LSI Industries (LYTS) director receives 853-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LSI Industries director Robert P. Beech reported an equity award of 853 common shares. The shares were granted as restricted stock units at a reference price of $26.39 per share and will vest one year from the grant date. After this compensation-related acquisition, Beech directly holds 102,994 common shares of LSI Industries.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Beech Robert P.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 853 | $26.39 | $23K |
Holdings After Transaction:
Common Shares — 102,994 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 853 shares
Grant reference price: $26.39 per share
Post-transaction holdings: 102,994 shares
+2 more
5 metrics
Equity award size
853 shares
Restricted stock unit grant to director on July 1, 2026
Grant reference price
$26.39 per share
Price per share used for the 853-share award
Post-transaction holdings
102,994 shares
Director’s direct common share holdings after the grant
Transaction code
Code A
Classified as grant, award, or other acquisition
Vesting period
One year
Restricted stock units vest one year from grant date
Key Terms
Restricted stock units, Grant, award, or other acquisition, Form 4, Common Shares
4 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: Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did LSI Industries (LYTS) director Robert P. Beech report?
Robert P. Beech reported receiving 853 LSI Industries common shares as an equity award. The Form 4 characterizes this as a grant or award acquisition, not an open-market purchase, reflecting routine director compensation rather than a discretionary stock buy.
What are the vesting terms of the LSI Industries (LYTS) director’s restricted stock units?
The restricted stock units reported by the LSI Industries director vest one year from the grant date. This means the director must remain eligible through that one-year period before the full benefit of the 853-share award is realized.
Was the LSI Industries (LYTS) director’s July 2026 transaction a market purchase or a compensation grant?
The July 2026 transaction was a compensation-related grant, not a market purchase. The Form 4 uses transaction code A, labeled as a grant, award, or other acquisition, consistent with restricted stock unit-based director compensation.