SMITH RYAN RICHARD, Group President - N.A., has demonstrated a clear bias toward accumulating shares in LCII (LCI Industries) over the past three years, with $5.19 million in total buy value compared to $2.96 million in sales. His transactions primarily consist of recurring March acquisitions, likely tied to equity awards, with the largest purchase occurring on March 1, 2024, when he acquired shares worth $1.43 million. Smaller but consistent purchases followed in 2025 and 2026, ranging from $368,768 to $523,609, reinforcing a long-term holding pattern. The only significant sell transaction occurred on February 20, 2026, when Smith disposed of shares worth $2.96 million—his sole outright sale in the dataset.
The filings show Smith’s activity is concentrated exclusively in LCII, with no trades in other companies. The March transactions, marked as derivative holdings (Code M), suggest equity compensation vesting, while the February 2026 sale (Code S) represents an outright disposition. Despite the recent sell-off, the overall trend remains accumulation, with Smith retaining substantial holdings. The absence of open-market purchases outside of award-related activity indicates his position growth is largely driven by compensation rather than discretionary buying. The $541,990 and $495,770 acquisitions in March 2026—just weeks after the sale—further underscore his continued exposure to LCII.
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