secwatch.observer — SEC 8-K summary
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Issuer:     LINDSAY CORP (LNN)
CIK:        0000836157
Form:       8-K
Filed at:   2025-10-24T23:59:59+00:00
Accession:  0001193125-25-249322
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lindsay Corp CFO retiring; FY2026 incentive plan adopted with new CFO as participant
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- CFO Brian Ketcham retiring at end of 2025; Sam Hinrichsen to succeed as SVP & CFO starting Nov 3, 2025.
- FY2026 MIP sets target bonus at 40%-100% of base salary for senior officers; payout range 0%-200%.
- Bonus 80% weighted on company financial metrics (revenue, operating margin, free cash flow) and 20% on individual goals.
- Ketcham excluded from plan due to retirement; Hinrichsen included as participant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836157/000119312525249322/0001193125-25-249322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836157/000119312525249322/lnn-20251022.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-249322

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