LCI Industries (LCII) Group President sells 20,000 shares in open market

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.

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

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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^*

SMITH RYAN RICHARD

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Group President - N.A.

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		20,000	D	$147.81(1)	10,092	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	(2)							(3)	03/01/2026	Common Stock	3,931		3,931(4)	D
Restricted Stock Unit	(2)							(5)	03/01/2027	Common Stock	7,448		7,448(6)	D
Restricted Stock Unit	(2)							(7)	03/01/2028	Common Stock	12,210		12,210(8)	D
Performance Stock Unit	(2)							03/01/2026	03/01/2026	Common Stock	23,575		23,575(9)	D
Performance Stock Unit	(2)							03/01/2027	03/01/2027	Common Stock	16,755		16,755(10)	D
Performance Stock Unit	(2)							03/01/2028	03/01/2028	Common Stock	18,314		18,314(11)	D

Explanation of Responses:

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.

2. Each Stock Unit represents a contingent right to receive one share of LCII Common Stock.

3. These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2023.

4. 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).

5. These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2024.

6. 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).

7. These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2025.

8. 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).

9. 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).

10. 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).

11. 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).

Remarks:

	/s/ Lillian D. Etzkorn on behalf of Ryan R. Smith	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.
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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.

At what price did Ryan Richard Smith sell LCI Industries (LCII) shares?

He sold 20,000 LCI Industries common shares at a weighted average price of $147.81 per share. The trades were executed in multiple transactions, with prices ranging from $147.24 to $148.50 on the same transaction date.

How many LCI Industries shares does Ryan Richard Smith own after the reported sale?

Following the reported sale, Ryan Richard Smith directly owns 10,092 shares of LCI Industries common stock. This figure reflects his post-transaction holdings as disclosed, separate from additional interests represented by restricted stock units and performance stock units.

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.