LNN CFO reports PSU vesting and tax withholding on 11/01/2025
Rhea-AI Filing Summary
Lindsay Corp (LNN) insider activity: the Senior Vice President and CFO reported equity award vesting and tax withholding on 11/01/2025. The filing shows 768 shares of common stock acquired at $0.00 from performance stock units vesting, and 813 shares withheld at $111.24 to cover taxes. Following these transactions, the officer directly holds 9,576 shares, with an additional 1,410 shares held indirectly by a spouse.
The report also lists multiple outstanding stock options with exercise prices ranging from $91.56 to $156.16 and expirations between 10/31/2027 and 10/28/2034, with vesting schedules as disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 45 shares
Net Sell
11 txns
Insider
Ketcham Brian L
Role
Senior Vice President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 768 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 813 | $111.24 | $90K |
| 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 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,576 shares (Direct);
Option to Purchase — 25,889 shares (Direct);
Common Stock — 1,410 shares (Indirect, By spouse)
Footnotes (12)
- F1. Shares of common stock acquired upon vesting of performance stock units.
- F2. Includes common stock in the form of restricted stock units.
- F3. 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.
- F4. Shares were purchased by, and are held in the name of, Mr. Ketcham's spouse.
- F5. The option vests in three equal annual installments, which began on November 1, 2025.
- F6. The option vests in three equal annual installments, which began on November 1, 2024.
- F7. The option vested in three equal annual installments, which began on November 1, 2023.
- F8. The option vested in three equal annual installments, which began on November 1, 2022.
- F9. The option vested in three equal annual installments, which began on November 1, 2021.
- F10. The option vested in three equal annual installments, which began on November 1, 2020.
- F11. The option vested in three equal annual installments, which began on November 1, 2019.
- F12. The option vested in four equal annual installments, which began on November 1, 2018.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Lindsay (LNN) report?
On 11/01/2025, the CFO acquired 768 shares via PSU vesting and had 813 shares withheld at $111.24 for taxes.
What do the codes A and F mean in the LNN Form 4?
A indicates shares acquired (award vesting). F indicates shares withheld to satisfy tax obligations.
What stock options are outstanding for the LNN CFO?
Options cover multiple grants with exercise prices from $91.56 to $156.16 and expirations from 10/31/2027 to 10/28/2034.
Does this Form 4 indicate open-market selling by the LNN CFO?
No. The disposition was 813 shares withheld for taxes at $111.24, not an open-market sale.