ACUITY INC. (DE)
For the period ended Aug 31, 2025. Filed Dec 11, 2025.
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Aug 31, 2025 · Filed Dec 11, 2025
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant☑
Filed by a Party other than the Registrant☐
Check the appropriate box:
☐Preliminary Proxy Statement
☐Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☑Definitive Proxy Statement
☐Definitive Additional Materials
☐Soliciting Material Pursuant to §240.14a-12
ACUITY INC.
(Name of Registrant as Specified in Its Charter)
N/A
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
☑No fee required.
☐Fee paid previously with preliminary materials.
☐Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.
PROXY STATEMENT AND
NOTICE OF ANNUAL MEETING
OF STOCKHOLDERS
January 21, 2026
Who We Are
Acuity Inc. (NYSE: AYI)is a market-leading
industrial technology company. We use
technology to solve problems in spaces,
light and more things to come. Through
our two business segments, Acuity Brands
Lighting and Acuity Intelligent Spaces, we
design, manufacture and bring to market
products and services that make a valuable
difference in people’s lives. We achieve
growth through the development of
innovative new products and services,
including lighting, lighting controls, building
management solutions, and an audio, video
and control platform.
We focus on customer outcomes and drive growth
and productivity to increase market share and deliver
superior returns. We look to aggressively deploy capital
to grow the business and to enter attractive new verticals.
Acuity Inc. is based in Atlanta, Georgia, with operations across
North America, Europe and Asia. The Company is powered by
approximately 13,000 dedicated and talented associates.
Our Values
Our values are at the core of our culture and help create a shared purpose for achieving our Company’s strategic goals.
We make decisions based on our values, and these values guide how we treat each other and how we serve our
customers and communities.
| IntegrityWe do the right thing,the first time, every time. | TimeTime is the only constrained resource. We focus on what is most important. | CuriosityWe are always searching for a better way. We are willing and able to change. | Customer ObsessedWe see the world through the eyes of customers and end-users. We deliver on their needs. |
|---|
| PeopleWe create an environment where the best people come to do their best work. We all succeed together. | CommunityWe care about the environment and our neighbors. We make communities better. | Owner’s MindsetWe think and act like owners. We focus on long-term, sustainable value creation. |
Letter to Stockholders
Dear Stockholders:
The Board of Directors (the “Board”) would like to thank you for your ongoing investment and continued confidence in
Acuity Inc. (“Acuity” or the “Company”). We have transformed the Company from principally a luminaires business to a
data and control and luminaires business, and positioned ourselves well for long-term growth.
Fiscal 2025 was an important year for us. We had continued strong financial performance. We renamed our Company to
Acuity Inc., reflecting our evolution and aligning to our strategy of using technology to solve problems and create impactful
experiences that shape how people live, work and connect. We allocated capital effectively, grew our business organically
and through acquisitions, rewarded our stockholders with increased dividends, and opportunistically repurchased more of
our outstanding shares.
In Acuity Brands Lighting (“ABL”), we continued to make our business more predictable, repeatable and scalable. We
realigned the business into luminaires and electronics and delivered improved financial performance. ABL is a high-quality
strategic asset and a core pillar of our Company. Our growth algorithm is clear—we will enter new verticals, we will take
share and we will grow with the market. In ABL, we will continue to focus on product vitality, elevating service levels, using
technology to improve and differentiate both our products and how we operate the business, and driving productivity.
In Acuity Intelligent Spaces (“AIS”), we are making spaces smarter, safer and greener. We acquired and integrated QSC,
LLC (“QSC”). We scaled AIS into a larger part of our overall Company. Through Atrius®, Distech Controls® and QSC®,
we have unique and disruptive technologies that are driving productivity for people experiencing spaces and for the
people who are providing those spaces. In AIS, we will continue to focus on growth with the opportunity for margin
expansion.
At Acuity we are doing things differently. Our values are at the core of who we are, guiding how we serve our customers,
associates and communities. Each of our associates understands how we create value—we grow net sales, we turn
profits into cash and we don’t grow the balance sheet as fast. We are empowered by our Better.Smarter.Faster. operating
system to work in a consistent way. The combination of these things allows us to operate more productively with greater
distribution of responsibility and accountability throughout the Company. It is how we were able to react aggressively to
changes in the macro environment this year and how we were able to quickly and successfully integrate QSC.
Acuity is positioned for long-term growth. We are innovators, disruptors and builders who are creating stakeholder value
and compounding shareholder wealth. As we look ahead to fiscal 2026, the Board is confident in management’s ability to
continue to take the necessary steps to drive our business forward.
We thank our stockholders and other stakeholders for taking the time to engage with us and welcome the opportunity to
hear feedback. We will continue to incorporate your input as we form our practices and policies. See Contacting the
Board of Directors for information about how to reach the Board.
