Lakeland Industries director granted stock awards
Rudow Lee D. reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Rudow Lee D. reported acquisition or exercise transactions in this Form 4 filing.
Lakeland Industries director Lee D. Rudow received equity compensation rather than cash fees. On May 6, 2026, he was granted 1,780 shares of restricted common stock in lieu of $57,151 of his retainer fees for the fiscal year ending January 31, 2027, based on a per share value of $9.63. He was also granted 5,935 restricted stock units (RSUs), representing a 30% premium on the fees he elected to take in equity. Both the restricted stock and the RSUs vest on the first anniversary of the grant date, provided he continues to serve as a director and is not terminated for cause before vesting.
Insider Trade Summary
Grant/Award: 7,715 shares
Grant/Award
2 txns
Insider
Rudow Lee D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 5,935 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $.01 per share | 1,780 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $.01 per share — 10,015 shares (Direct)
Footnotes (2)
- F1. The reporting person was granted restricted stock in lieu of a portion of his retainer fees for the remainder of the fiscal year ending January 31, 2027. The reporting person elected to receive $57,151 of his remaining fiscal year 2027 retainer fees in the form of the Issuer's common stock, par value $0.01 per share ("Common Stock"). The number of shares of restricted stock granted is based on a per share value of $9.63, the closing price of the Common Stock on the date of grant. The restricted stock vests on the first anniversary of the date of grant; provided, that the reporting person's service as a director is not terminated for cause prior to the vesting date.
- F2. The reporting person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock. These RSUs represent a 30% premium on the amount of retainer fees the reporting person has elected to receive in the form of equity in lieu of cash, as explained in the first footnote above. The number of RSUs granted is based on a per share value of $9.63, the closing price of the Common Stock on the date of grant. The RSUs vest on the first anniversary of the date of grant; provided, that the reporting person remains in continuous service through the vesting date.
Key Figures
Restricted stock granted: 1,780 shares
Restricted stock units granted: 5,935 RSUs
Retainer fees taken in equity: $57,151
+3 more
6 metrics
Restricted stock granted
1,780 shares
Restricted common stock granted on May 6, 2026 in lieu of retainer fees
Restricted stock units granted
5,935 RSUs
RSUs granted as 30% premium on equity retainer election
Retainer fees taken in equity
$57,151
Director elected to receive this portion of fiscal 2027 retainer in stock
Per share value for awards
$9.63 per share
Closing price of common stock on grant date used to size awards
RSU premium on fees
30% premium
RSUs represent a 30% premium on retainer fees elected as equity
Fiscal year end
January 31, 2027
Retainer fees relate to fiscal year ending January 31, 2027
Key Terms
restricted stock, restricted stock units ("RSUs"), retainer fees, vesting, +1 more
5 terms
restricted stock financial
"The reporting person was granted restricted stock in lieu of a portion of his retainer fees"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
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.
retainer fees financial
"elect to receive $57,151 of his remaining fiscal year 2027 retainer fees in the form of the Issuer's common stock"
vesting financial
"The restricted stock vests on the first anniversary of the date of grant; provided, that the reporting person's service as a director is not terminated for cause"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service financial
"The RSUs vest on the first anniversary of the date of grant; provided, that the reporting person remains in continuous service through the vesting date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Lakeland Industries (LAKE) director Lee D. Rudow receive?
Lee D. Rudow received restricted stock and restricted stock units as compensation. He was granted 1,780 shares of restricted common stock and 5,935 restricted stock units, both tied to his director retainer fees and subject to one-year vesting conditions.
How much of his Lakeland Industries (LAKE) retainer did Rudow take in stock?
Rudow elected to receive $57,151 of his remaining fiscal 2027 director retainer fees in Lakeland Industries common stock. This amount was converted into restricted shares using a per share value of $9.63, the closing price on the grant date.
What are the vesting terms for Rudow’s Lakeland Industries (LAKE) restricted stock and RSUs?
Both the restricted stock and RSUs vest on the first anniversary of the grant date. Vesting requires that Rudow remain in continuous service as a director and that his service is not terminated for cause before the scheduled vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
