STOCK TITAN

LCI Industries (LCII) CEO sells 50,000 shares in open-market trades

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

LCI Industries President and CEO Jason Lippert reported selling a total of 50,000 shares of common stock in open-market transactions on February 20, 23, and 24, 2026, at reported weighted average prices of $148.01, $145.03, and $142.76 per share. After these sales, he directly owned 334,973 shares of common stock. He also holds restricted stock units and performance stock units that generally vest ratably over three years from grant dates in March 2023, March 2024, and March 2025, and these units include additional stock units credited as dividend equivalents under the company’s 2018 Omnibus Incentive Plan.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
LIPPERT JASON

(Last) (First) (Middle)
C/O LCI INDUSTRIES
3501 COUNTY ROAD 6 EAST

(Street)
ELKHART IN 46514-7663

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LCI INDUSTRIES [ LCII ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President , CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/20/2026 S 10,000 D $148.01(1) 374,973 D
Common Stock 02/23/2026 S 30,000 D $145.03(2) 344,973 D
Common Stock 02/24/2026 S 10,000 D $142.76(3) 334,973 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (4) (5) 03/01/2026 Common Stock 7,548 7,548(6) D
Restricted Stock Unit (4) (7) 03/01/2027 Common Stock 15,320 15,320(8) D
Restricted Stock Unit (4) (9) 03/01/2028 Common Stock 25,118 25,118(10) D
Performance Stock Unit (4) 03/01/2026 03/01/2026 Common Stock 48,117 48,117(11) D
Performance Stock Unit (4) 03/01/2027 03/01/2027 Common Stock 34,468 34,468(12) D
Performance Stock Unit (4) 03/01/2028 03/01/2028 Common Stock 37,676 37,676(13) D
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $148.00 to $148.16. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
2. This transaction was executed in multiple trades at prices ranging from $145.00 to $145.13. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
3. This transaction was executed in multiple trades at prices ranging from $142.00 to $143.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
4. Each Stock Unit represents a contingent right to receive one share of LCII Common Stock.
5. These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2023.
6. Includes 344 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 21, 2025, June 13, 2025, September 12, 2025, and December 12, 2025 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).
7. These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2024.
8. Includes 699 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 21, 2025, June 13, 2025, September 12, 2025, and December 12, 2025 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).
9. These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2025.
10. Includes 1,147 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 21, 2025, June 13, 2025, September 12, 2025, and December 12, 2025 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).
11. Includes 2,197 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 21, 2025, June 13, 2025, September 12, 2025, and December 12, 2025 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).
12. Includes 1,573 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 21, 2025, June 13, 2025, September 12, 2025, and December 12, 2025 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).
13. Includes 1,720 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 21, 2025, June 13, 2025, September 12, 2025, and December 12, 2025 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).
Remarks:
/s/ Lillian D. Etzkorn on behalf of Jason D. Lippert 02/24/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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3.43B
23.28M
Recreational Vehicles
Motor Vehicle Parts & Accessories
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United States
ELKHART