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Red Flags Detected

  • Departure Of Cfo (new) — The Chief Financial Officer is resigning, though the company states it is for personal reasons with no disagreements or operational issues.
NYSE: LNN LINDSAY CORP 8-K

Lindsay CFO Sam Hinrichsen resigns effective August 31, cites personal reasons

Filed July 17, 2026 · Period ending July 16, 2026 · ~1 min read

Key Changes

  • high

    CFO Sam Hinrichsen resigns effective August 31, 2026 for personal reasons; company states no disagreements and departure unrelated to operations, policies, or accounting issues.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    Hinrichsen will provide transition services through December 31, 2026 for $100,000 while company conducts executive search for replacement CFO.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    Separation package includes $110,000 approximating forfeited equity value, 2026 annual bonus, four months COBRA coverage, and waiver of signing bonus repayment in exchange for release and restrictive covenants.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →

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Source-verified from EDGAR · Narrative written by AI · Jul 20, 2026 · How we verify