Was the LSI Industries (LYTS) insider transaction an open-market purchase or a share grant?

The transaction was a share grant , not an open-market purchase. Code A indicates a grant or award, and the shares were recorded at $0.00 per share under the Non-Qualified Deferred Compensation Plan rather than acquired for cash in the market.

LSI Industries (LYTS) CFO receives 2,463-share deferred compensation award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Galeese James E reported acquisition or exercise transactions in this Form 4 filing.

LSI Industries Executive VP and CFO James E. Galeese received an award of 2,463 Common Shares on June 30, 2026. The grant was made through the company’s Non-Qualified Deferred Compensation Plan and recorded at $0.00 per share, bringing one direct holding account to 79,412 shares. A separate holding line in the filing shows 173,288 Common Shares held directly.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Galeese James E

Role Executive VP; CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	2,463	$0.00	--
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 79,412 shares (Direct, null)

Footnotes (1)

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Key Figures

Share grant size: 2,463 shares Grant price per share: $0.00/share Deferred plan price range: $18.51–$26.56/share +2 more

5 metrics

Share grant size 2,463 shares Common Shares awarded to CFO James E. Galeese on June 30, 2026

Grant price per share $0.00/share Recorded value for 2,463-share award under compensation plan

Deferred plan price range $18.51–$26.56/share Plan acquisition prices during quarters ended March 31 and June 30, 2026

Direct holding account 79,412 shares Total Common Shares following the reported grant in one account

Additional direct holdings 173,288 shares Separate holding line of Common Shares reported as directly owned

Key Terms

Non-Qualified Deferred Compensation Plan, Grant, award, or other acquisition, Common Shares, Form 4

4 terms

Non-Qualified Deferred Compensation Plan financial

"Common shares acquired in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan during the quarters ended March 31, 2026..."

An arrangement where an employer agrees to pay part of an employee’s salary or bonus at a later date, often to attract or keep key staff. Think of it as a company IOU or a delayed paycheck held on the company’s books rather than in a protected retirement account; investors care because these promises create future cash obligations that are typically unsecured and depend on the company’s financial health, affecting risk, liabilities, and cash-flow planning.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Common Shares financial

"security_title": "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.

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 02:53 PM Accepted by SEC EDGAR 07/01/2026 - 02:52 PM

SEC Form 4

FORM 4

UNITED 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^*

Galeese James E

(Last)

(First)

(Middle)

LSI INDUSTRIES INC.

10000 ALLIANCE RD

(Street)

CINCINNATI

OHIO

45202

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive VP; CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares⁽¹⁾	06/30/2026		A	V	2,463	A	⁽¹⁾	79,412	D
Common Shares								173,288	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Common shares acquired in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan during the quarters ended March 31, 2026 and June 30, 2026 at prices ranging from $18.51 to $26.56 per share.

	/s/ F. Mark Reuter as Attorney-in-Fact for James E. Galeese	07/01/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did LSI Industries (LYTS) report for James E. Galeese?

LSI Industries reported that Executive VP and CFO James E. Galeese received an award of 2,463 Common Shares. The shares were granted as part of compensation, not bought in the open market, and were credited through a company deferred compensation plan.

How many LSI Industries (LYTS) shares does James E. Galeese hold after this Form 4 filing?

After this filing, one direct holding line for James E. Galeese shows 79,412 Common Shares. Another holding entry in the same report lists 173,288 Common Shares held directly, indicating multiple direct accounts or categories of ownership reported in the filing.

At what prices were LSI Industries (LYTS) shares acquired in the deferred compensation plan?

The footnote states that common shares were acquired in the Non-Qualified Deferred Compensation Plan during quarters ended March 31 and June 30, 2026 at prices ranging from $18.51 to $26.56 per share, reflecting the market values used for plan allocations.

What is the significance of transaction code A in the LSI Industries (LYTS) Form 4?

Transaction code A on the Form 4 indicates a grant, award, or other acquisition of shares. For LSI Industries, it shows that CFO James E. Galeese received 2,463 Common Shares as part of compensation, rather than buying or selling shares in open-market trading.