---
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"
generated_at: "2026-05-31T08:45:23.873591+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# LSI Industries adopts FY2025 LTIP and STIP; CEO Clark gets $1.5M target awards

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-027206
- JSON: https://secwatch.observer/filing/0001437749-24-027206.json
- Plain text: https://secwatch.observer/filing/0001437749-24-027206.txt

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