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LSI Industries (LYTS) director receives 853-share equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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"."
Common Shares financial
"The security title reported for this transaction is Common Shares."
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
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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.

How many LSI Industries (LYTS) shares does Ronald D. Brown hold after the grant?

After the reported grant, Ronald D. Brown directly holds 75,216 Common Shares of LSI Industries. This total includes the newly awarded 853 shares and provides context for the overall size of his reported ownership position in the company.

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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BROWN RONALD D

(Last)(First)(Middle)
C/O LSI INDUSTRIES INC.
10000 ALLIANCE RD

(Street)
CINCINNATI OHIO 45242

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LSI INDUSTRIES INC [ LYTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares(1)07/01/2026A853A$26.3975,216D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock units vest one year from grant date.
/s/ F. M. Reuter as Attorney-in-Fact for Ronald D. Brown07/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)