James Scott Marion, President of Infrastructure at Lindsay Corporation, filed a Form 4 on October 28, 2026, reporting equity awards granted on October 26, 2026, including restricted stock units and a new stock option.

Key Highlights

  • RSU Award: Scott acquired 1,061 restricted stock units on October 26, 2026, at a price of $0, according to the filing.
  • Common Stock Ownership: Following the transaction, Scott beneficially owned 9,389 shares of Lindsay Corporation common stock, including shares in the form of restricted stock units.
  • New Option Grant: Scott was awarded an option to purchase 3,288 shares of common stock at an exercise price of $105.94, with an expiration date of October 26, 2036.
  • Option Vesting Schedule: The newly granted option vests in three equal annual installments beginning November 1, 2027.
  • RSU Vesting Schedule: The 1,061 restricted stock units vest in three equal installments on November 1, 2027, November 1, 2028, and November 1, 2029.
  • Total Derivative Holdings: Following the reported transaction, Scott holds 3,288 derivative securities directly from the new option grant, with nine additional previously granted options also reported in Table II.

Equity Awards Granted to Lindsay Corporation's Infrastructure President

Lindsay Corporation, listed on NYSE:LNN, makes irrigation and infrastructure products. James Scott Marion serves as President of the Infrastructure segment and is the reporting person in this Form 4 filing. According to the filing, on October 26, 2026, Scott received two equity awards: 1,061 restricted stock units and an option to purchase 3,288 shares of common stock, both at a transaction price of $0.

The restricted stock units, per the filing, will vest and settle in shares of Lindsay Corporation common stock on a one-for-one basis in three equal installments on November 1, 2027, November 1, 2028, and November 1, 2029. Following the reported RSU acquisition, Scott's total beneficial ownership of common stock, including shares in the form of restricted stock units, stands at 9,389 shares as disclosed in Table I of the filing.

The new option to purchase 3,288 shares carries an exercise price of $105.94 and an expiration date of October 26, 2036. Per the filing, it vests in three equal annual installments beginning November 1, 2027. Table II of the filing also lists nine previously awarded options, with exercise prices ranging from $90.71 to $156.16 and expiration dates spanning from January 30, 2028, through October 27, 2035, each with varying vesting schedules described in the filing's explanation of responses. The filing was signed by Eric Arneson as attorney-in-fact on October 28, 2026.

What Was Disclosed

The filing reported two equity awards to Scott on October 26, 2026: 1,061 restricted stock units and an option covering 3,288 shares at $105.94. Post-transaction common stock beneficial ownership totals 9,389 shares. Nine previously granted options were also listed.