Director grant correction at LSI Industries (LYTS) boosts award to 3,410 shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
BROWN RONALD D reported acquisition or exercise transactions in this Form 4 filing.
LSI Industries director Ronald D. Brown received an equity grant of 3,410 common shares on July 1, 2026 at $26.39 per share, increasing his direct holdings to 77,773 shares. Restricted stock units vest one year from grant, and this amendment corrects an earlier report that showed only 853 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BROWN RONALD D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 3,410 | $26.39 | $90K |
Holdings After Transaction:
Common Shares — 77,773 shares (Direct)
Footnotes (1)
- Restricted stock units vest one year from grant date. This amendment is being filed to amend the Form 4 filed on July 6, 2026, which incorrectly reported an acquisition of 853 common shares instead of 3,410.
Key Figures
Shares granted: 3,410 shares
Grant price: $26.39 per share
Shares held after grant: 77,773 shares
+2 more
5 metrics
Shares granted
3,410 shares
Equity grant of common shares to director Ronald D. Brown on July 1, 2026
Grant price
$26.39 per share
Reported value per share for the 3,410-share common stock award
Shares held after grant
77,773 shares
Total direct holdings of Ronald D. Brown following the transaction
Previously reported grant
853 shares
Incorrect share amount in the original Form 4 before this amendment
Vesting period
1 year
Restricted stock units vest one year from the grant date
Key Terms
Restricted stock units, Grant, award, or other acquisition, Common Shares
3 terms
Restricted stock units financial
"Restricted stock units vest one year from grant date."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition regulatory
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did LYTS disclose for director Ronald D. Brown?
Ronald D. Brown received an equity grant of 3,410 common shares of LSI Industries at $26.39 per share. The shares are in the form of restricted stock units that vest one year from the grant date, increasing his direct holdings to 77,773 shares.
What was corrected by this amended Form 4 for LYTS?
The amendment corrects a prior report that showed an acquisition of 853 common shares instead of the accurate figure of 3,410 shares. This change updates the size of Ronald D. Brown’s equity grant while confirming his current direct holdings of 77,773 shares.
At what price was Ronald D. Brown’s LYTS equity grant valued?
The 3,410-share equity grant to Ronald D. Brown was valued at $26.39 per share. This price is used in the Form 4 to report the value of the non-derivative common share award, which consists of restricted stock units vesting after one year.
When do Ronald D. Brown’s LYTS restricted stock units vest?
The restricted stock units granted to Ronald D. Brown vest one year from the grant date. The grant covers 3,410 common shares of LSI Industries awarded on July 1, 2026, with vesting conditioned solely on the passage of that one-year period.