LCI Industries director exercises 1,761 RSUs
LCI Industries director John A. Sirpilla reported compensation-related equity transactions.
Rhea-AI Filing Summary
LCI Industries director John A. Sirpilla reported compensation-related equity transactions. On May 12, 2026, he exercised 1,761 restricted stock units, receiving 1,761 shares of common stock at a reported value of $112.42 per share, bringing his direct common stock holdings to 10,294 shares.
He also received a new grant of 1,335 restricted stock units, each representing a contingent right to one share of common stock. These new units will vest in full on the earlier of May 12, 2027 or the next annual meeting of stockholders. The filing notes 74 of the reported units arose from dividend-equivalent credits on prior awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,761 shares exercised/converted
Exercise
3 txns
Insider
SIRPILLA JOHN A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,761 | $112.42 | $198K |
| Grant/Award | Restricted Stock Unit | 1,335 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,761 | $112.42 | $198K |
Holdings After Transaction:
Restricted Stock Unit — 1,335 contracts (Direct);
Common Stock — 10,294 shares (Direct)
Footnotes (4)
- 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.
Key Figures
RSUs exercised: 1,761 units
Exercise reporting price: $112.42 per share
Common shares held: 10,294 shares
+2 more
5 metrics
RSUs exercised
1,761 units
Converted to common stock on May 12, 2026
Exercise reporting price
$112.42 per share
Value used for 1,761-unit RSU conversion
Common shares held
10,294 shares
Direct holdings after reported transactions
New RSU grant
1,335 units
Awarded May 12, 2026, vesting by May 12, 2027 or next annual meeting
Dividend-equivalent units
74 units
Additional stock units credited from regular cash dividends
Key Terms
Restricted Stock Unit, dividend equivalent stock unit(s), 2018 Omnibus Incentive Plan, annual meeting of stockholders
4 terms
Restricted Stock Unit financial
"These restricted stock units vested in full on May 12, 2026, the date of the 2026 annual meeting of stockholders."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend equivalent stock unit(s) financial
"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"
2018 Omnibus Incentive Plan financial
"In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan"
annual meeting of stockholders financial
"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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did LCI Industries (LCII) report for John A. Sirpilla?
LCI Industries director John A. Sirpilla exercised 1,761 restricted stock units into common stock and received a new grant of 1,335 restricted stock units. All transactions were reported as acquisitions related to equity compensation rather than open-market purchases or sales.
What is the size and vesting schedule of the new RSU grant at LCI Industries (LCII)?
Sirpilla received 1,335 new restricted stock units linked to LCI Industries common stock. According to the filing, these units will vest in full on the earlier of May 12, 2027 or the date of the company’s next annual meeting of stockholders, assuming plan conditions are satisfied.
At what value were the 1,761 LCI Industries RSUs exercised by John A. Sirpilla?
The 1,761 restricted stock units were exercised into common shares at a reported value of $112.42 per share. This reflects the price used for reporting the derivative exercise on the Form 4, not an open-market trade price, since the event was an RSU vesting conversion.
How were dividend-equivalent stock units treated in this LCI Industries Form 4?
The filing states that 74 stock units were received as dividend-equivalent units on earlier grant dates. These units were credited when regular cash dividends were paid, and they are subject to the same terms and conditions as the underlying stock units held on the relevant record dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
