Form 4: LCI Industries EVP, CFO Lillian Etzkorn Reports Stock Unit Transactions

Lillian Etzkorn, EVP and CFO of LCI Industries, reports the acquisition and disposal of common stock and stock units related to dividend equivalents and vesting schedules.

Summary

• Lillian Etzkorn, the EVP and CFO of LCI Industries, filed a Form 4 detailing changes in beneficial ownership.
• On April 17, 2024, Etzkorn acquired 1,037 shares of common stock at $103.50 per share.
• Also on April 17, 2024, Etzkorn disposed of 300 shares of common stock.
• The transactions involved the vesting of restricted stock units and performance stock units.
• Etzkorn also received additional stock units as a result of regular cash dividends paid on March 22, 2024, to holders of LCI Industries common stock.
• The restricted stock units vest ratably each year on the first through third anniversaries of the grant date.
• The grant dates for the restricted stock units are April 17, 2023, and March 1, 2024.
• The performance stock units have grant dates of March 1, 2026 and March 1, 2027.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by a company executive, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.

Key Dates