LSI Industries Inc. CEO Employment Agreement Update
Ticker: LYTS · Form: 8-K · Filed: Aug 19, 2024 · CIK: 763532
| Field | Detail |
|---|---|
| Company | Lsi Industries Inc (LYTS) |
| Form Type | 8-K |
| Filed Date | Aug 19, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 8 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, employment-agreement
Related Tickers: LYTS
TL;DR
LSI inked a new deal with CEO James Neder, locking in his pay and terms.
AI Summary
LSI Industries Inc. announced on August 15, 2024, a change in its executive compensation arrangements. Specifically, the company entered into a new employment agreement with its President and CEO, James A. Neder, effective August 15, 2024. The agreement outlines his compensation and other terms of employment.
Why It Matters
This filing details the compensation structure for the company's top executive, providing insight into the company's commitment to retaining its leadership and the financial terms associated with that leadership.
Risk Assessment
Risk Level: low — The filing primarily concerns executive compensation and employment agreements, which typically carry a low direct risk to the company's overall operations.
Key Players & Entities
- LSI Industries Inc. (company) — Registrant
- James A. Neder (person) — President and CEO
- August 15, 2024 (date) — Effective date of employment agreement
FAQ
What is the effective date of the new employment agreement for James A. Neder?
The new employment agreement for James A. Neder is effective August 15, 2024.
Who is the President and CEO of LSI Industries Inc. mentioned in the filing?
James A. Neder is the President and CEO of LSI Industries Inc.
What type of filing is this for LSI Industries Inc.?
This is a Form 8-K filing, reporting a current event.
What is the principal executive office address for LSI Industries Inc.?
The principal executive offices are located at 10000 Alliance Road, Cincinnati, Ohio 45242.
What is the fiscal year end for LSI Industries Inc.?
The fiscal year end for LSI Industries Inc. is June 30.
Filing Stats: 2,002 words · 8 min read · ~7 pages · Grade level 14.2 · Accepted 2024-08-19 16:12:59
Filing Documents
- lyts20240819_8k.htm (8-K) — 70KB
- lsi01.jpg (GRAPHIC) — 10KB
- 0001437749-24-027206.txt ( ) — 230KB
- lyts-20240815.xsd (EX-101.SCH) — 3KB
- lyts-20240815_def.xml (EX-101.DEF) — 11KB
- lyts-20240815_lab.xml (EX-101.LAB) — 15KB
- lyts-20240815_pre.xml (EX-101.PRE) — 11KB
- lyts20240819_8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LSI INDUSTRIES INC. BY: /s/ Thomas A. Caneris Thomas A. Caneris Executive Vice President, Human Resources & General Counsel Dated: August 19, 2024