secwatch.observer — SEC 8-K summary
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Issuer:     LSI INDUSTRIES INC (LYTS)
CIK:        0000763532
Form:       8-K
Filed at:   2025-08-26T23:59:59+00:00
Accession:  0001437749-25-027778
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

LSI Industries adopts FY2026 LTIP and STIP with EBITDA/RONA performance metrics
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763532/000143774925027778/0001437749-25-027778-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763532/000143774925027778/lyts20250821_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-027778

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer