secwatch.observer — SEC 8-K summary
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Issuer:     LSI INDUSTRIES INC (LYTS)
CIK:        0000763532
Form:       8-K
Filed at:   2022-05-26T23:59:59+00:00
Accession:  0001437749-22-013665
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

LSI Industries SVP of Operations Michael Beck to retire effective July 1, 2022; advisory role through Dec 31
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- Michael C. Beck retires as SVP of Operations effective July 1, 2022; will serve in an advisory role through December 31, 2022.
- No replacement appointed; duties will be assigned among existing management team.
- Separation agreement: $159/hr for advisory, STIP incentive, and extension of 9,059 RSUs and 30,534 options.
- Beck had served as SVP of Operations since February 2019.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763532/000143774922013665/0001437749-22-013665-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763532/000143774922013665/lyts20220526_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-013665

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