LCI Industries (LCII) director exercises 1,761 units, granted 1,335 RSUs
Rhea-AI Filing Summary
LCI Industries director Kieran M. O'Sullivan increased his equity stake through compensation-related stock activity. On May 12, 2026, he exercised 1,761 restricted stock units into an equal number of common shares at an indicated value of $112.42 per share, leaving him with 24,722 common shares held directly.
On the same date he received a new award of 1,335 restricted stock units, each representing a contingent right to one share of common stock. Footnotes state that 74 of these units reflect dividend-equivalent stock units granted under the 2018 Omnibus Incentive Plan and that the new award will vest in full on the earlier of May 12, 2027 or the next annual stockholders' meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,761 shares exercised/converted
Mixed
3 txns
Insider
O'SULLIVAN KIERAN M
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 | -- |
| Exercise | Common Stock | 1,761 | $112.42 | $198K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 24,722 shares (Direct)
Footnotes (1)
- Each Stock Unit represents a contingent right to receive one share of LCII Common Stock. 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). These restricted stock units vested in full on May 12, 2026, the date of the 2026 annual meeting of stockholders. 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 units
Exercise price: $112.42 per share
Common shares held: 24,722 shares
+3 more
6 metrics
RSUs exercised
1,761 units
Restricted stock units converted to common stock on May 12, 2026
Exercise price
$112.42 per share
Reported transaction price for 1,761 common shares received
Common shares held
24,722 shares
Total LCI Industries common stock directly owned after transactions
New RSU grant
1,335 units
Restricted stock units awarded on May 12, 2026
Dividend-equivalent units
74 units
Stock units received from regular cash dividends under 2018 plan
Vesting date (new RSUs)
May 12, 2027
Vest on earlier of May 12, 2027 or next annual meeting
Key Terms
Restricted Stock Unit, dividend equivalent stock unit, 2018 Omnibus Incentive Plan, annual meeting of stockholders
4 terms
Restricted Stock Unit financial
"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."
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 financial
"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."
2018 Omnibus Incentive Plan financial
"In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units received additional dividend equivalent stock unit(s)."
annual meeting of stockholders financial
"These restricted stock units vested in full on May 12, 2026, the date of the 2026 annual meeting of stockholders."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did LCI Industries (LCII) report for Kieran M. O'Sullivan?
LCI Industries reported that director Kieran M. O'Sullivan exercised 1,761 restricted stock units into common shares and received a new grant of 1,335 restricted stock units. All transactions were acquisitions, with no open-market sales disclosed in this filing.
What are the key terms of Kieran O'Sullivan's new restricted stock unit grant at LCI Industries?
The new grant covers 1,335 restricted stock units, each tied to one LCI Industries common share. According to the footnotes, these units will vest in full on the earlier of May 12, 2027 or the date of the next annual meeting of stockholders, subject to plan terms.
How were dividend equivalent stock units reflected in LCI Industries director awards?
The filing notes that 74 stock units were received as dividend equivalent stock units. These arose from regular cash dividends paid on several 2025 and 2026 record dates and are subject to the same terms and conditions as the underlying stock units under the 2018 Omnibus Incentive Plan.
What transaction price is associated with Kieran O'Sullivan's LCI Industries stock unit exercise?
The exercise of 1,761 restricted stock units into common stock is reported at a transaction price of $112.42 per share. This figure appears in both the non-derivative common stock entry and the corresponding restricted stock unit derivative entry in the Form 4 data.