Lindsay accounting chief acquires 519 shares
The options begin vesting in 2027, while the restricted stock units vest and settle in equal installments from 2027 through 2029.
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Rhea-AI Filing Summary
Lindsay Corporation (LNN) reported that its VP & Chief Accounting Officer, Brett Richard Coburn, acquired 519 shares of common stock and received an option award covering 511 shares on October 26, 2026. The options have a $105.94 exercise price, expire October 26, 2036, and vest in three equal annual installments beginning November 1, 2027. The 519-share acquisition includes shares acquired under Lindsay Corporation’s 2021 Employee Stock Purchase Plan and restricted stock units (RSUs). The RSUs vest and settle one-for-one in three equal installments on November 1, 2027, November 1, 2028, and November 1, 2029. Coburn’s reported direct common-stock holdings after the acquisition were 2,243 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase F3 | 511 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1, F2 | 519 | $0.00 | $0.00 |
Footnotes (3)
- F1. Includes restricted stock units that will vest and settle in shares of Lindsay Corporation's common stock on a one-for-one basis in three equal installments on the following dates: November 1, 2027; November 1, 2028; and November 1, 2029.
- F2. Includes shares of common stock acquired pursuant to Lindsay Corporation's 2021 Employee Stock Purchase Plan and shares of common stock in the form of restricted stock units.
- F3. The option vests in three equal annual installments beginning on November 1, 2027.
Key Figures
Key Terms
Option to Purchase financial
restricted stock units financial
Employee Stock Purchase Plan financial
FAQ
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When do Brett Richard Coburn’s LNN awards vest?
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