Business Context and Reporting Period
This Form 8-K is a current report filed by Lindsay Corporation (NYSE: LNN) on August 28, 2026. The filing addresses a significant change in executive leadership regarding the Chief Financial Officer role, effective September 1, 2026.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel appointments and compensation adjustments.
Material Changes
The primary material change disclosed is the appointment of two interim co-Chief Financial Officers (CFOs):
- Alicia Pfeifer (Vice President, Business Finance) and Brett Coburn (Vice President, Chief Accounting Officer) will serve as co-CFOs on an interim basis starting September 1, 2026.
- Mr. Coburn will also serve as the interim principal financial officer for SEC reporting purposes.
- Both executives are long-tenured employees; Ms. Pfeifer has been with the company since 2014, and Mr. Coburn since 2019.
Guidance, Outlook, and Compensation
The filing contains no financial guidance, outlook, or discussion of risks and contingencies. Regarding compensation for the new interim roles:
- Both officers will receive base salary, annual bonus opportunities, and long-term equity incentive awards consistent with their seniority.
- Each officer will receive an incremental stipend of $10,000 per month for the duration of their additional responsibilities as co-CFOs.
Investor Verification Checklist
- Verify the reason for the interim appointment (e.g., departure of the previous CFO) in subsequent filings or press releases.
- Monitor the duration of the interim arrangement to determine if a permanent CFO search is underway.
- Review upcoming quarterly earnings reports for any operational impact resulting from the leadership transition.