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AI brief of an SEC Form 8-K · Lindsay (LNN)

Lindsay CFO Brian Ketcham to retire December 31, 2025; company starts CFO search

Neutral Impact 4 of 5 leadership Written later

Lindsay Corporation said Chief Financial Officer Brian Ketcham intends to retire effective December 31, 2025, and the company has begun searching for a successor with an executive recruiting firm. Ketcham will then serve as a consultant through December 31, 2026, for $300,000 in cash plus COBRA premiums and continued vesting of equity awards, which matters to shareholders because it means a CFO transition is underway.

Key points

  • Ketcham's retirement from the Senior Vice President and CFO role is effective December 31, 2025.
  • Consulting Period runs from the Retirement Date through December 31, 2026, with $300,000 paid in four $75,000 installments.
  • Company will pay COBRA premiums for twelve months after the Retirement Date; unvested equity awards forfeit at the end of the Consulting Period.
  • CEO Randy Wood said Ketcham's leadership was critical in strengthening the company's global capabilities.

The filing

CompanyLindsay (LNN)
Form8-K, current report
Filed with the SECJul 23, 2025, 4:15 PM ET
Accession number0001193125-25-163424

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.