LSI Industries (LYTS) Form 4: Thomas Caneris Buys 1,882 Shares
Rhea-AI Filing Summary
Thomas A. Caneris, EVP, HR and General Counsel of LSI Industries Inc. (LYTS), acquired 1,882 common shares during the quarter ended 09/30/2025 through the company's Non-Qualified Deferred Compensation Plan at prices ranging from $17.68 to $23.66 per share. Following the reported transaction, the filing shows total beneficial ownership of 157,437 common shares. The Form 4 was submitted by a single reporting person and signed by an attorney-in-fact.
Positive
- Officer acquisition disclosed: 1,882 common shares acquired under the Non-Qualified Deferred Compensation Plan
- Clear pricing information: Purchase prices reported between $17.68 and $23.66 per share
- Post-transaction ownership disclosed: Beneficial ownership reported as 157,437 common shares
Negative
- None.
Insights
TL;DR: Officer acquired 1,882 shares via deferred compensation, increasing reported beneficial ownership to 157,437 shares.
The transaction is a routine disclosure of an officer-level acquisition under the company's deferred compensation plan. The filing specifies share count and purchase price range of $17.68 to $23.66 per share and reports the post-transaction beneficial ownership figure. No derivative transactions or dispositions are reported. From a reporting and disclosure perspective, the Form 4 appears complete regarding the specific non-derivative purchase described.
TL;DR: Insider filing documents a standard plan-based acquisition by a senior officer; disclosure requirements satisfied in content provided.
The report identifies the reporting person as both an officer and a director and shows the acquisition was made through the Non-Qualified Deferred Compensation Plan during the quarter. The form includes the transaction date, the number of shares acquired, the resulting beneficial ownership, and the price range paid. The signature line indicates filing was executed by an attorney-in-fact on behalf of the reporting person.