Equity grant gives Lindsay Corp (NYSE: LNN) VP 162 stock units in 2026
Rhea-AI Filing Summary
Lindsay Corporation VP & Chief Accounting Officer Coburn Brett Richard reported receiving additional equity compensation. On January 12, 2026, he acquired 162 shares of Lindsay common stock at a price of $0.00 per share, reported as an award of restricted stock units.
The restricted stock units will vest and settle into shares on a one-for-one basis in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028. Following this transaction, he beneficially owns 1,651 shares of Lindsay common stock, including shares acquired through the company’s 2021 Employee Stock Purchase Plan and additional restricted stock units.
Positive
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FAQ
What insider transaction did Lindsay Corp (LNN) report on this Form 4?
The Form 4 reports that Coburn Brett Richard, VP & Chief Accounting Officer of Lindsay Corporation, acquired 162 shares of common stock as a restricted stock unit award on January 12, 2026, at a price of $0.00 per share.
Who is the reporting person in the Lindsay Corp (LNN) Form 4 filing?
The reporting person is Coburn Brett Richard, who serves as VP & Chief Accounting Officer of Lindsay Corporation.
How many Lindsay Corp (LNN) shares does the insider own after the reported transaction?
After the reported transaction, Coburn Brett Richard beneficially owns 1,651 shares of Lindsay Corporation common stock, held in direct ownership form.
What are the vesting terms of the restricted stock units reported by Lindsay Corp (LNN)?
The restricted stock units will vest and settle into shares of Lindsay Corporation common stock on a one-for-one basis in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028.
What types of equity are included in the insider’s beneficial ownership of Lindsay Corp (LNN)?
The beneficial ownership of 1,651 shares includes shares of common stock acquired under Lindsay Corporation’s 2021 Employee Stock Purchase Plan and shares in the form of restricted stock units.
Is the Lindsay Corp (LNN) insider ownership in this Form 4 direct or indirect?
The Form 4 indicates the ownership of Lindsay Corporation common stock is direct (D), with no separate indirect ownership entity disclosed in the transaction table.