LSI Industries grants CEO James Clark $3 million retention RSU award

LYTS•2026-08-26

LSI Industries adopted a FY2027 long-term incentive plan effective Aug. 19, 2026, issuing RSUs and PSUs under its 2019 Omnibus Award Plan.
LTIP targets were set at $2.5 million for CEO James Clark, $540,000 for CFO James Galeese, and $440,000 for Thomas Caneris.
PSUs run from July 1, 2026 to June 30, 2029; payout is tied 50% to cumulative adjusted EBITDA and 50% to RONA.
Clark received a $3 million RSU retention grant that cliffs on the third anniversary, with potential one-third vesting at year one.
The committee raised Clark’s base salary to $900,000, effective Sept. 1, 2026, and set FY2027 cash bonus targets at 100% for the CEO.

Sources

Sec