Lindsay Corp (LNN) director discloses 1,046-share equity award and RSU vesting
Rhea-AI Filing Summary
Lindsay Corporation director Michael Christodolou reported an equity award of company stock. On January 6, 2026, he acquired 1,046 shares of Lindsay common stock at a price of $0.00 per share, indicating a stock-based compensation grant rather than an open-market purchase. After this transaction, he beneficially owned a total of 15,822 shares of Lindsay common stock in direct form.
The total includes restricted stock units that will vest and convert into Lindsay common shares on a one-for-one basis on November 1, 2026, tying a portion of his holdings to future service or performance conditions.
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FAQ
What insider transaction did Lindsay Corp (LNN) disclose in this Form 4?
Lindsay Corporation reported that director Michael Christodolou acquired 1,046 shares of Lindsay common stock on January 6, 2026 as a stock-based award priced at $0.00 per share.
How many Lindsay Corp (LNN) shares does the director own after this transaction?
Following the reported award, director Michael Christodolou beneficially owned 15,822 shares of Lindsay Corporation common stock in direct ownership.
What type of equity award did the Lindsay Corp (LNN) director receive?
The filing indicates that the position includes restricted stock units (RSUs) that will vest and settle in shares of Lindsay Corporation’s common stock on a one-for-one basis.
When will the reported restricted stock units for Lindsay Corp (LNN) vest?
The restricted stock units referenced in the filing are scheduled to vest and settle on November 1, 2026, at which time they convert into an equal number of Lindsay common shares.
Was the Lindsay Corp (LNN) insider transaction a market purchase or a stock grant?
The transaction was coded as an “A” (acquisition) at a price of $0.00 per share, indicating a stock-based compensation grant rather than a cash purchase on the open market.
Does the filing mention any indirect ownership for the Lindsay Corp (LNN) director?
No indirect holdings are listed in the provided data. The 15,822 shares following the transaction are reported as direct ownership.