{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-027778","form_type":"8-K","ticker":"LYTS","cik":"0000763532","company_name":"LSI INDUSTRIES INC","filed_at":"2025-08-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.298478+00:00","generated_at":"2026-05-17T10:06:26.117991+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"LSI Industries adopts FY2026 LTIP and STIP with EBITDA/RONA performance metrics","bullets":["CEO James Clark LTIP target $1.5M: 31,088 RSUs + 46,632 PSUs; performance based on 3-year cumulative Adjusted EBITDA and RONA.","STIP bonus targets: CEO 80% of base salary; EVP & CFO and EVP HR both 50%; based on FY2026 Adjusted EBITDA (80%) and Net Sales (20%).","PSU payout for EBITDA: <85% target = 0%; 100% = 100%; >110% = 200%. RONA: <68.4% = 0%; >106% = 200%; interpolated.","RSUs vest annually over 3 years; PSUs vest after 3-year performance cycle if targets met; change-in-control provisions accelerate vesting."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-027778","json":"https://secwatch.observer/filing/0001437749-25-027778.json","markdown":"https://secwatch.observer/filing/0001437749-25-027778.md","text":"https://secwatch.observer/filing/0001437749-25-027778.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/763532/000143774925027778/0001437749-25-027778-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/763532/000143774925027778/lyts20250821_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:06:26.117991+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"}