Battle W. Patrick 4

What Happened
Battle W. Patrick, a director of Acuity Inc. (AYI), was granted 546 Deferred Restricted Stock Units (DSUs) on 2026-01-21. The DSUs were issued as a deferral of director fees (an award/derivative grant); the filing shows an acquisition at $0.00 because these are compensation units, not an open-market purchase. The DSUs were calculated using an average share price of $320.59, giving an indicative value of roughly $175,042 for the grant.

Key Details

• Transaction date: 2026-01-21 (filed with the SEC on 2026-01-23).
• Grant: 546 DSUs, reported as derivative acquisition at $0.00.
• Valuation used to calculate DSUs: $320.59 (average of high and low prices over the five trading days before the grant). Total implied value ≈ $175,042.14.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: F2 explains DSUs came from the director’s election to defer fees; they vest in full on the first anniversary of the grant date or at the next annual meeting, and are payable upon retirement in a lump sum or five annual installments. F1 indicates a 1-for-1 conversion (one DSU equals one share upon settlement).
• Filing timeliness: filed two days after the transaction date; no late-filing flag indicated.

Context
DSUs are deferred-compensation awards, not cash purchases or sales; they represent the right to receive shares (or share value) later and are common for non-employee directors who elect to take fees in stock units. Because these are routine compensation deferrals, they do not by themselves signal a buy or sell decision about the company’s stock.