---
title: "LSI Industries grants retention RSUs to James Clark, increases salary; LTIP/STIP awards for Galeese and Caneris"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296954724.md"
description: "LSI Industries granted CEO James Clark a $3 million retention RSU, increased his base salary, and awarded LTIP/STIP incentives. Additionally, the company granted similar performance-based incentive awards to CFO James Galeese and EVP Thomas Caneris."
datetime: "2026-08-25T20:53:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296954724.md)
  - [en](https://longbridge.com/en/news/296954724.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296954724.md)
generator: "portal-rs"
---

# LSI Industries grants retention RSUs to James Clark, increases salary; LTIP/STIP awards for Galeese and Caneris

**LSI Industries awarded long- and short-term incentive awards to CEO James Clark and named executive officers, granted a $3,000,000 retention RSU to Clark and raised his base salary.**

Individual

James Clark

James Galeese

Thomas Caneris

Role

President and Chief Executive Officer

EVP & Chief Financial Officer

EVP Human Resources and General Counsel

Type of Change

Retention award granted; LTIP & STIP grants; salary increase

LTIP & STIP grants

LTIP & STIP grants

Effective Date

LTIP/STIP grants effective Aug 19, 2026; salary increase effective Sep 1, 2026

LTIP/STIP grants effective Aug 19, 2026

LTIP/STIP grants effective Aug 19, 2026

Reason

Retention to support strategic plan; performance-based incentive program

Performance-based incentive program

Performance-based incentive program

Replacement Info

Not disclosed

Not disclosed

Not disclosed

Background Details

Granted $3,000,000 RSU retention award (cliff vests in 3 yrs; possible 1/3 vesting earlier if 5-yr plan approved); LTIP RSUs 41,563 and PSUs 62,344; STIP bonus target 100% of base salary

LTIP target $540,000; RSUs 8,978; PSUs 13,466; STIP bonus target 80% of base salary

LTIP target $440,000; RSUs 7,316; PSUs 10,972; STIP bonus target 60% of base salary

Board/Committee Role Changes

Not disclosed

Not disclosed

Not disclosed

Original SEC Filing: LSI INDUSTRIES INC \[ LYTS \] - 8-K - Aug. 25, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**