LCI Industries CHRO granted new stock unit awards
Andrich Petar reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Andrich Petar reported acquisition or exercise transactions in this Form 4 filing.
LCI Industries Chief Human Resources Officer Petar Andrich received new equity awards in the form of stock units. On March 1, 2026, he was granted 1,773 restricted stock units and 1,182 performance stock units, each representing a contingent right to one share of LCI Industries common stock.
The restricted stock units vest in three equal annual installments on the first through third anniversaries of the March 1, 2026 grant date. The performance stock units may be earned based on Return on Invested Capital and Free Cash Flow goals measured through the end of 2028, with any earned units vesting on March 1, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,773 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Unit | 1,182 | $0.00 | $0.00 |
Footnotes (6)
- F1. Each Stock Unit represents a contingent right to receive one share of LCII Common Stock.
- F2. The filing was delayed due to a procedural delay in Mr. Andrich receiving the requisite EDGAR access codes from the SEC. This Form 4 was filed promptly upon receipt of the codes.
- F3. These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2026.
- F4. Includes 17 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) 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).
- F5. These Performance Stock Units ("PSUs") represent the contingent right to receive shares of LCII Common Stock, if and to the extent certain Return on Invested Capital and Free Cash Flow performance goals are achieved by the end of 2028. Earned PSUs, if any, will vest on March 1, 2029.
- F6. Includes 11 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) 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).
Key Figures
Key Terms
Restricted Stock Unit financial
Performance Stock Unit financial
Return on Invested Capital financial
Free Cash Flow financial
dividend equivalent stock unit financial
2018 Omnibus Incentive Plan financial
FAQ
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What equity awards did LCI Industries (LCII) grant to Petar Andrich?
How do the restricted stock units for LCII’s Petar Andrich vest?
What performance goals apply to LCI Industries (LCII) performance stock units?
When do Petar Andrich’s LCI Industries performance stock units vest if earned?
What does each stock unit granted by LCI Industries (LCII) represent?
Are dividend equivalents included in Petar Andrich’s LCI Industries stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.