secwatch.observer — SEC 8-K summary
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Issuer:     LINDSAY CORP (LNN)
CIK:        0000836157
Form:       8-K
Filed at:   2022-10-24T23:59:59+00:00
Accession:  0000950170-22-019870
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lindsay Corp adopts FY2023 MIP with target bonuses of 40%-100% of salary
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- 2023 MIP target bonus ranges from 40% to 100% of base salary for senior officers.
- Awards range from 0% to 200% of target; 80% based on financial goals, 20% on individual performance.
- Financial metrics are revenue, operating margin percentage, and free cash flow tied to FY2023 budget.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836157/000095017022019870/0000950170-22-019870-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836157/000095017022019870/lnn-20221018.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-019870

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer