{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-027206","form_type":"8-K","ticker":"LYTS","cik":"0000763532","company_name":"LSI INDUSTRIES INC","filed_at":"2024-08-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.801292+00:00","generated_at":"2026-05-31T08:45:23.873591+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"LSI Industries adopts FY2025 LTIP and STIP; CEO Clark gets $1.5M target awards","bullets":["LTIP grants: CEO Clark $1.5M target (40,214 RSUs, 60,322 PSUs); EVP/CFO Galeese $540k (14,477 RSUs, 21,716 PSUs).","STIP bonus targets: CEO Clark 80% of base salary; Galeese and Caneris 50%.","PSU performance based 50% on 3-year cumulative Adj. EBITDA and 50% on RONA; payout 0-200% of target.","STIP performance: 80% Adj. EBITDA, 20% Net Sales for FY2025; same 0-200% payout interpolation.","Awards require continuous employment; CIC triggers accelerated vesting for RSUs and conversion of PSUs to time-based RSUs."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-027206","json":"https://secwatch.observer/filing/0001437749-24-027206.json","markdown":"https://secwatch.observer/filing/0001437749-24-027206.md","text":"https://secwatch.observer/filing/0001437749-24-027206.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/763532/000143774924027206/0001437749-24-027206-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/763532/000143774924027206/lyts20240819_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T08:45:23.873591+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"}