Brian James Magnusson, President - Irrigation at Lindsay Corporation, filed a Form 4 on November 2, 2026, reporting two common stock transactions dated November 1, 2026, along with holdings in five stock options.
Key Highlights
- Acquisition: Magnusson acquired 417 shares of common stock on November 1, 2026, at $0, upon vesting of performance stock units.
- Tax withholding disposal: 580 shares were withheld on November 1, 2026, at $107.63 per share to satisfy tax withholding obligations upon vesting of performance stock units and restricted stock units.
- Resulting ownership: Following both transactions, Magnusson directly held 7,003 shares of common stock, according to the filing.
- Options held: Magnusson holds five options to purchase common stock with exercise prices ranging from $105.94 to $156.16, covering a combined 11,798 shares.
- Issuer: Lindsay Corporation is listed as NYSE:LNN, as stated in the filing.
Magnusson's November 1 Transactions and Option Holdings at Lindsay Corporation
According to the filing, Brian James Magnusson, who serves as President - Irrigation at Lindsay Corporation (NYSE:LNN), reported two transactions in common stock on November 1, 2026. First, he acquired 417 shares through the vesting of performance stock units at a price of $0 per share (transaction code A). Second, 580 shares were disposed of (transaction code F) at $107.63 per share, withheld to satisfy tax obligations tied to the vesting of those performance stock units and restricted stock units previously included in the filing's Table I.
Following these transactions, the filing reports Magnusson's direct beneficial ownership at 7,003 shares of common stock. The filing notes that this total includes shares acquired pursuant to Lindsay Corporation's 2021 Employee Stock Purchase Plan and shares in the form of restricted stock units.
In Table II, the filing discloses five options to purchase common stock held directly by Magnusson. These carry exercise prices of $105.94, $114.41, $121.16, $120.54, and $156.16, covering 4,384, 2,847, 2,370, 1,837, and 360 underlying shares, respectively. The option at $105.94 vests in three equal annual installments beginning November 1, 2027. The option at $114.41 began vesting November 1, 2026. The options at $121.16 and $120.54 began or completed vesting on November 1, 2025, and November 1, 2024, respectively. The option at $156.16 began vesting November 1, 2023, with an expiration date of October 24, 2032. All options expire between October 23, 2033, and October 26, 2036, as stated in the filing.
What Was Disclosed
The Form 4 filed November 2, 2026, discloses that Brian James Magnusson, President - Irrigation at Lindsay Corporation, acquired 417 shares via performance stock unit vesting and had 580 shares withheld for taxes on November 1, 2026, leaving a direct holding of 7,003 shares.




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