LSI CFO sells 16,410 shares to cover award taxes
LSI INDUSTRIES INC (LYTS) reported that its Executive VP and CFO, James E. Galeese, sold a total of 16,410 Common Shares in late August 2026.
Rhea-AI Filing Summary
LSI INDUSTRIES INC (LYTS) reported that its Executive VP and CFO, James E. Galeese, sold a total of 16,410 Common Shares in late August 2026. These included 8,269 shares at $20.09 on August 25 and 8,141 shares at $19.78 on August 24, with the filing stating the dispositions were for payment of taxes upon vesting of restricted stock units and performance share units. The filing also notes additional Common Shares held in a company Non-Qualified Deferred Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,410 shares
Net Sell
3 txns
Insider
Galeese James E
Role
Executive VP; CFO
Sold
16,410 shs ($327K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F2 | 8,269 | $20.09 | $166K |
| Sale | Common Shares F2 | 8,141 | $19.78 | $161K |
| holding | Common Shares F1 | -- | -- | -- |
Holdings After Transaction:
Common Shares — 270,666 shares (Direct)
Footnotes (2)
- F1. Common Shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
- F2. Disposition of shares for payment of taxes upon vesting of restricted stock units and performance share units.
Key Figures
Shares sold on 2026-08-25: 8,269 Common Shares at $20.09 per share
Shares sold on 2026-08-24: 8,141 Common Shares at $19.78 per share
Total shares disposed: 16,410 Common Shares
3 metrics
Shares sold on 2026-08-25
8,269 Common Shares at $20.09 per share
Non-derivative sale by Executive VP; CFO James E. Galeese
Shares sold on 2026-08-24
8,141 Common Shares at $19.78 per share
Non-derivative sale by Executive VP; CFO James E. Galeese
Total shares disposed
16,410 Common Shares
Aggregate sell transactions reported in this Form 4
Key Terms
Non-Qualified Deferred Compensation Plan, restricted stock units, performance share units
3 terms
Non-Qualified Deferred Compensation Plan financial
"Common Shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan"
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.
restricted stock units financial
"payment of taxes upon vesting of restricted stock units and performance"
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.
FAQ
What insider transactions did LYTS report for Executive VP and CFO James E. Galeese?
LYTS reported that Executive VP and CFO James E. Galeese disposed of 16,410 Common Shares in total, related to tax payments upon vesting of restricted stock units and performance share units, through two transactions on August 24 and 25, 2026.
What LYTS insider sale occurred on August 24, 2026?
On August 24, 2026, James E. Galeese sold 8,141 Common Shares of LYTS at a price of $19.78 per share, as disclosed in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.