STOCK TITAN

New director joins Lindsay Corporation (NYSE: LNN) board, audit panel

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Lindsay Corporation reported that its Board of Directors increased in size from seven to eight members and appointed Jahidul H. Khandaker as a director effective September 15, 2025. He will serve in the director class whose term expires at the January 2026 Annual Meeting and will join the Audit Committee.

Khandaker’s compensation will follow the existing program for non-employee directors described in the company’s November 20, 2024 proxy statement, and he has entered into the standard indemnification agreement previously filed in 2018. The company stated there are no related-party transactions or special arrangements tied to his appointment and furnished a press release about the appointment as an exhibit.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 15, 2025

 

 

Lindsay Corporation

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

1-13419

47-0554096

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

18135 Burke Street

Suite 100

 

Omaha, Nebraska

 

68022

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (402) 829-6800

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, $1.00 par value

 

LNN

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) On September 15, 2025, the Board of Directors of Lindsay Corporation (the "Company") expanded the size of the Board of Directors from seven to eight members and appointed Jahidul H. Khandaker as a director effective immediately. Mr. Khandaker is a member of the class of directors with a term expiring at the January 2026 Annual Meeting. Mr. Khandaker has been appointed to serve on the Company's Audit Committee.

Mr. Khandaker will receive compensation for serving as a director consistent with the description of compensation of non-employee directors included in the section entitled “Compensation of Directors” in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on November 20, 2024.

Mr. Khandaker has entered into an Indemnification Agreement with the Company in the form attached as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on October 19, 2018.

There are no arrangements or understandings between Mr. Khandaker and any other person pursuant to which Mr. Khandaker was appointed as a director, and there are no transactions between Mr. Khandaker and the Company that would be required to be reported under Item 404(a) of Regulation S-K.

Item 7.01 Regulation FD Disclosure.

A copy of the press release announcing Mr. Khandaker’s appointment to the Company's Board of Directors is furnished herewith as Exhibit 99.1 and incorporated by reference into this Item 7.01. In accordance with General Instruction B.2 of Form 8-K, the information contained in this Item 7.01 and the press release are being “furnished” and, as such, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liabilities of that Section, nor shall such information and exhibit be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

10.1 Form of Indemnification Agreement between the Company and its Officers and Directors, previously filed as Exhibit 10.1 with the Company's Form 8-K filed on October 19, 2018.

99.1 Press Release, dated September 15, 2025, issued by the Company.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

LINDSAY CORPORATION

 

 

 

 

Date:

September 15, 2025

By:

/s/ Brian L. Ketcham

 

 

 

Brian L. Ketcham, Senior Vice President and Chief Financial Officer

 


FAQ

What did Lindsay Corporation (LNN) disclose in this Form 8-K?

Lindsay Corporation disclosed that its Board of Directors expanded from seven to eight members and appointed Jahidul H. Khandaker as a new director effective September 15, 2025. The filing also notes his Audit Committee role and includes a press release as an exhibit.

Who is Jahidul H. Khandaker and what role will he have at Lindsay Corporation (LNN)?

Jahidul H. Khandaker has been appointed as a member of Lindsay Corporation’s Board of Directors effective September 15, 2025. He will serve in the class of directors whose term expires at the January 2026 Annual Meeting and will also serve on the company’s Audit Committee.

How will new director Jahidul H. Khandaker be compensated by Lindsay Corporation (LNN)?

Jahidul H. Khandaker will receive compensation consistent with Lindsay Corporation’s existing program for non-employee directors. The filing refers investors to the “Compensation of Directors” section in the company’s Definitive Proxy Statement on Schedule 14A filed on November 20, 2024 for specific details of that program.

When does Jahidul H. Khandaker’s board term at Lindsay Corporation (LNN) end?

Jahidul H. Khandaker is joining the Lindsay Corporation board as part of the director class whose term expires at the January 2026 Annual Meeting. After that meeting, shareholders would need to elect or re-elect directors according to the company’s normal corporate governance procedures.

Did Lindsay Corporation (LNN) report any related-party transactions involving Jahidul H. Khandaker?

Lindsay Corporation stated there are no transactions between Jahidul H. Khandaker and the company that require disclosure under Item 404(a) of Regulation S-K. The filing also notes there are no arrangements or understandings with any person pursuant to which he was appointed as a director.

What exhibits were included with Lindsay Corporation’s (LNN) 8-K about the new director?

The 8-K includes a previously filed form of Indemnification Agreement as Exhibit 10.1, which applies to officers and directors. It also furnishes a press release dated September 15, 2025 announcing Jahidul H. Khandaker’s appointment as Exhibit 99.1, along with the cover page Inline XBRL data file.
Lindsay

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1.43B
10.20M
Farm & Heavy Construction Machinery
Farm Machinery & Equipment
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