LYTS (NASDAQ: LYTS) Form 144 lists 136,578 shares from option exercises
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
LYTS submits a Form 144 notice regarding the proposed sale of Common Stock. The filing lists three Stock Option Exercise entries dated 05/28/2026 showing 38,386, 22,586 and 75,606 shares respectively. The header also records a numeric line with 136,578.
Positive
- None.
Negative
- None.
Key Figures
Filing date: 05/28/2026
Option exercise - line 1: 38,386 shares
Option exercise - line 2: 22,586 shares
+2 more
5 metrics
Filing date
05/28/2026
Date shown for listed transactions
Option exercise - line 1
38,386 shares
Stock Option Exercise entry dated 05/28/2026
Option exercise - line 2
22,586 shares
Stock Option Exercise entry dated 05/28/2026
Option exercise - line 3
75,606 shares
Stock Option Exercise entry dated 05/28/2026
Header numeric line
136,578
Numeric field appearing in the filing header
Key Terms
Form 144, Stock Option Exercise, Issuer
3 terms
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Stock Option Exercise financial
"Common | 05/28/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Issuer regulatory
"Stock Option Exercise | Issuer | | | 38386"
FAQ
What does LYTS's Form 144 disclose?
The Form 144 discloses three stock-option-related entries dated 05/28/2026. It lists 38,386, 22,586, and 75,606 shares tied to Stock Option Exercise transactions.
Are the transactions in LYTS's filing exercises or open‑market sales?
The excerpt labels the items as Stock Option Exercise dated 05/28/2026. The entry shows 'Issuer' and 'Cash' in the method column, indicating exercises are recorded; the filing form is a proposed-sale notice.
Who is identified as the broker or intermediary in the filing?
The excerpt names Morgan Stanley Smith Barney LLC with an address at 1 New York Plaza. That broker is listed in the filer/issuer section of the provided content.