STOCK TITAN

LCI Industries (LCII) CHRO receives restricted and performance stock unit grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Andrich Petar reported acquisition or exercise transactions in this Form 4 filing.

LCI Industries Chief Human Resources Officer Petar Andrich received new equity awards in the form of stock units. On March 1, 2026, he was granted 1,773 restricted stock units and 1,182 performance stock units, each representing a contingent right to one share of LCI Industries common stock.

The restricted stock units vest in three equal annual installments on the first through third anniversaries of the March 1, 2026 grant date. The performance stock units may be earned based on Return on Invested Capital and Free Cash Flow goals measured through the end of 2028, with any earned units vesting on March 1, 2029.

Positive

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Insider Andrich Petar
Role Chief Human Resources Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 1,773 $0.00 --
Grant/Award Performance Stock Unit 1,182 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 1,790 shares (Direct); Performance Stock Unit — 1,193 shares (Direct)
Footnotes (1)
  1. Each Stock Unit represents a contingent right to receive one share of LCII Common Stock. The filing was delayed due to a procedural delay in Mr. Andrich receiving the requisite EDGAR access codes from the SEC. This Form 4 was filed promptly upon receipt of the codes. These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2026. Includes 17 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 27, 2026 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s). These Performance Stock Units ("PSUs") represent the contingent right to receive shares of LCII Common Stock, if and to the extent certain Return on Invested Capital and Free Cash Flow performance goals are achieved by the end of 2028. Earned PSUs, if any, will vest on March 1, 2029. Includes 11 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 27, 2026 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
Restricted stock units granted 1,773 units Grant to CHRO Petar Andrich on March 1, 2026
Performance stock units granted 1,182 units Grant to CHRO Petar Andrich on March 1, 2026
RSU holdings after grant 1,790 units Total restricted stock units following the transaction
PSU holdings after grant 1,193 units Total performance stock units following the transaction
RSU vesting schedule 3 annual installments Vest on first through third anniversaries of March 1, 2026
PSU performance measurement period through end of 2028 Based on Return on Invested Capital and Free Cash Flow goals
PSU vesting date if earned March 1, 2029 Earned performance stock units vest on this date
Restricted Stock Unit financial
"Each Stock Unit represents a contingent right to receive one share of LCII Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Performance Stock Unit financial
"These Performance Stock Units ("PSUs") represent the contingent right to receive shares of LCII Common Stock, if and to the extent certain Return on Invested Capital and Free Cash Flow performance goals are achieved"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
Return on Invested Capital financial
"These Performance Stock Units ("PSUs") represent the contingent right to receive shares of LCII Common Stock, if and to the extent certain Return on Invested Capital and Free Cash Flow performance goals are achieved"
A percentage that shows how effectively a company turns the money invested in its business—both borrowed funds and shareholders’ equity—into operating profit after taxes. It tells investors whether a company earns more from its core operations than it costs to fund those operations; think of it like the annual return you’d expect from renovating a rental property—higher percentages mean the company uses capital more efficiently and is more likely to create value for shareholders.
Free Cash Flow financial
"These Performance Stock Units ("PSUs") represent the contingent right to receive shares of LCII Common Stock, if and to the extent certain Return on Invested Capital and Free Cash Flow performance goals are achieved"
Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.
dividend equivalent stock unit financial
"holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions"
2018 Omnibus Incentive Plan financial
"In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Andrich Petar

(Last)(First)(Middle)
3501 COUNTY ROAD 6 E

(Street)
ELKHART INDIANA 46514

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LCI INDUSTRIES [ LCII ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Human Resources Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)03/01/2026(2)A1,773 (3)03/01/2029Common Stock1,773$01,790(4)D
Performance Stock Unit(1)03/01/2026(2)A1,182(5)03/01/202903/01/2029Common Stock1,182$01,193(6)D
Explanation of Responses:
1. Each Stock Unit represents a contingent right to receive one share of LCII Common Stock.
2. The filing was delayed due to a procedural delay in Mr. Andrich receiving the requisite EDGAR access codes from the SEC. This Form 4 was filed promptly upon receipt of the codes.
3. These restricted stock units vest ratably each year on the first through third anniversaries of the grant date, which was March 1, 2026.
4. Includes 17 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 27, 2026 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
5. These Performance Stock Units ("PSUs") represent the contingent right to receive shares of LCII Common Stock, if and to the extent certain Return on Invested Capital and Free Cash Flow performance goals are achieved by the end of 2028. Earned PSUs, if any, will vest on March 1, 2029.
6. Includes 11 stock unit(s) received as a result of regular cash dividends paid on reported payment date(s) March 27, 2026 to holders of registrant's common stock on the related reported record date(s). In accordance with the registrant's 2018 Omnibus Incentive Plan for underlying units granted under that plan, holders of stock units on the reported dividend record date(s) received additional dividend equivalent stock unit(s) subject to the same terms and conditions as the underlying stock units held on the reported record date(s).
Remarks:
Lillian D. Etzkorn on behalf of Petar Andrich03/31/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did LCI Industries (LCII) grant to Petar Andrich?

LCI Industries granted Chief Human Resources Officer Petar Andrich 1,773 restricted stock units and 1,182 performance stock units on March 1, 2026. Each unit represents a contingent right to receive one share of LCI Industries common stock, subject to vesting and performance conditions.

How do the restricted stock units for LCII’s Petar Andrich vest?

The restricted stock units granted to Petar Andrich vest ratably over three years. They vest in equal portions on the first, second, and third anniversaries of the March 1, 2026 grant date, aligning his compensation with longer-term service at LCI Industries.

What performance goals apply to LCI Industries (LCII) performance stock units?

The performance stock units granted to Petar Andrich depend on achieving specific Return on Invested Capital and Free Cash Flow goals by the end of 2028. Only if these performance targets are met will earned units vest, providing shares of LCI Industries common stock.

When do Petar Andrich’s LCI Industries performance stock units vest if earned?

Any performance stock units earned by Petar Andrich will vest on March 1, 2029. Vesting occurs only after Return on Invested Capital and Free Cash Flow goals are measured through the end of 2028 and the number of earned units is determined.

What does each stock unit granted by LCI Industries (LCII) represent?

Each restricted stock unit and performance stock unit represents a contingent right to receive one share of LCI Industries common stock. Actual delivery of shares depends on satisfying service-based vesting for RSUs and performance plus time-based vesting for PSUs.

Are dividend equivalents included in Petar Andrich’s LCI Industries stock units?

The holdings include additional stock units received as dividend equivalents on March 27, 2026. Holders of existing units received extra units instead of cash, with these dividend equivalent units subject to the same terms and conditions as the original awards.