AI brief of an SEC Form 8-K · LSI INDUSTRIES INC (LYTS)

LSI Industries adopts FY2027 incentive plans and raises CEO base salary to $900,000

Neutral Impact 3 of 5 shareholder Written later

LSI Industries' Compensation Committee adopted a FY2027 long-term incentive plan and a FY2027 short-term incentive plan on August 19, 2026. It also granted CEO James Clark a $3,000,000 retention award and raised his base salary to $900,000, effective September 1, 2026. The awards tie executive pay to Adjusted EBITDA, Net Sales and return on net assets over fiscal 2027 through 2029.

Key points

  • CEO James Clark's FY2027 LTIP target is $2,500,000, with 41,563 RSUs and 62,344 PSUs granted
  • Clark's $3,000,000 retention RSU award cliff vests on the third anniversary of the grant date, with an early vesting option if the Board approves a five-year strategic plan before the first anniversary
  • Clark's annual base salary increases to $900,000 effective September 1, 2026, and his STIP bonus target is 100% of base salary

The filing

CompanyLSI INDUSTRIES INC (LYTS)
Form8-K, current report
Filed with the SECAug 25, 2026, 4:45 PM ET
Accession number0001437749-26-028937

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 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 August 25, 2026.

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.