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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,046 shares
Net Buy
1 txn
Insider
RAYBURN DAVID B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,046 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 10,799 shares (Direct)
Footnotes (1)
- F1. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
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.