LNN CFO reports PSU vesting and tax withholding on 11/01/2025
Filing Impact
Filing Sentiment
Form Type
4
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
11 transactions reported
Mixed
11 txns
Insider
Ketcham Brian L
Role
Senior Vice President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 768 | $0.00 | -- |
| Tax Withholding | 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 — 10,389 shares (Direct);
Option to Purchase — 3,851 shares (Direct);
Common Stock — 1,410 shares (Indirect, By spouse)
Footnotes (1)
- Shares of common stock acquired upon vesting of performance stock units. Includes 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. Shares were purchased by, and are held in the name of, Mr. Ketcham's spouse. 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. The option vested in three equal annual installments, which began on November 1, 2019. The option vested in four equal annual installments, which began on November 1, 2018.
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.