LCI INDUSTRIES SEC Filings

LCI Industries describes internal communications led by Interim CEO Johnny Sirpilla about a planned merger with Patrick Industries. Sirpilla introduces himself, emphasizes Lippert’s 70‑year legacy, and outlines leadership continuity with group presidents Ryan Smith and Jamie Schnur remaining in their roles. He stresses core values, safety, quality, and that operations remain “business as usual” while integration planning proceeds.

The planned merger with Patrick is presented as building on the strengths of both organizations to expand capabilities and resources. The transaction is expected to close in the first half of 2027, subject to stockholder and governmental approvals and other closing conditions. Investors are directed to a future Patrick Form S‑4 registration statement and Joint Proxy Statement/Prospectus for detailed terms, and extensive forward‑looking statement and risk disclosures highlight potential integration, regulatory, cost, and market uncertainties.

LCI Industries director Robert Paul Hureau reported receiving a grant of 1,133 Restricted Stock Units on July 18, 2026. Each unit represents a contingent right to receive one share of LCI Industries common stock. The units have an exercise and expiration date of July 18, 2027, and he now directly holds 1,133 RSUs.

LCI Industries director Robert Paul Hureau filed an initial Form 3 reporting his beneficial ownership. The statement shows no purchase or sale transactions, no derivative securities and zero holdings entries, so no equity or derivative positions are reported for LCI Industries at the time of filing.

LCI Industries expanded its Board of Directors to seven members and elected Robert P. Hureau as an additional independent director, effective July 18, 2026, with a term expiring at the 2027 annual meeting of stockholders. He will serve on the Audit, Risk, and Compensation and Human Capital Committees.

Hureau is President and Chief Executive Officer of Alamo Group Inc. and has extensive executive and financial experience in global industrial and distribution businesses. As a non-employee director, he received a grant of 1,133 restricted stock units that vest in full on the first anniversary of the grant date and will enter into the company’s standard indemnification agreement.

LCI Industries and Patrick Industries announced a proposed all-stock merger to combine the two businesses into a single public company subject to customary shareholder and regulatory approvals. The companies said the pro forma business would generate approximately $8.1 billion in revenue and ~$1.0 billion of adjusted EBITDA, with combined equity value of about $5.5 billion and enterprise value in excess of $7.5 billion.

Under the agreement each LCI share will be exchanged for 1.2440 shares of Patrick common stock, giving Patrick shareholders ~52% and LCI shareholders ~48% of the combined company. Management expects ~$150 million of annual run-rate cost synergies (cost-synergies only), pro forma net leverage of ~2.1x, free cash flow of ~$508 million, and closing targeted in the first half of 2027 (timing and closing subject to approvals).

LCI Industries sent an employee communication describing the proposed transaction with Patrick Industries and the companies' plan to file a Patrick registration statement on Form S-4 that will include a joint proxy statement/prospectus regarding shares to be issued in the transaction. The message directs investors to read the registration statement and the Joint Proxy Statement/Prospectus when filed and explains where free copies will be available on the SEC website and each company’s investor site. It lists prior public filings that disclose directors, officers and ownership and summarizes customary forward-looking statement risk factors and closing-condition risks tied to approvals, regulatory clearances and integration.

LCI Industries and Patrick Industries are pursuing a proposed merger and will file a Patrick registration statement on Form S-4 that will include a joint proxy statement/prospectus for Patrick common stock. The Joint Proxy Statement/Prospectus will be mailed to stockholders once available and will contain details about the transaction, director and officer interests, and risk factors. The companies urge holders to read the registration statement, the Joint Proxy Statement/Prospectus and related filings available on the SEC website and each company’s investor site.

LCI Industries announced a definitive agreement to combine with Patrick Industries in an all-stock merger to form a unified component solutions provider. The companies said the combined company will be headquartered in Elkhart, Indiana and that the transaction is expected to close in the first half of 2027, subject to customary closing conditions.

Leadership roles named during integration planning include Andy Nemeth as CEO, Todd Cleveland as Chair, and Johnny Sirpilla as Vice Chair. The communication states operations continue as usual and that integration planning is underway.

LCI Industries and Patrick Industries announced a definitive combination to create a premier component solutions provider for outdoor recreation, housing, and transportation markets, forming a combined company with $8.1B pro forma revenue and $1.0B pro forma Adjusted EBITDA. The transaction targets >$150M of run-rate cost synergies within three years and expects to close in 1H 2027, subject to shareholder and regulatory approvals. Post-closing ownership is approximately 52%/48% and the combined equity value is ~$5.6B.

The announcement states leadership roles, expected headquarters in Elkhart, IN, and emphasizes expanded aftermarket distribution, broader product capabilities, and enhanced OEM and aftermarket reach. Timing and realization of synergies, regulatory approvals, and integration execution are highlighted as key qualifiers.