LSI Industries (LYTS) director adds 1,455 restricted stock units
Rhea-AI Filing Summary
LSI INDUSTRIES INC (LYTS) director Chantel E. Lenard reported acquiring 1,455 Common Shares-equivalent restricted stock units on 2026-08-19 at a reference value of $24.06 per share. These restricted stock units were elected to be deferred under the company’s NEDDCP, bringing her directly held total to 44,064 shares, with this figure adjusted to include 8 shares from dividend reinvestment. The filing indicates the transaction was an acquisition rather than a sale and was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,455 shares
Net Buy
1 txn
Insider
Lenard Chantel E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| non-derivative | Common Shares F1 | 1,455 | $24.06 | $35K |
Holdings After Transaction:
Common Shares — 44,064 shares (Direct)
Footnotes (1)
- F1. Restricted stock units reporting person elected to defer under NEDDCP. Column 5 adjusted for dividend reinvestment of 8 shares.
Key Figures
Restricted stock units acquired: 1,455 units
Transaction price per share: $24.06 per share
Shares following transaction: 44,064 shares
+2 more
5 metrics
Restricted stock units acquired
1,455 units
Restricted stock units elected to be deferred under NEDDCP on 2026-08-19
Transaction price per share
$24.06 per share
Per-share value reported for the 1,455 restricted stock units
Shares following transaction
44,064 shares
Directly held LYTS Common Shares after the reported acquisition
Dividend reinvestment shares
8 shares
Adjustment to holdings column for dividend reinvestment
Transaction date
2026-08-19
Date of the reported acquisition transaction
Key Terms
Restricted stock units, NEDDCP, dividend reinvestment
3 terms
Restricted stock units financial
"Restricted stock units reporting person elected to defer under NEDDCP."
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.
NEDDCP financial
"Restricted stock units reporting person elected to defer under NEDDCP."
dividend reinvestment financial
"Column 5 adjusted for dividend reinvestment of 8 shares."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
FAQ
What insider transaction did LYTS director Chantel E. Lenard report?
Chantel E. Lenard reported acquiring 1,455 restricted stock units tied to LYTS Common Shares on 2026-08-19, at a reference value of $24.06 per share, elected to be deferred under the company’s NEDDCP.
Was the LYTS Form 4 transaction by Chantel E. Lenard a purchase or a sale?
The transaction is reported as an acquisition of 1,455 Common Shares-equivalent restricted stock units, based on the acquired/disposed code indicating an acquisition rather than a sale.
Were Chantel E. Lenard’s LYTS transactions under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not selected, so the reported acquisition of 1,455 restricted stock units was not affirmed as being made under a Rule 10b5-1 trading plan.
How were dividends treated in Chantel E. Lenard’s LYTS Form 4 holdings disclosure?
The holdings column is described as adjusted for dividend reinvestment of 8 shares, meaning her total of 44,064 directly held LYTS shares includes these reinvested dividend shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.