Brett Richard Coburn, VP and Chief Accounting Officer of Lindsay Corporation, filed a Form 4 on November 2, 2026, reporting a share withholding transaction dated November 1, 2026, and a newly disclosed stock option grant.

Key Highlights

  • Tax withholding disposal: 176 shares of Lindsay Corporation common stock were disposed of on November 1, 2026, at $107.63 per share to satisfy tax withholding obligations upon vesting of performance stock units and restricted stock units.
  • Remaining direct ownership: Following the transaction, Coburn directly held 2,091 shares, which the filing notes includes shares acquired under Lindsay Corporation's 2021 Employee Stock Purchase Plan and shares in the form of restricted stock units.
  • New stock option disclosed: Coburn holds an option to purchase 511 shares of common stock at an exercise price of $105.94, expiring October 26, 2036.
  • Option vesting schedule: The option vests in three equal annual installments beginning on November 1, 2027, according to the filing.
  • Reporting person role: Coburn is identified as VP and Chief Accounting Officer of Lindsay Corporation, traded on NYSE under the ticker LNN.

Coburn's November 2026 Share Withholding and Option Disclosure at Lindsay Corp

According to the Form 4 filed with the SEC on November 2, 2026, Brett Richard Coburn, VP and Chief Accounting Officer of Lindsay Corporation (NYSE:LNN), reported a single non-derivative transaction on November 1, 2026. The transaction, coded "F," reflects the disposal of 176 shares of common stock at a price of $107.63 per share. The filing states these shares were "withheld to satisfy tax withholding obligations upon vesting of performance stock units referenced in footnote 1 and restricted stock units previously included in Table I."

Following the reported disposal, Coburn's direct beneficial ownership stands at 2,091 shares of common stock. The filing notes this total "includes shares of common stock acquired pursuant to Lindsay Corporation's 2021 Employee Stock Purchase Plan and shares of common stock in the form of restricted stock units." All reported shares are held directly by Coburn with no indirect ownership positions reported in Table I.

In Table II, the filing discloses a derivative security: an option to purchase 511 shares of common stock at an exercise price of $105.94, with an expiration date of October 26, 2036. The filing states the option "vests in three equal annual installments beginning on November 1, 2027." As of the filing date, Coburn beneficially owns 511 of these options directly. The Form 4 was signed by Eric Arneson as attorney-in-fact on November 2, 2026.

What Was Disclosed

Coburn's Form 4 reported the withholding of 176 common shares at $107.63 for tax obligations upon vesting, leaving direct ownership of 2,091 shares. The filing also disclosed an option to purchase 511 shares at $105.94, vesting annually from November 1, 2027, through October 26, 2036.