Henkels Virginia 4
4 · LCI INDUSTRIES · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
LCI Industries (LCII) Director Virginia Henkels Exercises Options, Receives RSUs
What Happened
- Virginia Henkels, a director of LCI Industries (LCII), exercised/converted derivative awards to acquire 1,761 shares at $112.42 per share (total ~$197,972) on May 12, 2026 and simultaneously disposed of the same 1,761 shares (same value), indicating an immediate sale/cashless exercise.
- On the same date she was credited with 1,335 restricted stock units (RSUs) with a reported acquisition value of $0; per the filing these RSUs vested in full on May 12, 2026.
Key Details
- Transaction date: May 12, 2026. Exercise/disposition price: $112.42/share; total shown ~$197,972. RSU grant recorded at $0 value (1,335 units).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Relevant footnotes: F1—each stock unit equals a contingent right to one share; F3—these restricted stock units vested in full on May 12, 2026. Other footnotes note that some stock units include additional dividend-equivalent units.
- Filing timeliness: Form 4 filed May 13, 2026 for transactions on May 12, 2026 (appears timely).
Context
- The paired "M" entries (acquired and disposed the same number of shares) reflect an option/derivative exercise with an immediate sale of the exercised shares (commonly a cashless exercise or sell-to-cover), rather than an open-market purchase that would signal additional personal investment.
- The 1,335 RSUs vested at the annual meeting date — vested RSUs are compensation, not a market buy signal.
- No 10% owner or 10b5-1 plan indication was provided in the excerpt; motives should not be inferred from these routine compensation and exercise events.
Insider Transaction Report
Form 4
LCI INDUSTRIESLCII
Henkels Virginia
Director
Transactions
- Exercise/Conversion
Common Stock
2026-05-12$112.42/sh+1,761$197,972→ 16,086 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)
Holdings
- 5,944
Deferred Stock Unit
[F1][F5][F6]→ Common Stock (5,944 underlying)
Footnotes (6)
- [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.
- [F5]These shares represent deferred stock units "DSUs" earned from quarterly director fees, the settlement of these DSUs will vest upon the conclusion of the director's board service with the Company, per the election of the director.
- [F6]Includes 251 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).
Signature
/s/ Lillian D. Etzkorn on behalf of Virginia Henkels|2026-05-13