Transaction overview
Acuity Brands Inc. (NASDAQ: AYI) Senior Vice President and Chief Financial Officer Karen J. Holcom sold 4,974 shares of the companys common stock on January 28, 2026. The shares changed hands at $309.23 apiece, producing proceeds of $1,538,110, according to a Form 4 filing with the Securities and Exchange Commission.
The filing notes the disposition was executed pursuant to a Rule 10b5-1 trading plan that Holcom adopted on October 29, 2025. On the same date as the sale, Holcom also exercised stock options to acquire 897 shares of Acuity Brands common stock at an exercise price of $239.76 per share, representing a total option exercise value of $215,064.
Post-transaction holdings
Following the sale and exercise, Holcom directly holds 21,523 shares of Acuity Brands common stock. She additionally reports indirect ownership of 302.3631 shares through a 401(k) plan, as disclosed in the SEC filing.
Corporate results and shareholder actions
Separately, Acuity Brands reported first-quarter results for fiscal year 2026 that beat consensus on the bottom line. The company posted earnings per share of $4.69 versus an expected $4.58, while reporting revenue of $1.14 billion, in line with expectations. Management also announced a 17% increase in the quarterly dividend, raising it to $0.20 per share; the raised dividend is scheduled to be payable in February 2026.
At its annual meeting, shareholders approved all proposals presented, including the election of nine directors. The companys corporate actions accompany analyst coverage that remains favorable; Oppenheimer reiterated an Outperform rating with a $435.00 price target, while noting the company faces pressure from the ABL market and higher production costs.
Context and concise takeaways
The SEC Form 4 details the mechanics and timing of Holcoms transaction and option exercise. The companys recent operating results, dividend increase and unanimous shareholder approvals provide contemporaneous context to the insider activity and the analyst stance highlighted in the filings and corporate disclosures.