Etzkorn Lillian 4

What Happened

• Lillian Etzkorn, EVP and CFO of LCI Industries, exercised derivative awards on April 17, 2026 to acquire 1,131 shares at an exercise price of $123.43 per share (total value shown $139,599). The filing also reports the immediate disposition of 1,131 shares (derivative sale) for the same total value, and 499 shares were surrendered/withheld to cover tax liability (reported as disposed at $0.00). Transaction codes: M = option/derivative exercise and disposal; F = payment of tax liability via share withholding.

Key Details

• Transaction date: April 17, 2026; Form 4 filed April 20, 2026 (timely file: within required business-day window).
• Exercise price / reported price: $123.43 per share; reported gross value $139,599 for the 1,131-share exercise/disposition.
• Tax withholding: 499 shares surrendered to cover taxes (reported as disposed at $0.00).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Relevant footnotes in the filing explain stock-unit treatment, dividend-equivalent stock units, and vesting schedules for various grants; these notes apply to other awards/disclosures in the filing rather than the exercise itself.

Context

• This appears to be a cashless exercise: options were exercised and an equal number of shares were immediately disposed of, with additional shares withheld to satisfy taxes — a common, routine executive liquidity event rather than an open-market purchase. Such transactions are standard for exercising vested awards and do not by themselves indicate a change in insider sentiment.