Lindsay Corp (LNN) Irrigation President reports 427-share acquisition and option awards
Rhea-AI Filing Summary
Lindsay Corporation officer reports equity grant and holdings update. The President of Irrigation at Lindsay Corp (LNN) filed a Form 4 showing an acquisition of 427 shares of common stock on 12/01/2025 at a price of $0.00, bringing direct beneficial ownership to 5,623 common shares. These holdings include shares acquired under Lindsay’s 2021 Employee Stock Purchase Plan and shares held as restricted stock units.
The filing also outlines several stock option awards to purchase common stock, with exercise prices ranging from $114.41 to $156.16 per share and individual grants of 2,847, 2,370, 1,837 and 360 underlying shares. These options vest in three equal annual installments tied to dates from November 1, 2023 through November 1, 2028, reflecting ongoing long-term, equity-based compensation for the executive.
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FAQ
What insider transaction did Lindsay Corp (LNN) report in this Form 4?
The President of Irrigation at Lindsay Corp reported acquiring 427 shares of common stock on 12/01/2025 at a stated price of $0.00 per share, updating his beneficial ownership position.
How many Lindsay Corp (LNN) shares does the reporting officer now beneficially own?
After the reported transaction, the officer directly and beneficially owns 5,623 shares of Lindsay Corp common stock, including shares from the employee stock purchase plan and restricted stock units.
What equity compensation plans are referenced for Lindsay Corp (LNN) in this filing?
The filing notes shares acquired under Lindsay Corporation's 2021 Employee Stock Purchase Plan and restricted stock units that settle in common stock on a one-for-one basis over future vesting dates.
What stock options does the Lindsay Corp (LNN) executive hold according to this Form 4?
The executive holds several options to purchase common stock, including grants covering 2,847, 2,370, 1,837 and 360 shares with exercise prices between $114.41 and $156.16 per share.
When do the restricted stock units for the Lindsay Corp (LNN) officer vest?
The restricted stock units included in this Form 4 are scheduled to vest and settle in common stock in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028.
What is the vesting schedule for the Lindsay Corp (LNN) stock options listed?
The options described vest in three equal annual installments, with different grants beginning vesting on November 1, 2023, November 1, 2024, and November 1, 2025, and one grant beginning on November 1, 2026.