describe stock units, dividend-equivalent stock units, and RSU vesting schedules included elsewhere in the filing.
- Filing/timeliness: Form 4 filed 2026-02-24 reporting a 2026-02-20 transaction period — filing appears timely (within required reporting window).
Context
These were open-market sales by an executive — routine sales by insiders are common and do not, by themselves, indicate management’s view on the company. Purchases generally carry more informational weight for investors. The filing does not indicate a 10b5-1 plan or other reason for the sales; F1/F2 simply document multiple-trade execution and weighted-average pricing.