Sincerely,
| THE BOARD OF DIRECTORS | |||
|---|---|---|---|
| Neil M. AsheChairman, President and CEOJames H. Hance, Jr.Lead Director | Marcia J. Avedon, Ph.D.W. Patrick BattleMichael J. Bender | G. Douglas Dillard, Jr.Maya Leibman | Laura G. O’ShaughnessyMark J. Sachleben |
1170 Peachtree Street, N.E.
Suite 1200
Atlanta, Georgia 30309
Notice of Annual Meeting of Stockholders
| Date and TimeJanuary 21, 20261:00 p.m. ETOnline check-in begins at 12:45 p.m. ET | PlaceAccess the Virtual Annual Meeting at www.virtualshareholdermeeting.com/AYI2026 | Record DateStockholders of record at the close of business on November 24, 2025 are entitled to notice of and to vote at the Annual Meeting or any adjournments or postponements thereof. |
Purpose
| Items of Business | Board Recommendation | |
| 1 | Election of nine directors | FOR |
| each director nominee | ||
|---|---|---|
| 2 | Ratification of the appointment of our independent registered public accounting firm for fiscal 2026 | FOR |
| 3 | Advisory vote to approve named executive officer compensation | FOR |
Stockholders will also consider and act upon such other business as may properly come before the Annual Meeting or any
adjournments or postponements thereof.
Voting
Your vote is important. If you are a stockholder of record, you can vote by one of the following methods. In each case, please
follow the instructions provided on the Notice of Internet Availability or Proxy Card. We encourage you to vote in advance, even if
you plan to participate in the Annual Meeting.
| Internetwww.proxyvote.com | Telephone1-800-690-6903 | MailSign, date and return your proxy card | During the MeetingVote electronically during the Annual Meeting |
Virtual Stockholders’ Meeting Information
The Annual Meeting will be held in a virtual format only via the Internet. We believe a virtual meeting allows broader access by
our stockholders and other interested parties without restricting participation. You will be able to participate in the Annual Meeting
online and submit your questions during the meeting by visitingwww.virtualshareholdermeeting.com/AYI2026. You will also be
able to vote your shares electronically at the Annual Meeting. For more information about our virtual Annual Meeting
processes, please see Questions Relating to this Proxy Statement – Information about our Virtual Annual Meeting.
On or about December 11, 2025, we plan to commence mailing of a Notice of Internet Availability of Proxy Materials containing
instructions on how to access our Proxy Statement and our Annual Report on Form 10-K via the Internet and how to vote online.
The Notice of Internet Availability of Proxy Materials also contains instructions on how you can receive a paper copy of the
proxy materials.
By order of the Board,
CHANDA KIRCHNER
Corporate Secretary
December 11, 2025
Important Notice Regarding the Availability of Proxy Materials for the Stockholder Meeting to be Held on January 21, 2026. The Proxy Statement and Annual Report on Form 10-K are available at www.proxyvote.com.
Table of Contents
| Pages | ||
|---|---|---|
| PROXY STATEMENT SUMMARY | 1 | |
| Key Fiscal 2025 Business Performance Highlights | 1 | |
| EarthLIGHT | 2 | |
| Board Composition Highlights | 3 | |
| Corporate Governance Highlights | 5 | |
| Executive Compensation Highlights | 6 | |
| CORPORATE GOVERNANCE AT ACUITY | 11 | |
| Item 1 | Election of Directors | 11 |
| Director Information | 12 | |
| Board and Committees | 20 | |
| Board Responsibilities | 24 | |
| Governance Policies and Procedures | 27 | |
| Compensation of Directors | 28 | |
| AUDIT COMMITTEE MATTERS | 32 | |
| Item 2 | Ratification of the Appointment of the Independent Registered Public Accounting Firm | 32 |
| Selection and Engagement of the Independent Registered Public Accounting Firm | 32 | |
| Audit Fees and Other Fees | 33 | |
| Preapproval Policies and Procedures | 33 | |
| Report of the Audit Committee | 34 | |
| EXECUTIVE OFFICERS | 35 | |
| Pages | ||
|---|---|---|
| EXECUTIVE COMPENSATION | 36 | |
| Item 3 | Advisory Vote to Approve Named Executive Officer Compensation | 36 |
| Message from the Compensation and Management Development Committee | 37 | |
| Compensation Discussion and Analysis | 38 | |
| 2025 Executive Compensation | 42 | |
| Report of the Compensation and Management Development Committee | 56 | |
| Executive Compensation Tables | 57 | |
| STOCK OWNERSHIP | 75 | |
| Equity Compensation Plans | 75 | |
| Beneficial Ownership of the Company’s Securities | 76 | |
| Certain Relationships and Related Person Transactions | 77 | |
| QUESTIONS RELATING TO THIS PROXY STATEMENT | 79 | |
| OTHER MATTERS | 83 | |
| NEXT ANNUAL MEETING – STOCKHOLDER PROPOSALS AND DIRECTOR NOMINATIONS | 83 | |
| APPENDIX A | A-1 | |
| APPENDIX B | B-1 | |
Acuity Inc. | 2026 Proxy Statement | 1
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