{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-024405","form_type":"8-K","ticker":"LYTS","cik":"0000763532","company_name":"LSI INDUSTRIES INC","filed_at":"2023-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.610646+00:00","generated_at":"2026-06-11T05:52:24.605420+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"LSI Industries adopts FY2024 LTIP and STIP for named executives with EBITDA and RONA targets","bullets":["CEO Clark gets RSUs of 47,022 and PSUs of 70,533; EVP & CFO Galeese gets 16,928 RSUs and 25,392 PSUs.","LTIP PSUs vest based 50% on cumulative Adjusted EBITDA and 50% on RONA over 3-year cycle ending June 2026.","STIP cash bonuses tied 80% to Adjusted EBITDA and 20% to Net Sales for FY2024; CEO target is 80% of salary.","Payout for both plans ranges from 0% at threshold to 200% for exceeding targets, with interpolation.","RSUs vest annually over 3 years; PSUs convert to time-based RSUs at target upon change in control."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-024405","json":"https://secwatch.observer/filing/0001437749-23-024405.json","markdown":"https://secwatch.observer/filing/0001437749-23-024405.md","text":"https://secwatch.observer/filing/0001437749-23-024405.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/763532/000143774923024405/0001437749-23-024405-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/763532/000143774923024405/lyts20230821_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T05:52:24.605420+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}