LSI Industries (LYTS) director receives 853-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BROWN RONALD D reported acquisition or exercise transactions in this Form 4 filing.
LSI Industries director Ronald D. Brown reported an equity award of 853 Common Shares on July 1, 2026, recorded at $26.39 per share. This was a grant or award, not an open-market purchase, and increased his direct holdings to 75,216 shares.
A footnote states that the related restricted stock units vest one year from the grant date, meaning Brown must remain eligible through that period before the award fully settles.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BROWN RONALD D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 853 | $26.39 | $23K |
Holdings After Transaction:
Common Shares — 75,216 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 853 shares
Recorded share price: $26.39 per share
Post-transaction holdings: 75,216 shares
3 metrics
Equity award size
853 shares
Grant, award, or other acquisition on July 1, 2026
Recorded share price
$26.39 per share
Transaction price per share for the awarded Common Shares
Post-transaction holdings
75,216 shares
Total Common Shares directly owned after the award
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 financial
"transaction code description is "Grant, award, or other acquisition"."
FAQ
What did LSI Industries (LYTS) director Ronald D. Brown report on this Form 4?
Ronald D. Brown reported receiving an award of 853 Common Shares of LSI Industries. The filing classifies this as a grant or other acquisition, reflecting equity-based compensation rather than an open-market stock purchase by the director.
Was Ronald D. Brown’s LSI Industries (LYTS) transaction a purchase or an award?
The transaction was an equity award, not an open-market purchase. The Form 4 uses transaction code A with the description “Grant, award, or other acquisition,” indicating compensation-related stock rather than shares bought on the open market.
What are the vesting terms for Ronald D. Brown’s new LSI Industries (LYTS) units?
A footnote explains that the restricted stock units vest one year from the grant date. This means Brown must remain eligible over that one-year period before the units fully convert into unrestricted shares available to him.
At what price was Ronald D. Brown’s LSI Industries (LYTS) award recorded?
The 853-share award was recorded at a price of $26.39 per share. This price is shown in the Form 4 as the transaction price per share for the Common Shares received in the compensation-related grant.