STOCK TITAN

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.

(Moderate)
(Negative)
Form Type
4

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.

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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)
  1. F1. Common Shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
  2. F2. Disposition of shares for payment of taxes upon vesting of restricted stock units and performance share units.
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
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.
performance share units financial
"payment of taxes upon vesting of restricted stock units and performance"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.

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.

How many LYTS shares did James E. Galeese sell on August 25, 2026?

On August 25, 2026, James E. Galeese sold 8,269 Common Shares of LYTS at a price of $20.09 per share, according to the Form 4 filing.

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.

What is the total number of LYTS shares disposed of in this Form 4?

Across the reported transactions, the Form 4 shows that James E. Galeese disposed of 16,410 Common Shares of LYTS Common Shares in aggregate.

Why were James E. Galeese’s LYTS share dispositions made?

The filing states that the dispositions were for payment of taxes upon the vesting of restricted stock units and performance share units, indicating they were tax-related transactions rather than ordinary discretionary sales.

Does James E. Galeese hold LYTS shares through a deferred compensation plan?

Yes. A footnote explains that additional Common Shares are held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan, although this Form 4 does not list a specific share count for that holding.

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Learn about SEC filing dates
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*
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive VP; CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/24/2026
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)79,926D
Common Shares(2)08/24/2026S8,141D$19.78199,009D
Common Shares(2)08/25/2026S8,269D$20.09190,740D
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. Common Shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
2. Disposition of shares for payment of taxes upon vesting of restricted stock units and performance share units.
/s/ F. Mark Reuter as Attorney-in-Fact for James E. Galeese08/26/2026
** 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)