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Lindsay Corp (LNN) Irrigation President reports 427-share acquisition and option awards

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Magnusson Brian James

(Last) (First) (Middle)
18135 BURKE ST.
SUITE 100

(Street)
OMAHA NE 68022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LINDSAY CORP [ LNN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President - Irrigation
3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/01/2025 A 427(1) A $0.00 5,623(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase $114.41 (3) 10/27/2035 Common Stock 2,847 2,847 D
Option to Purchase $121.16 (4) 10/28/2034 Common Stock 2,370 2,370 D
Option to Purchase $120.54 (5) 10/23/2033 Common Stock 1,837 1,837 D
Option to Purchase $156.16 11/01/2025(6) 10/24/2032 Common Stock 360 360 D
Explanation of Responses:
1. 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, 2026; November 1, 2027; and November 1, 2028.
2. 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.
3. The option vests in three equal annual installments beginning on November 1, 2026.
4. The option vests in three equal annual installments, which began on November 1, 2025.
5. The option vests in three equal annual installments, which began on November 1, 2024.
6. The option vested in three equal annual installments, which began on November 1, 2023.
/s/ Ryan Loneman, attorney-in-fact 12/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

Lindsay

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1.25B
10.35M
0.86%
104.19%
2.79%
Farm & Heavy Construction Machinery
Farm Machinery & Equipment
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United States
OMAHA