GERO JAMES 4
4 · LCI INDUSTRIES · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
LCI Industries (LCII) Director Gero James Receives 234-Share Award
What Happened
Gero James, a director of LCI Industries (LCII), was granted 234 stock units (reported as a derivative award) on March 31, 2026. The units were reported at an acquisition value of $122.98 each, totaling approximately $28,777. This was an award/grant (code "A") — not an open-market purchase or sale — and represents stock-based compensation rather than a direct cash investment.
Key Details
- Transaction date: March 31, 2026; filing date: April 1, 2026 (appears timely).
- Grant: 234 stock units @ $122.98 per unit; total reported value ~$28,777.
- Transaction type: Award/Grant (derivative stock units / DSUs), not a sale or purchase.
- Shares owned after transaction: Not specified in the provided excerpt.
- Relevant footnotes from the filing:
- F1: Each stock unit represents a contingent right to receive one share of LCII common stock.
- F2: These are deferred stock units (DSUs) earned from quarterly director fees; settlement will occur upon conclusion of the director’s board service per the director’s election.
- F3/F5: Filing notes dividend-equivalent stock units were credited on March 27, 2026 to holders of stock units (these receive the same terms as underlying units).
- No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the supplied data.
Context
This award is a typical form of director compensation (deferred stock units) and should be viewed as compensation rather than a straightforward buy signal. DSUs are contingent rights that convert to shares (or share value) later, often after a director leaves the board or per the director’s election, and may include dividend equivalents as noted in the footnotes.
Insider Transaction Report
- Award
Deferred Stock Unit
[F1][F2][F3]2026-03-31$122.98/sh+234$28,777→ 11,871 total→ Common Stock (234 underlying)
- 319,486
Common Stock
- 1,761
Restricted Stock Unit
[F1][F4][F5]→ Common Stock (1,761 underlying)
Footnotes (5)
- [F1]Each Stock Unit represents a contingent right to receive one share of LCII Common Stock.
- [F2]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.
- [F3]Includes 109 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) 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).
- [F4]These restricted stock units will vest in full on the earlier of May 15, 2026 or the date of the next year's annual meeting of stockholders.
- [F5]Includes 16 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) 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).