LSI Industries (LYTS) general counsel Caneris sold 109,226 shares for $2.65M at $24.29
Insider transactions reported
Thomas A Caneris (EVP, HR and General Counsel at LSI Industries Inc., LYTS) reported that they sold 109,226 shares for $2.65M at $24.29, and acquired 60,000 shares at $4.04 on May 28, 2026. After these transactions the filing shows 64,790 shares held directly.
- Reporting person
- Caneris Thomas A
- Role
- EVP, HR and General Counsel
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| May 28, 2026 | Exercise or conversion of a derivative (M) | Common Shares | +60,000 | $4.04 | $242K | 174,016 direct |
| May 28, 2026 | Open-market sale (S) | Common Shares1 | -109,226 | avg $24.29 | $2.65M | 64,790 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| May 28, 2026 | Exercise or conversion of a derivative (M) | Option to BuyOn 60,000 Common Shares2, 3 | -60,000 | - | - | 40,000 direct |
Holdings before and after
- Common Shares: 114,016 to 64,790 direct
- Option to Buy: 100,000 to 40,000 direct
Footnotes from the filing
- 1. The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $24.02 to $24.42. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request.
- 2. These holdings have been previously reported on Form 4.
- 3. Non-qualified stock option granted pursuant to the Employment Offer Letter dated June 13, 2019 between the Reporting Person and the Issuer as an inducement award aside the Issuer's 2012 Stock Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The option vests as follows: 100,000 shares on August 5, 2022. The vesting of the option is subject to the Reporting Person's continued employment with the Issuer as SVP, HR and General Counsel on August 5, 2022.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
FAQ
What did Caneris report in this LYTS Form 4?
Thomas A Caneris (EVP, HR and General Counsel at LSI Industries Inc., LYTS) reported that they sold 109,226 shares for $2.65M at $24.29, and acquired 60,000 shares at $4.04 on May 28, 2026. After these transactions the filing shows 64,790 shares held directly.
How many LYTS shares does Caneris hold after this filing?
The filing shows 64,790 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this LYTS insider sale made under a 10b5-1 plan?
The filing's footnotes do not mention a Rule 10b5-1 trading plan.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for LYTS
Across the 8 sessions after earlier LYTS headlines, the stock closed higher 4 times and lower 4 times, with a median move of 3.2% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | LYTS | SPY |
|---|---|---|---|
| May 28, 2026 | LSI Industries Enters Into Strategic Partnership With Carter Thermal Industries Group, Expands Refrigeration Solutions Offering | -1.7% | +0.6% |
| Apr 23, 2026 | LSI Industries Reports Fiscal 2026 Third Quarter Results and Declares Quarterly Cash Dividend | +9.5% | -0.4% |
| Apr 10, 2026 | LSI Industries Announces Fiscal 2026 Third Quarter Results Conference Call Date | -0.4% | -0.1% |
| Mar 25, 2026 | LSI Industries Completes Acquisition of Royston Group | -3.0% | +0.6% |
| Feb 27, 2026 | LSI Industries Prices Public Offering of Common Stock | +3.3% | -0.5% |
| Feb 26, 2026 | LSI Industries Announces Proposed $90 Million Public Offering of Common Stock | -6.9% | -0.6% |
Earlier insider filings at LYTS
- Apr 3, 2026SEC Form 4 filed by Brown Ronald D
- Apr 3, 2026SEC Form 4 filed by Beech Robert P.
- Jan 6, 2026Director Brown Ronald D was granted 1,218 shares, increasing direct ownership by 2% to 73,163 units (SEC Form 4)
- Jan 6, 2026Director Beech Robert P. was granted 1,218 shares, increasing direct ownership by 1% to 100,941 units (SEC Form 4)
- Dec 29, 2025Executive VP; CFO Galeese James E was granted 1,436 shares, increasing direct ownership by 2% to 76,949 units (SEC Form 4)
Keep researching LYTS
- LYTS insider tradesEvery buy and sale reported by LSI Industries Inc. officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
- LYTS earnings historyPast LSI Industries Inc. earnings releases, newest first.
- LYTS financial statementsRevenue, profit, cash flow and balance sheet from LSI Industries Inc.'s SEC filings.
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Building Products
- Listed since
- 1985
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