Lindsay (NYSE: LNN) director reports 1,046-share stock award with deferred settlement
Rhea-AI Filing Summary
Lindsay Corporation director Khandaker Jahidul Huq reported an equity award of company stock. On January 6, 2026, he was granted 1,046 shares of Lindsay common stock at a price of $0.00 per share, increasing his directly held beneficial ownership to 1,335 shares after the transaction.
The award is structured as restricted stock units that will vest on November 1, 2026 and will settle in Lindsay common shares on a deferred one-for-one basis. The reporting person has elected to defer receipt and settlement of this stock award, and the filing notes that it also includes previously vested restricted stock units whose receipt and settlement have been deferred under the Lindsay Corporation Directors Nonqualified Deferred Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,046 | $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.
FAQ
What insider transaction did Lindsay Corporation (LNN) disclose in this Form 4?
The filing shows that director Khandaker Jahidul Huq was granted 1,046 shares of Lindsay common stock on January 6, 2026 at a price of $0.00 per share, reported as an acquisition of non-derivative securities.
What type of equity award did the Lindsay (LNN) director receive?
The transaction involves restricted stock units that will vest on November 1, 2026 and will be settled in shares of Lindsay Corporation common stock on a deferred one-for-one basis.
When do the reported restricted stock units for the Lindsay (LNN) director vest and settle?
The filing states that the restricted stock units will vest on November 1, 2026, and they will settle in shares of Lindsay Corporation common stock on a deferred one-for-one basis as elected by the reporting person.
What is the Lindsay Corporation Directors Nonqualified Deferred Compensation Plan mentioned in the Form 4?
The Form 4 explains that the director has elected to defer receipt and settlement of this stock award and that the holdings include restricted stock units whose receipt and settlement have been deferred under the Lindsay Corporation Directors Nonqualified Deferred Compensation Plan.