Lindsay (LNN) director David B. Rayburn reports 1,046-share equity grant

Rhea-AI Filing Summary

Lindsay Corporation director David B. Rayburn reported an award of 1,046 shares of common stock on January 6, 2026. The shares were acquired at a reported price of $0.00 per share, indicating a stock-based compensation grant rather than an open-market purchase. Following this transaction, Rayburn beneficially owns 10,799 shares of Lindsay common stock.

According to the disclosure, this total includes restricted stock units that will vest and settle into Lindsay common shares on a one-for-one basis on November 1, 2026. This filing highlights ongoing equity-based alignment between the company and one of its board members.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider RAYBURN DAVID B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,046	$0.00	--

Holdings After Transaction: Common Stock — 10,799 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

RAYBURN DAVID B

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026

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	01/06/2026		A		1,046(1)	A	$0.00	10,799(1)	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

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 on November 1, 2026.

	/s/ Ryan Loneman, attorney-in-fact	01/08/2026
	** 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 Corporation (LNN) report for David B. Rayburn?

Lindsay Corporation director David B. Rayburn reported acquiring 1,046 shares of common stock on January 6, 2026, recorded at a price of $0.00 per share as stock-based compensation.

How many Lindsay (LNN) shares does David B. Rayburn own after this Form 4 transaction?

After the reported transaction, David B. Rayburn beneficially owns 10,799 shares of Lindsay Corporation common stock, including restricted stock units.

Were the Lindsay (LNN) shares acquired by David B. Rayburn bought on the open market?

No. The 1,046 shares were reported at a price of $0.00 per share, indicating they represent stock-based compensation rather than an open-market purchase.

What are the key terms of the restricted stock units reported for Lindsay (LNN)?

The filing states that the holdings include restricted stock units that will vest and settle one-for-one into Lindsay common stock on November 1, 2026.

Is David B. Rayburn a director or officer of Lindsay Corporation (LNN)?

The report identifies David B. Rayburn as a director of Lindsay Corporation and not as an officer or 10% owner.

Are David B. Rayburn’s Lindsay (LNN) shares held directly or indirectly?

The Form 4 classifies Rayburn’s ownership as direct (D) with respect to the 10,799 shares of Lindsay Corporation common stock.