LSI CFO sells 4,778 shares to cover award taxes
LSI INDUSTRIES INC (LYTS) Executive VP and CFO James E. Galeese reported a sale of 4,778 Common Shares on 2026-08-26 at $20.28 per share.
Rhea-AI Filing Summary
LSI INDUSTRIES INC (LYTS) Executive VP and CFO James E. Galeese reported a sale of 4,778 Common Shares on 2026-08-26 at $20.28 per share. According to a footnote, these shares were disposed of to pay taxes upon the vesting of restricted stock units and performance share units. A separate entry notes Common Shares held in the company’s Non-Qualified Deferred Compensation Plan, with no share amount stated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,778 shares
Net Sell
2 txns
Insider
Galeese James E
Role
Executive VP; CFO
Sold
4,778 shs ($97K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F2 | 4,778 | $20.28 | $97K |
| holding | Common Shares F1 | -- | -- | -- |
Holdings After Transaction:
Common Shares — 265,888 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 disposed: 4,778 Common Shares
Transaction price per share: $20.28 per share
Net buy/sell shares: -4,778 shares
3 metrics
Shares disposed
4,778 Common Shares
Shares disposed by James E. Galeese on 2026-08-26
Transaction price per share
$20.28 per share
Price for 4,778 Common Shares disposed on 2026-08-26
Net buy/sell shares
-4,778 shares
Net share change across reported transactions 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 share"
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 transaction did LYTS Executive VP and CFO James E. Galeese report?
James E. Galeese reported disposing of 4,778 Common Shares of LSI INDUSTRIES INC on 2026-08-26 at $20.28 per share. A footnote states the shares were used to pay taxes upon vesting of restricted stock units and performance share units.
AI-generated analysis. How Rhea-AI works. Not financial advice.