STOCK TITAN

Lakeland Industries (LAKE) awards 5,541 RSUs to Fire division CRO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Phillips Barry G reported acquisition or exercise transactions in this Form 4 filing.

LAKELAND INDUSTRIES INC reported that Chief Revenue Officer - Fire Barry G. Phillips received a grant of 5,541 shares of common stock in the form of restricted stock units as equity compensation. These RSUs vest in three equal installments, with one-third on the first anniversary of the grant date, one-third on January 31, 2028, and one-third on January 31, 2029, contingent on continued service. After this award, Phillips directly holds 24,563 shares of common stock.

Positive

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Negative

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Insider Phillips Barry G
Role Chief Revenue Officer - Fire
Type Security Shares Price Value
Grant/Award Common Stock, par value $.01 per share 5,541 $0.00 --
Holdings After Transaction: Common Stock, par value $.01 per share — 24,563 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 5,541 RSUs Equity award to Chief Revenue Officer - Fire
Shares owned after award 24,563 shares Direct common stock holdings after transaction
First vesting tranche 1/3 of 5,541 RSUs Vests on first anniversary of grant date
Second vesting date January 31, 2028 Vesting of second one-third of RSUs
Final vesting date January 31, 2029 Vesting of final one-third of RSUs
Grant price per share $0.00 per share Equity award, not open-market purchase
restricted stock units ("RSUs") financial
"The reporting person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"RSUs, which represent a contingent right to receive one share of common stock..."
vest financial
"The RSUs vest 1/3 on the first anniversary of the date of grant, 1/3 on January 31, 2028 and 1/3 on January 31, 2029..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continuous service financial
"provided, however, that the reporting person remains in continuous service through the vesting date."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Phillips Barry G

(Last)(First)(Middle)
1525 PERIMETER PARKWAY SUITE 325

(Street)
HUNTSVILLE ALABAMA 35806

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LAKELAND INDUSTRIES INC [ LAKE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer - Fire
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $.01 per share05/27/2026A5,541(1)A$024,563D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reporting person was granted 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 the first anniversary of the date of grant, 1/3 on January 31, 2028 and 1/3 on January 31, 2029; provided, however, that the reporting person remains in continuous service through the vesting date.
/s/ J. Calven Swinea, Jr., by power of attorney05/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did LAKELAND INDUSTRIES (LAKE) report for Barry G. Phillips?

LAKELAND INDUSTRIES reported that Chief Revenue Officer - Fire Barry G. Phillips received 5,541 restricted stock units. Each RSU represents a right to one share of common stock, granted as equity compensation rather than an open-market purchase or sale.

How many LAKELAND INDUSTRIES (LAKE) shares does Barry G. Phillips hold after this Form 4?

Following the grant of 5,541 restricted stock units, Barry G. Phillips is reported to own 24,563 shares of LAKELAND INDUSTRIES common stock directly. This figure reflects his position after the reported equity award transaction.

How do the 5,541 RSUs granted to LAKELAND INDUSTRIES (LAKE) executive Barry G. Phillips vest?

The 5,541 restricted stock units vest in three equal tranches. One-third vests on the first anniversary of the grant date, one-third on January 31, 2028, and the final third on January 31, 2029, subject to continuous service.

Are the RSUs granted to LAKELAND INDUSTRIES (LAKE) executive Barry G. Phillips immediately settled in shares?

The restricted stock units represent a contingent right to receive one share of common stock for each RSU. Settlement in shares occurs as the RSUs vest over time, assuming the executive remains in continuous service through each vesting date.

Does the Barry G. Phillips Form 4 for LAKELAND INDUSTRIES (LAKE) involve an open-market stock purchase or sale?

The reported transaction is a grant of restricted stock units at a price of $0.00 per share. It reflects an equity award categorized as a grant or other acquisition, not an open-market purchase or sale of existing shares.