LSI Industries (LYTS) director updates 2026 deferred stock awards
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
LSI Industries director Ernest W. Marshall Jr. reported three equity compensation awards of common shares. On January 2, 2026 he received 1,218 shares at $18.47, on April 1 1,200 shares at $18.75, and on July 1 3,410 shares at $26.39, all under the Non-Employee Director Deferred Compensation Program. After the July award he directly holds 25,188 shares. The amendment states that the July 1 acquisition was previously reported as 853 shares and is now corrected.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MARSHALL ERNEST W JR
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 — 25,188 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
January 2, 2026 grant: 1,218 shares at $18.47
April 1, 2026 grant: 1,200 shares at $18.75
July 1, 2026 grant: 3,410 shares at $26.39
+1 more
4 metrics
January 2, 2026 grant
1,218 shares at $18.47
Common share award to Ernest W. Marshall Jr. on January 2, 2026
April 1, 2026 grant
1,200 shares at $18.75
Common share award to Ernest W. Marshall Jr. on April 1, 2026
July 1, 2026 grant
3,410 shares at $26.39
Corrected common share award to Ernest W. Marshall Jr. on July 1, 2026
Post-transaction holdings
25,188 shares
Total common shares held directly by Ernest W. Marshall Jr. after July 1, 2026 award
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"
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 activity did LSI Industries (LYTS) report for Ernest W. Marshall Jr.?
LSI Industries reported that director Ernest W. Marshall Jr. received three equity awards of common shares in 2026 under a deferred compensation program, increasing his direct holdings to 25,188 shares after the July 1, 2026 grant.
Were the reported LYTS transactions by Marshall open-market stock purchases?
No. All reported transactions use code A for a grant, award, or other acquisition of common shares under the Non-Employee Director Deferred Compensation Program, rather than open-market purchases. They represent compensation-related equity awards, not discretionary buying in the market.
What earlier error does this LYTS Form 4/A amendment correct?
The amendment explains that an earlier report filed on July 6, 2026 incorrectly showed an acquisition of 853 common shares on July 1. The corrected figure is 3,410 common shares, substantially increasing the size of that reported equity award.
What is the Non-Employee Director Deferred Compensation Program referenced for LYTS?
The Non-Employee Director Deferred Compensation Program is identified as the plan under which Marshall acquired common shares and deferred restricted stock units. It also notes an adjustment for 8 shares attributable to dividend reinvestment within the deferred awards.
What other 2026 equity awards to Marshall does LSI Industries (LYTS) disclose?
Besides the July 1 grant, Marshall received 1,218 common shares at $18.47 on January 2, 2026 and 1,200 common shares at $18.75 on April 1, 2026, all categorized as grants or awards of common shares held directly.