Leibman Maya 4

What Happened

• Maya Leibman, a director of Acuity Inc. (AYI), was granted 546 deferred restricted stock units (DSUs) on January 21, 2026. The Form 4 reports the acquisition at $0.00 per unit (derivative award). The number of DSUs was calculated using an average price of $320.59, implying an economic value of roughly $175,042 at grant.

Key Details

• Transaction date: 2026-01-21; Filing date: 2026-01-23 (filed within the typical 2-business-day window).
• Reported price: $0.00 per unit (award/grant; transaction code A).
• Units granted: 546 DSUs; valuation basis: $320.59 (average of high and low share prices over the five trading days prior to grant) — total ≈ $175,042.
• Vesting/payment: DSUs vest in full on the first anniversary of the grant (or earlier at the next annual meeting) and are payable upon retirement either in a lump sum or in five annual installments (per footnote).
• Conversion: Footnote indicates 1-for-1 treatment for DSUs; these are derivative awards rather than open-market purchases.
• Shares owned after transaction: not specified in the provided filing details.

Context

• DSUs are a form of deferred compensation for directors (here resulting from an election to take director fees in DSUs). This is a routine compensation award and does not represent an open-market purchase or sale; it conveys future economic exposure tied to the company’s stock once vested and paid.