LNN insider update: 499 PSUs vested; holdings now 6,897
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lindsay Corporation (LNN) reported an insider transaction by its President - Irrigation. On 11/01/2025, the officer acquired 499 shares of common stock at $0 upon vesting of performance stock units (code A). The filing also shows a disposition of 546 shares at $111.24 (code F) to satisfy tax withholding tied to the vesting.
Following these transactions, the officer directly holds 6,897 shares of common stock. The filing lists multiple outstanding stock options, including an option for 3,203 shares at an exercise price of $114.41 expiring on 10/27/2035, which vests in three equal annual installments beginning on November 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Oberto Gustavo E
Role
President - Irrigation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 499 | $0.00 | -- |
| Tax Withholding | Common Stock | 546 | $111.24 | $61K |
| holding | Option to Purchase | -- | -- | -- |
| holding | Option to Purchase | -- | -- | -- |
| holding | Option to Purchase | -- | -- | -- |
| holding | Option to Purchase | -- | -- | -- |
| holding | Option to Purchase | -- | -- | -- |
| holding | Option to Purchase | -- | -- | -- |
| holding | Option to Purchase | -- | -- | -- |
| holding | Option to Purchase | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,443 shares (Direct);
Option to Purchase — 3,203 shares (Direct)
Footnotes (1)
- Shares of common stock acquired upon vesting of performance stock units. 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. Shares of common stock withheld to satisfy tax withholding obligations upon vesting of performance stock units referenced in footnote 1 and restricted stock units previously included in Table I. The option vests in three equal annual installments beginning on November 1, 2026. The option vests in three equal annual installments, which began on November 1, 2025. The option vests in three equal annual installments, which began on November 1, 2024. The option vested in three equal annual installments, which began on November 1, 2023. The option vested in three equal annual installments, which began on November 1, 2022. The option vested in three equal annual installments, which began on November 1, 2021. The option vested in three equal annual installments, which began on November 1, 2020.
FAQ
What did LNN’s President - Irrigation report on Form 4?
The officer reported vesting of 499 shares from performance stock units and a tax withholding disposition of 546 shares at $111.24.
What do the Form 4 transaction codes A and F mean here?
Code A reflects shares acquired upon vesting of awards; code F reflects shares withheld to cover taxes related to that vesting.
What option awards are highlighted in the filing?
One example is an option for 3,203 shares at $114.41, expiring 10/27/2035, vesting in three equal annual installments beginning 11/01/2026.
Does the filing mention a Rule 10b5-1 trading plan?
The form contains a checkbox reference to Rule 10b5-1(c), but it does not indicate selection in the provided excerpt.