Lindsay Corporation (LNN) director defers restricted stock unit awards in new filing
Rhea-AI Filing Summary
Lindsay Corporation director Di Si Pablo reported stock-based compensation awards in the form of restricted stock units. On January 6, 2026, he acquired 1,046 shares of Lindsay common stock at a price of $0.00 per share, and a separate award of 684 shares at $0.00 per share, reflected as non-derivative acquisitions.
Some of these holdings are restricted stock units that will vest on November 1, 2026 and then settle one-for-one in Lindsay common shares. Di Si Pablo has elected to defer receipt and settlement of these awards, as well as previously vested units, under the Lindsay Corporation Directors Nonqualified Deferred Compensation Plan, and to receive his annual cash retainer entirely in the form of restricted stock units. Following the reported transactions, he beneficially owned 5,350 and 6,034 common shares in the respective line items, held directly.
Positive
- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,046 | $0.00 | -- |
| Grant/Award | Common Stock | 684 | $0.00 | -- |
Footnotes (1)
- Includes restricted stock units that will vest on November 1, 2026 and that will settle in shares of Lindsay Corporation's common stock on a deferred one-for-one basis. The reporting person has elected to defer receipt and settlement of all of this stock award under the Lindsay Corporation Directors Nonqualified Deferred Compensation Plan. Includes restricted stock units that have vested but receipt and settlement of which have been deferred under the Lindsay Corporation Directors Nonqualified Deferred Compensation Plan. Pursuant to Lindsay Corporation's Policy on Payment of Director Fees and Expenses, the reporting person has elected to receive all of his annual cash retainer in the form of restricted stock units.
FAQ
What insider transaction did Lindsay Corporation (LNN) report for Di Si Pablo?
The filing shows that director Di Si Pablo acquired two stock-based awards on January 6, 2026, recorded as non-derivative common stock at a price of $0.00 per share.
Are the Lindsay (LNN) awards to Di Si Pablo restricted stock units?
Yes. The filing explains that the holdings include restricted stock units that will vest on November 1, 2026 and settle one-for-one in Lindsay common stock.
How are Di Si Pablos Lindsay (LNN) director fees being paid?
Under Lindsay Corporations policy on director fees, Di Si Pablo has elected to receive all of his annual cash retainer in the form of restricted stock units instead of cash.
What is the role of the Lindsay Directors Nonqualified Deferred Compensation Plan in this Form 4?
The filing states that Di Si Pablo elected to defer receipt and settlement of these stock awards, and certain previously vested units, under the Lindsay Corporation Directors Nonqualified Deferred Compensation Plan.