LCI Industries (LCII) Group President sells 20,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LCI Industries executive Ryan Richard Smith reported an open-market sale of company stock. On February 20, 2026, Smith, Group President – N.A., sold 20,000 shares of LCI Industries common stock in open-market transactions at a weighted average price of $147.81 per share, executed across multiple trades between $147.24 and $148.50. After this sale, he directly owned 10,092 common shares.
Smith also reported holdings of restricted stock units and performance stock units, each representing a contingent right to receive one share of LCI Industries common stock. Several RSU grants vest ratably over three years from grant dates in March 2023, March 2024, and March 2025, and the balances include additional stock units credited as dividend equivalents when regular cash dividends were paid in 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($2,956,200)
Net Sell
7 txns
Insider
SMITH RYAN RICHARD
Role
Group President - N.A.
Sold
20,000 shs ($2.96M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $147.81 | $2.96M |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Performance Stock Unit | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,092 shares (Direct);
Restricted Stock Unit — 3,931 shares (Direct);
Performance Stock Unit — 23,575 shares (Direct)
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $147.24 to $148.50. 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. Each Stock Unit represents a contingent right to receive one share of LCII Common Stock. These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2023. Includes 179 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). These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2024. Includes 340 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). These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2025. Includes 558 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). Includes 1,076 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). Includes 765 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). Includes 836 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).
FAQ
What did LCI Industries executive Ryan Richard Smith report in this Form 4 for LCII?
Ryan Richard Smith reported selling 20,000 shares of LCI Industries common stock in open-market transactions. The weighted average sale price was $147.81 per share, leaving him with direct ownership of 10,092 common shares after the transaction.
What restricted stock units does Ryan Richard Smith hold at LCI Industries (LCII)?
He holds restricted stock units that each represent a right to receive one LCI Industries share. These RSUs vest ratably over three years from grant dates in March 2023, March 2024, and March 2025, and include extra units credited as dividend equivalents on 2025 dividend payment dates.
What performance stock units are reported for Ryan Richard Smith at LCI Industries?
The filing shows performance stock unit holdings, each representing a contingent right to one LCI Industries share. Reported balances include additional stock units credited as dividend equivalents on regular cash dividend payment dates in 2025, subject to the same terms as the underlying units.
How are dividend equivalents reflected in Ryan Richard Smith’s LCII stock unit holdings?
His restricted and performance stock unit balances include dividend equivalent stock units. These were added when regular cash dividends were paid in 2025, with each additional unit subject to the same vesting terms and conditions as the related underlying stock units.