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LCI INDUSTRIES·4

May 13, 9:16 AM ET

Mains Stephanie K. 4

4 · LCI INDUSTRIES · Filed May 13, 2026

Research Summary

AI-generated summary of this filing

Updated

LCI Industries Director Stephanie Mains Exercises Options, Receives RSUs

What Happened

  • Stephanie K. Mains, a director of LCI Industries (LCII), exercised or converted 1,761 derivative units at $112.42 per share on May 12, 2026 (total value $197,972). The same 1,761 shares were reported as disposed on that date, indicating the exercised shares were promptly sold/covered. In addition, she was granted/received 1,335 restricted stock units (RSUs) valued at $0 on the report (these RSUs vested in full on May 12, 2026).

Key Details

  • Transaction date: May 12, 2026; Form 4 filed May 13, 2026 (filed promptly).
  • Exercise: 1,761 shares at $112.42 each — reported acquisition value $197,972.
  • Immediate disposition: 1,761 shares reported as disposed (same price/value), indicating shares were sold/settled the same day.
  • Award: 1,335 RSUs granted/received at $0; footnote indicates these RSUs vested in full on May 12, 2026.
  • Footnote(s): F1 — each stock unit equals a contingent right to one share; F3 — the noted RSUs vested in full on 5/12/2026. Other footnotes describe dividend-equivalent stock units for certain grants.
  • Shares owned after transaction: Not specified in the provided filing excerpt.

Context

  • For retail investors: an option exercise followed by an immediate disposition is commonly a cashless or covering sale (insider exercised derivative rights and did not retain those shares). The RSUs that vested increase the director’s deferred/earned equity but were granted/vested rather than purchased. These moves are routine equity compensation events and do not, by themselves, signal the director’s market view.

Insider Transaction Report

Form 4
Period: 2026-05-12
LCI INDUSTRIESLCII
Mains Stephanie K.
Director
Transactions
  • Exercise/Conversion

    Common Stock

    2026-05-12$112.42/sh+1,761$197,972→ 7,254 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

  • Deferred Stock Unit

    [F1][F5][F6]
    → Common Stock (2,182 underlying)
    2,182
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 92 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 Stephanie K. Mains|2026-05-13

Documents

3 files