LCI Industries (NASDAQ: LCII) director forfeits 1,335 RSUs on exit
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LCI Industries director Tracy D. Graham reported changes in his equity awards tied to his resignation from the Board of Directors on June 3, 2026. He forfeited 1,335 restricted stock units that were previously granted and returned them to the company as a disposition to the issuer.
These restricted stock units were granted on May 12, 2026 and had been scheduled to vest in full on the earlier of May 12, 2027 or the date of the next annual meeting of stockholders. Following these transactions, Graham reports direct ownership of 17,427 shares of LCI Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Graham Tracy D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Unit | 1,335 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 17,427 shares (Direct, null)
Footnotes (1)
- Each Stock Unit represents a contingent right to receive one share of LCII Common Stock. Represents the forfeiture of restricted stock units previously granted to the reporting person on May 12, 2026, which were canceled in connection with the reporting person's resignation from the Board of Directors on June 3, 2026. These restricted stock units were originally scheduled to vest in full on the earlier of May 12, 2027 or the date of next year's annual meeting of stockholders.
Key Figures
RSUs forfeited: 1,335 units
Shares held after: 17,427 shares
Grant date: May 12, 2026
+2 more
5 metrics
RSUs forfeited
1,335 units
Restricted stock units disposed to issuer on June 3, 2026
Shares held after
17,427 shares
Common stock directly owned following reported transactions
Grant date
May 12, 2026
Date the forfeited restricted stock units were originally granted
Original vesting date
May 12, 2027
Latest date for full vesting, or earlier next annual meeting
Resignation date
June 3, 2026
Resignation from LCI Industries Board of Directors
Key Terms
Restricted Stock Unit, disposition to issuer, forfeiture, Board of Directors, +1 more
5 terms
Restricted Stock Unit financial
"Each Stock Unit represents a contingent right to receive one share of LCII 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.
disposition to issuer financial
"transaction_action": "issuer disposition","transaction_code_description": "Disposition to issuer""
forfeiture financial
"Represents the forfeiture of restricted stock units previously granted to the reporting person"
Board of Directors financial
"canceled in connection with the reporting person's resignation from the Board of Directors on June 3, 2026."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
annual meeting of stockholders financial
"vest in full on the earlier of May 12, 2027 or the date of next year's annual meeting of stockholders."
FAQ
What insider transaction did Tracy D. Graham report for LCI Industries (LCII)?
Tracy D. Graham reported the forfeiture of 1,335 restricted stock units back to LCI Industries. This disposition to the issuer occurred in connection with his resignation from the Board of Directors on June 3, 2026, and reflects a change in his equity-based compensation.
How many LCI Industries (LCII) restricted stock units did the director forfeit and why?
The director forfeited 1,335 restricted stock units of LCI Industries. These units were canceled in connection with his resignation from the Board of Directors on June 3, 2026, meaning he no longer has the contingent right to receive those associated common shares.
When were the forfeited LCI Industries (LCII) restricted stock units originally scheduled to vest?
The forfeited restricted stock units were originally scheduled to vest in full on the earlier of May 12, 2027 or the date of LCI Industries’ next annual meeting of stockholders. Because the director resigned before that vesting event, the units were canceled and returned to the issuer.