LCI Industries director exercises RSUs, gets new grant
LCI Industries director Tracy D. Graham reported equity compensation activity.
Rhea-AI Filing Summary
LCI Industries director Tracy D. Graham reported equity compensation activity. On May 12, 2026, he exercised restricted stock units covering 1,761 shares of Common Stock at $112.42 per share, bringing his direct Common Stock holdings to 17,427 shares.
He also received a grant of 1,335 Restricted Stock Units, each representing a right to one share of Common Stock. Footnotes state 1,761 restricted stock units vested in full on May 12, 2026, and the new 1,335-unit award will vest in full on the earlier of May 12, 2027 or the next annual meeting of stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,761 shares exercised/converted
Exercise
3 txns
Insider
Graham Tracy D
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 — 17,427 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 shares
Exercise price: $112.42 per share
Common shares held: 17,427 shares
+4 more
7 metrics
RSUs exercised
1,761 shares
Restricted Stock Units converted to Common Stock on May 12, 2026
Exercise price
$112.42 per share
Price applied to 1,761-unit RSU exercise into Common Stock
Common shares held
17,427 shares
Total direct Common Stock holdings after transactions
New RSU grant
1,335 units
Restricted Stock Units granted on May 12, 2026
Dividend-equivalent units
74 units
Additional units from regular cash dividends on prior awards
Vesting date (exercised RSUs)
May 12, 2026
Previously granted restricted stock units vested in full
Future vesting date
May 12, 2027
Latest possible vesting date for new 1,335-unit RSU grant
Key Terms
Restricted Stock Unit, dividend equivalent stock unit(s), 2018 Omnibus Incentive Plan, annual meeting of stockholders
4 terms
Restricted Stock Unit financial
"The filing reports transactions in "Restricted Stock Unit" awards tied to Common Stock."
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 dividend record dates received additional dividend equivalent stock unit(s)."
2018 Omnibus Incentive Plan financial
"Units were granted under the registrant's 2018 Omnibus Incentive Plan."
annual meeting of stockholders financial
"Restricted stock units vest on the date of the annual meeting of stockholders."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did LCI Industries (LCII) director Tracy D. Graham report in this Form 4?
He reported equity compensation-related activity, including exercising restricted stock units into 1,761 shares of Common Stock and receiving a new grant of 1,335 Restricted Stock Units, all held directly as part of his director compensation program.
What new Restricted Stock Units did Tracy D. Graham receive from LCI Industries (LCII)?
He received a grant of 1,335 Restricted Stock Units, each representing a contingent right to one share of LCI Industries Common Stock, with the entire award scheduled to vest on the earlier of May 12, 2027 or the next annual meeting of stockholders.
When did Tracy D. Graham’s previously granted restricted stock units in LCI Industries (LCII) vest?
The filing states that 1,761 restricted stock units vested in full on May 12, 2026, which is the date of LCI Industries’ 2026 annual meeting of stockholders, triggering the corresponding issuance of Common Stock to the director.
How are dividend equivalent stock units described in the LCI Industries (LCII) Form 4 footnotes?
Footnotes explain that 74 stock units were received as dividend equivalents on prior awards when LCI Industries paid regular cash dividends, with these additional units subject to the same terms and conditions as the original stock units under the 2018 Omnibus Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
