---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-013786"
form_type: "8-K"
ticker: "LYTS"
cik: "0000763532"
company_name: "LSI INDUSTRIES INC"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:02:44.050582+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# LSI Industries grants 25,000 stock options to new SVP as inducement for employment

## Summary
- Mark Duato granted options to purchase 25,000 shares at $15.01 per share, 10-year term.
- Options vest fully on third anniversary of grant (April 29, 2024).
- Grant approved by Compensation Committee as inducement per NASDAQ Rule 5635(c)(4).
- Duato appointed Senior Vice President of Security Solutions effective April 29, 2024.

## SEC filing metadata
- accession: 0001437749-24-013786
- form_type: 8-K
- ticker: LYTS
- cik: 0000763532
- company_name: LSI INDUSTRIES INC
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763532/000143774924013786/0001437749-24-013786-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763532/000143774924013786/lyts20240424c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-013786
- JSON: https://secwatch.observer/filing/0001437749-24-013786.json
- Plain text: https://secwatch.observer/filing/0001437749-24-013786.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.