Form 4: LCI Industries Director Stephanie K. Mains Reports Transaction in Company Stock

Sentiment:

SEC Form 4 Filing


Stephanie K. Mains, a director of LCI Industries, reported a transaction involving the disposition of 4,080 shares of common stock and the acquisition of deferred and restricted stock units.

Summary

  • On September 30, 2024, Stephanie K. Mains, a director of LCI Industries, reported a transaction.
  • The transaction involved the disposition of 4,080 shares of common stock.
  • Mains also acquired 239 deferred stock units (DSUs) and 1,380 restricted stock units.
  • The DSUs were earned from quarterly director fees and will vest upon the conclusion of Mains' board service.
  • The restricted stock units will vest in full on the earlier of May 16, 2025, or the date of the next year's annual meeting of stockholders.
  • The price of the deferred stock unit is $120.54.
  • Mains also received additional stock units as a result of regular cash dividends paid on September 13, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of stock transactions by a company director.

Future Outlook

The deferred stock units will vest upon the conclusion of the director's board service, and the restricted stock units will vest on the earlier of May 16, 2025, or the date of the next year's annual meeting of stockholders.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates

DateDescription
09/13/2024Regular cash dividends paid to holders of registrant's common stock on the related reported record date(s).
09/30/2024Date of transaction: disposition of common stock and acquisition of deferred stock units.
10/01/2024Date of signature for the Form 4 filing.
05/16/2025Restricted stock units will vest in full on the earlier of this date or the date of the next year's annual meeting of stockholders.

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