Brian James Magnusson, President - Irrigation at Lindsay Corporation, filed a Form 4 on October 28, 2026, reporting equity awards received on October 26, 2026, including restricted stock units and a new stock option grant.

Key Highlights

  • RSU award: Magnusson acquired 1,415 restricted stock units on October 26, 2026, at a price of $0, which will vest in three equal installments on November 1, 2027; November 1, 2028; and November 1, 2029.
  • Post-transaction holdings: Following the reported transaction, Magnusson directly beneficially owned 7,166 shares of common stock, including shares acquired through Lindsay Corporation's 2021 Employee Stock Purchase Plan and shares in the form of restricted stock units.
  • New option grant: Magnusson was awarded an option to purchase 4,384 shares of common stock at an exercise price of $105.94, with an expiration date of October 26, 2036, vesting in three equal annual installments beginning November 1, 2027.
  • Existing options: Magnusson also holds previously granted options to purchase 2,847 shares at $114.41, 2,370 shares at $121.16, 1,837 shares at $120.54, and 360 shares at $156.16.
  • Reporting person role: Magnusson is identified in the filing as an officer with the title President - Irrigation at Lindsay Corporation (NYSE:LNN).

Magnusson's October 2026 Equity Awards at Lindsay Corporation

According to the Form 4 filed October 28, 2026, Brian James Magnusson, serving as President - Irrigation at Lindsay Corporation (NYSE:LNN), reported the acquisition of 1,415 restricted stock units on October 26, 2026, at a price of $0. Per the filing's explanation of responses, these units 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 this transaction, the filing reports Magnusson directly and beneficially owned 7,166 shares, which the filing notes includes shares acquired under Lindsay Corporation's 2021 Employee Stock Purchase Plan as well as shares held in the form of restricted stock units.

The filing also reports that Magnusson received a new option to purchase 4,384 shares of common stock with an exercise price of $105.94 and an expiration date of October 26, 2036. The transaction code for this award is listed as "A" (acquired), and the price of the derivative security is reported as $0. According to the filing, this option vests in three equal annual installments beginning on November 1, 2027. The total number of derivative securities beneficially owned following this grant is reported as 4,384 for this option.

In addition to the newly granted option, the filing discloses that Magnusson holds four previously granted options: 2,847 shares at an exercise price of $114.41 expiring October 27, 2035; 2,370 shares at $121.16 expiring October 28, 2034; 1,837 shares at $120.54 expiring October 23, 2033; and 360 shares at $156.16 expiring October 24, 2032. All options are held directly. The Form 4 was signed by Eric Arneson as attorney-in-fact on October 28, 2026.

What Was Disclosed

The filing discloses that Brian James Magnusson, President - Irrigation at Lindsay Corporation, received 1,415 restricted stock units and a new option covering 4,384 shares on October 26, 2026, and reported total direct beneficial ownership of 7,166 shares of common stock following those transactions.