Lakeland Industries CRO receives 5,541 RSUs
Phillips Barry G reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 5,541 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
contingent right financial
vest financial
continuous service financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LAKELAND INDUSTRIES (LAKE) report for Barry G. Phillips?
How do the 5,541 RSUs granted to LAKELAND INDUSTRIES (LAKE) executive Barry G. Phillips vest?
Are the RSUs granted to LAKELAND INDUSTRIES (LAKE) executive Barry G. Phillips immediately settled in shares?
Does the Barry G. Phillips Form 4 for LAKELAND INDUSTRIES (LAKE) involve an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.