LSI Industries (LYTS) director amends Form 4, details 3,410-share grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
LSI Industries Inc. director Chantel E. Lenard reported three equity compensation acquisitions of common shares, all recorded as grants or awards. The largest grant was 3,410 shares at $26.39 on July 1, 2026 under the Non-Employee Director Deferred Compensation Program, bringing direct holdings to 42,609 shares. Earlier awards included 1,200 shares at $18.75 on April 1, 2026 and 1,218 shares at $18.47 on January 2, 2026. An amendment corrects a prior report that had understated the July award.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Lenard Chantel E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 3,410 | $26.39 | $90K |
| Grant/Award | Common Shares | 1,200 | $18.75 | $23K |
| Grant/Award | Common Shares | 1,218 | $18.47 | $22K |
Holdings After Transaction:
Common Shares — 42,609 shares (Direct)
Footnotes (1)
- Common shares acquired under Non-Employee Director Deferred Compensation Program ("NEDDCP") Restricted stock units reporting person elected to defer under NEDDCP. Column 5 adjusted for dividend reinvestment of 8 shares. 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
July 1, 2026 grant: 3,410 shares at $26.39
April 1, 2026 grant: 1,200 shares at $18.75
January 2, 2026 grant: 1,218 shares at $18.47
+2 more
5 metrics
July 1, 2026 grant
3,410 shares at $26.39
Common shares granted to director on July 1, 2026
April 1, 2026 grant
1,200 shares at $18.75
Common shares granted to director on April 1, 2026
January 2, 2026 grant
1,218 shares at $18.47
Common shares granted to director on January 2, 2026
Post-transaction holdings
42,609 shares
Direct common share ownership after July 1, 2026 grant
Dividend reinvestment
8 shares
Adjustment in deferred RSU balance for dividend reinvestment
Key Terms
Non-Employee Director Deferred Compensation Program, Restricted stock units, dividend reinvestment, Grant, award, or other acquisition
4 terms
Non-Employee Director Deferred Compensation Program financial
"Common shares acquired under Non-Employee Director Deferred Compensation Program ("NEDDCP")"
Restricted stock units financial
"Restricted stock units reporting person elected to defer under NEDDCP."
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.
dividend reinvestment financial
"Column 5 adjusted for dividend reinvestment of 8 shares."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
FAQ
What insider transactions did LSI Industries (LYTS) disclose in this Form 4/A?
The filing shows three acquisitions of common shares by director Chantel E. Lenard in 2026, all categorized as grant or award transactions rather than open-market purchases or sales.
What are Chantel E. Lenard’s total LSI Industries (LYTS) holdings after these transactions?
After the July 1, 2026 grant, Chantel E. Lenard holds 42,609 LSI Industries common shares directly, as reported in the post-transaction ownership column of the Form 4/A.
What earlier 2026 equity awards to the LSI Industries (LYTS) director are reported?
The report lists a 1,200-share grant at $18.75 on April 1, 2026 and a 1,218-share grant at $18.47 on January 2, 2026, both classified as grant/award acquisitions of common shares.
What is the Non-Employee Director Deferred Compensation Program (NEDDCP) at LSI Industries (LYTS)?
Footnotes state common shares were acquired under the Non-Employee Director Deferred Compensation Program, and that certain restricted stock units were deferred into this program with 8 shares added through dividend reinvestment.
Why was this LSI Industries (LYTS) Form 4/A filed as an amendment?
The amendment states a prior Form 4 filed on July 6, 2026 incorrectly reported 853 shares instead of the correct 3,410-share acquisition, and this filing corrects that error.