Form 4: LSI Industries Director Ronald D. Brown Acquires Additional Shares
SEC Form 4 Filing
Director Ronald D. Brown of LSI Industries Inc. reports the acquisition of 1,162 common shares at $16.13 per share on October 2, 2024.
Summary
- On October 2, 2024, Ronald D. Brown, a director of LSI Industries Inc., acquired 1,162 common shares of the company.
- The shares were purchased at a price of $16.13 per share.
- Following this transaction, Brown's direct ownership in LSI Industries Inc. amounts to 67,644 common shares.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding the trading activities of those with privileged information.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of transaction: Ronald D. Brown acquired 1,162 common shares. |
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