secwatch.observer — SEC 8-K summary
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Issuer:     LSI INDUSTRIES INC (LYTS)
CIK:        0000763532
Form:       8-K
Filed at:   2026-08-25T20:45:48+00:00
Accession:  0001437749-26-028937
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

LSI Industries adopts FY2027 LTIP/STIP; CEO gets $2.5M LTIP + $3M retention
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- FY2027 LTIP grants RSUs and PSUs over 3-yr cycle (Jul 1, 2026–Jun 30, 2029); PSUs tied to Adjusted EBITDA (50%) and RONA (50%).
- CEO James Clark: LTIP target $2.5M (41,563 RSUs, 62,344 PSUs); $3M retention RSUs cliff vest on 3rd anniversary; salary raised to $900k eff. Sep 1, 2026.
- CFO James Galeese LTIP target $540k; EVP/GC Thomas Caneris LTIP target $440k; awards split as RSUs and PSUs.
- FY2027 STIP: cash bonuses based 80% Adjusted EBITDA, 20% Net Sales; bonus targets: CEO 100%, CFO 80%, EVP/GC 60% of base salary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763532/000143774926028937/0001437749-26-028937-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763532/000143774926028937/lyts20260821_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-028937

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