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

Lindsay Corp CFO Brian Ketcham retiring; Sam Hinrichsen to succeed him as CFO

Neutral Impact 4 of 5 leadership Written later

Lindsay Corporation disclosed that Chief Financial Officer Brian Ketcham is retiring at the end of the calendar year, and that Sam Hinrichsen will start as Senior Vice President on November 3, 2025 and succeed him as CFO upon his retirement. The filing also reports that the Committee adopted the fiscal 2026 Management Incentive Plan, which sets bonus targets and ties awards largely to company financial goals.

Key points

  • Brian Ketcham, Senior Vice President and CFO, is retiring at the end of the calendar year and is not a 2026 MIP participant.
  • Sam Hinrichsen joins as Senior Vice President on November 3, 2025 and will succeed Ketcham as CFO upon his retirement.
  • 2026 MIP covers fiscal year ending August 31, 2026; awards range from 0% to 200% of target bonus, weighted 80% company financial performance and 20% individual performance.
  • Financial performance goals are fiscal 2026 revenue, operating margin percentage, and free cash flow, keyed to the fiscal 2026 operating budget.

The filing

CompanyLindsay (LNN)
Form8-K, current report
Filed with the SECOct 24, 2025, 6:45 AM ET
Accession number0001193125-25-249322

Items reported: 5.02 Director / Officer Change

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 October 24, 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.