LYTS Form 144: Insider Sale of 54,575 Shares (~$1.27M)

LSI Industries (LYTS) insider filing: An individual reported the proposed sale of 54,575 common shares through Morgan Stanley Smith Barney on the NASDAQ, with an aggregate market value of $1,271,084.50.

Rhea-AI Filing Summary

LSI Industries (LYTS) insider filing: An individual reported the proposed sale of 54,575 common shares through Morgan Stanley Smith Barney on the NASDAQ, with an aggregate market value of $1,271,084.50. The shares were acquired and are proposed to be sold on 09/08/2025 following a stock option exercise, with cash used to pay the option consideration.

The filer disclosed prior sales by the same person: 18,345 shares sold on 08/27/2025 for $419,515.08. The company has 30,004,460 shares outstanding. The filer certified they are not aware of undisclosed material adverse information about the issuer.

Insights

Securities Analyst

TL;DR Routine insider sale of exercised options; size is small relative to total shares outstanding and appears non-material.

The filing shows an insider exercising options and immediately proposing to sell 54,575 shares valued at $1.27M. Relative to the issuer's reported 30,004,460 shares outstanding, this sale represents roughly 0.18% of the float, indicating limited dilution or market impact. The immediate cash payment for the exercise and use of a brokered sale are consistent with typical option-exercise monetization. Prior sale of 18,345 shares on 08/27/2025 is disclosed, suggesting ongoing, routine monetization rather than a single large exit.

Corporate Governance Expert

TL;DR Disclosure aligns with Rule 144 mechanics; representation on material non-disclosure is standard and important.

The filer completed required Rule 144 reporting: stating acquisition details (stock option exercise), sale method (broker-dealer), and affirming no undisclosed material adverse information. The signature declaration warns about criminal penalties for misstatements, highlighting governance safeguards. There is no indication in the filing of unusual timing, related-party transfers, or restricted securities anomalies—this appears to be a standard compliance disclosure for an exercised-option sale.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did the LYTS Form 144 report disclose about the transaction?

The filing reports a proposed sale of 54,575 common shares acquired by stock option exercise on 09/08/2025, to be sold through Morgan Stanley Smith Barney on the NASDAQ.

How much is the proposed sale worth according to the LYTS filing?

The aggregate market value reported for the 54,575 shares is $1,271,084.50.

When were the securities acquired and how was the exercise paid?

The securities were acquired on 09/08/2025 via a stock option exercise, and the payment for the exercise was made in cash on that date.

Has the insider sold LYTS shares recently before this filing?

Yes. The filing discloses a prior sale of 18,345 shares on 08/27/2025 that generated $419,515.08 in gross proceeds.

How large is the proposed sale relative to LYTS outstanding shares?

The company reports 30,004,460 shares outstanding; the proposed sale of 54,575 shares represents approximately 0.18% of outstanding shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 09/08/2025 - 04:05 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001708704
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	LSI INDUSTRIES INC.
SEC File Number	000-13375
Address of Issuer	10000 Alliance Road, Cincinnati, OHIO 45242
Phone	(513)-793-3200
Name of Person for Whose Account the Securities are To Be Sold	JAMES GALEESE
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	54575	1271084.50	30004460	09/08/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/08/2025	Stock Option Exercise	Issuer			54575	09/08/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
JAMES GALEESE 10000 Alliance Road, Cincinnati, OH 45242	Common	08/27/2025	18345	419515.08

144: Remarks and Signature

Remarks
Date of Notice	09/08/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ James E Galeese
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)