Lakeland Industries officer reports equity holdings
Lakeland Industries Inc. officer Kevin Rae filed an initial ownership report showing his equity stake in the company.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Lakeland Industries Inc. officer Kevin Rae filed an initial ownership report showing his equity stake in the company. He directly holds 47,964 shares of common stock, including 3,363 restricted stock units that each convert into one share as they vest. The RSUs vest one-third on September 2, 2026, one-third on January 31, 2027 and one-third on January 31, 2028, subject to continued service. Rae also holds stock options covering 3,000 shares of common stock at an exercise price of $18.68 per share, expiring on May 30, 2034, and additional options on 3,500 shares at an exercise price of $24.92 per share, expiring on August 19, 2034.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock, par value $.01 per share | -- | -- | -- |
Footnotes (1)
- F1. Includes 3,363 restricted stock units ("RSUs"), which represent a contingent right to receive one share of common stock, par value $.01 per share, of the issuer for each RSU. The RSUs vest 1/3 on September 2, 2026, 1/3 on January 31, 2027 and 1/3 on January 31, 2028, assuming in each case that the reporting person remains in continuous service through each such vesting date.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
restricted stock units ("RSUs") financial
exercise price financial
expiration date financial
continuous service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing by Kevin Rae mean for LAKE investors?
What stock options does Kevin Rae hold in Lakeland Industries (LAKE)?
How are Kevin Rae’s restricted stock units in LAKE scheduled to vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.