LSI INDUSTRIES INC (LYTS) SEC Filings, Jul-Aug 2026

LSI INDUSTRIES INC (LYTS) reported equity awards and vesting activity for CEO and President James Anthony Clark. He received an award of 41,563 restricted stock units (RSUs) under the 2019 Omnibus Award Plan and FY27 Long Term Incentive Plan, vesting in equal annual installments over three years.

Clark also acquired 69,122 Common Shares through vesting of performance share units granted in August 2023 and a further award of 124,689 RSUs that cliff vest on the third anniversary of grant, with one-third potentially vesting earlier if a five-year strategic plan is approved.

LSI INDUSTRIES INC (LYTS) reported that executive officer Thomas A. Caneris, EVP, HR and General Counsel, acquired Common Shares on August 19, 2026 through equity compensation. He received an award of 7,316 restricted stock units (RSUs) under the 2019 Omnibus Award Plan and FY27 Long Term Incentive Plan, vesting in equal annual installments over three years, and 15,207 shares upon vesting of performance share units granted in August 2023. He also holds Common Shares in the company’s Non-Qualified Deferred Compensation Plan.

LSI Industries Inc. (LYTS) reported strong top-line growth for fiscal 2026 and its fourth quarter, driven by both organic gains and the March 24, 2026 acquisition of Royston Group. Fourth-quarter net sales were $234.6 million, up 51% year over year; excluding Royston, organic net sales rose 8%. Display Solutions net sales doubled, while Lighting segment sales declined 3% versus the prior-year quarter.

Fourth-quarter net income was $6.9 million or $0.18 diluted EPS, below last year’s $0.26, reflecting acquisition-related costs. On a non-GAAP basis, adjusted net income was $14.4 million or $0.38 per diluted share, up 37%, and adjusted EBITDA was $25.7 million, up 50%. For the full year, net sales were $689.4 million, up 20%, with Lighting up 7% and Display Solutions up 30%. Adjusted EPS increased to $1.25 from $1.07, and adjusted EBITDA rose 27% to $69.7 million with a 10.1% margin.

LSI generated free cash flow of $39.0 million in fiscal 2026 and ended June 30, 2026 with total assets of $829.9 million, shareholders’ equity of $360.7 million, and long-term debt of $245.9 million, resulting in net debt to trailing adjusted EBITDA of 2.71x. The board declared a quarterly cash dividend of $0.05 per share (annualized $0.20), payable September 8, 2026 to shareholders of record on August 31, 2026.

LSI Industries Inc. (LYTS) announced that Executive Vice President and Chief Financial Officer James E. Galeese plans to retire effective August 31, 2027, after more than a decade with the company. The company states that his retirement is not due to any disagreement regarding operations, policies, or practices.

Galeese will remain CFO for about one year following the August 19, 2026 notice, providing an extended transition period while LSI conducts a formal search for his successor, considering internal and external candidates. LSI highlights that, since becoming CFO in 2017, Galeese helped lead the deployment of more than $500 million across four strategic acquisitions. The company, which employs approximately 3,000 people at 23 manufacturing plants in the U.S. and Canada, expects Galeese to continue supporting LSI on an advisory basis after his tenure as CFO.

Systematic Financial Management, represented by Managing Director, Compliance Michele Egeberg, reports beneficial ownership of LSI Industries Inc. common stock. The firm beneficially owns 2,378,909 shares, representing 6.68% of the outstanding common stock as of June 30, 2026.

Systematic Financial Management has sole voting power over 1,367,919 shares and sole dispositive power over all 2,378,909 shares, with no shared voting or dispositive power reported.

BlackRock, Inc. filed Amendment No. 2 to a Schedule 13G/A reporting beneficial ownership of 2,568,025 shares of LSI Industries Inc. common stock, representing 7.0% of the class as of June 30, 2026. These shares are held through certain business units of BlackRock and its subsidiaries.

BlackRock reports sole voting power over 2,514,678 shares and sole dispositive power over 2,568,025 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of LSI Industries’ outstanding common shares.

ROYCE & ASSOCIATES, through Royce & Associates, LP, reports beneficial ownership of common stock of LSI Industries Inc. as an institutional investor filing on a passive basis. The position represents 1,836,591 shares of common stock, equal to 5.00% of the class.

The firm has sole voting power and sole dispositive power over all 1,836,591 shares, with no shared voting or dispositive power reported. The securities are held in investment management accounts of clients, and Royce & Associates states they are held in the ordinary course of business and not for the purpose of changing or influencing control of LSI Industries. The firm and its affiliates use informational barriers and treat voting and investment decisions as exercised independently; Royce & Associates also disclaims any pecuniary interest and beneficial ownership beyond what is deemed under Rule 13d‑3.

BROWN RONALD D reported acquisition or exercise transactions in this Form 4 filing.

LSI Industries director Ronald D. Brown received an equity grant of 3,410 common shares on July 1, 2026 at $26.39 per share, increasing his direct holdings to 77,773 shares. Restricted stock units vest one year from grant, and this amendment corrects an earlier report that showed only 853 shares.

LSI Industries director Ernest W. Marshall Jr. reported three equity compensation awards of common shares. On January 2, 2026 he received 1,218 shares at $18.47, on April 1 1,200 shares at $18.75, and on July 1 3,410 shares at $26.39, all under the Non-Employee Director Deferred Compensation Program. After the July award he directly holds 25,188 shares. The amendment states that the July 1 acquisition was previously reported as 853 shares and is now corrected.