Lindsay Corporation reported that it has released its financial results for the first quarter ended November 30, 2025. The company announced these results through an earnings press release and an accompanying slide presentation. Both documents provide details on the company’s operations and financial condition for the quarter and support an investor conference call scheduled for 11:00 a.m. Eastern Time on January 8, 2026.
The press release is furnished as Exhibit 99.1 and the investor presentation as Exhibit 99.2. This information is being furnished rather than filed, meaning it is not subject to certain liability provisions under the Exchange Act and is not automatically incorporated into other securities filings unless specifically referenced.
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.
Lindsay Corporation executive holdings were reported following an event on 12/01/2025. The reporting person, who serves as President - Irrigation, beneficially owns 5,196 shares of Lindsay common stock, including shares acquired through the 2021 Employee Stock Purchase Plan and restricted stock units.
The officer also holds several stock options on Lindsay common stock: an option for 2,847 shares at $114.41 per share expiring 10/27/2035, vesting in three equal annual installments beginning November 1, 2026; an option for 2,370 shares at $121.16 per share expiring 10/28/2034, with vesting that began November 1, 2025; an option for 1,837 shares at $120.54 per share expiring 10/23/2033, with vesting that began November 1, 2024; and an option for 360 shares at $156.16 per share expiring 10/24/2032, which vested in three equal annual installments beginning November 1, 2023.
Lindsay Corporation is soliciting proxies for its Fiscal 2026 Annual Meeting of Stockholders, to be held virtually on January 6, 2026, for holders of common stock as of November 10, 2025. Stockholders will vote on electing three directors for terms ending at the Fiscal 2029 meeting, ratifying KPMG LLP as independent auditor for fiscal 2026, and approving on a non-binding basis the compensation of the Company’s most highly paid executive officers.
The proxy describes record net earnings and earnings per share for fiscal 2025, supported by revenue of $676.4 million, operating margin of 12.8%, and free cash flow of 179%, which drove a 140% of-target payout under the management incentive plan. Named Executive Officers earned 131–132% of target annual cash incentives, while performance stock units for the 2023–2025 cycle paid out at 48% of target. As of the record date, 10,591,980 shares were outstanding, with BlackRock, Inc. holding 17.9%, The Vanguard Group 12.1%, and Neuberger Berman Group 7.7%.
The filing highlights an independent, staggered board, detailed committee structures, new and expanded clawback policies covering erroneously awarded or misconduct-related compensation, and strong advisory support for executive pay, with approximately 94% of votes cast in favor of the most recent say-on-pay resolution.
Lindsay Corporation announced leadership changes in its Irrigation segment. The company and Gustavo E. Oberto mutually agreed that he will depart as President, Irrigation, effective November 30, 2025. Subject to his signing a general release, the company expects to provide compensation consistent with Section 4.4 of his employment agreement and continue health coverage under COBRA for up to twelve months.
Effective December 1, 2025, Lindsay appointed Brian J. Magnusson, 46, as President, Irrigation, succeeding Mr. Oberto. The filing incorporates Mr. Oberto’s August 17, 2020 employment agreement by reference for severance terms.
Lindsay Corporation authorized a new share repurchase program of up to $150.0 million of common stock with no expiration date. The authorization follows the completion of the company’s previously authorized $250.0 million repurchase program.
Repurchases may occur over time in open market and privately negotiated transactions, and through formalized trading plans under Rule 10b5-1. Management will determine timing, volume, and method based on factors like the stock’s trading price, market conditions, and applicable securities laws. The program does not obligate the company to repurchase any specific amount and may be suspended or discontinued at any time.
The company notes that share repurchases in excess of issuances are subject to the 1% excise tax enacted by the Inflation Reduction Act.
Lindsay Corporation (LNN) reported an insider equity grant. A Senior Vice President filed a Form 4 for awards dated 11/03/2025: 2,674 shares of common stock were acquired at $0.00 (in the form of restricted stock units), bringing reported beneficial ownership to 2,674 shares directly.
The filing also discloses an option grant for 4,339 shares at an exercise price of $112.17, expiring on 11/03/2035. The RSUs vest in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028. The option vests in three equal annual installments beginning on November 1, 2026.
Lindsay Corp (LNN) reported an insider equity change by its President - Infrastructure on 11/01/2025. The officer acquired 499 shares of common stock upon vesting of performance stock units at $0, and shares were withheld to cover taxes, with 546 shares disposed at a price of $111.24 under code F. Following these transactions, the officer directly holds 8,328 shares of common stock.
The filing also lists outstanding stock options covering multiple grants with stated exercise prices and expiration dates, including options for 3,203 shares at $114.41 expiring on 10/27/2035, and 2,666 shares at $121.16 expiring on 10/28/2034, among others, with vesting schedules as disclosed.
Lindsay Corp (LNN) filed a Form 3 reporting the initial beneficial ownership status of a company insider. The reporting person is identified as an officer, serving as Senior Vice President, and checked that the form is filed by one reporting person. As of the event date 11/03/2025, the filing states no securities are beneficially owned. Both the non-derivative and derivative tables reflect no reported holdings, indicating no listed stock, options, or other convertible securities. The form is signed by attorney-in-fact Ryan Loneman on 11/04/2025. This is an administrative disclosure and does not reflect a transaction.
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.