4/A: LSI Industries Director Adjusts Share Holdings After Gift
SEC Form 4/A Filing
A director of LSI Industries, Wilfred T. O'Gara, amended a previous filing to reflect a gift of 3,000 shares, adjusting his total holdings.
Summary
- Wilfred T. O'Gara, a director at LSI Industries, filed an amendment to a previous report regarding his shareholdings.
- The amendment was made to correct a previous filing and reflect a gift of 3,000 shares that was not accurately reported.
- On January 2, 2025, O'Gara acquired 968 common shares at a price of $19.37 per share.
- Following the reported transaction and the adjustment for the gift, O'Gara's total holdings are 113,552 common shares.
Sentiment
Score: 7
Explanation: The document is a routine filing to correct a previous error, which is neither positive nor negative. The sentiment is neutral to slightly positive as it shows transparency.
Industry Context
This is a standard SEC Form 4/A filing, which is common for company insiders reporting changes in their beneficial ownership of company stock. It is a routine disclosure and does not indicate any unusual activity.
Comparison to Industry Standards
- This type of filing is standard practice for directors and officers of publicly traded companies in the US.
- The reporting requirements are set by the SEC and are consistent across all companies.
- The transaction is a relatively small number of shares compared to the overall market capitalization of LSI Industries, and is not unusual for a director.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the shareholdings of a company director.
- The impact on other stakeholders is minimal as this is a routine disclosure.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the share acquisition by Wilfred T. O'Gara. |
| 01/03/2025 | Date of the original filing that was amended. |
| 01/06/2025 | Date of the amended filing. |
Keywords
LSI Industries, share holdings, beneficial ownership, director, amendment, stock transaction, insider trading
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