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  4. [Form 4] LAKELAND INDUSTRIES INC Insider Trading Activity

Lakeland Industries (LAKE) director takes fees as stock awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

Positive

  • None.

Negative

  • None.
Insider Rudow Lee D.
Role null
Type Security Shares Price Value
Grant/Award Common Stock, par value $.01 per share 5,935 $0.00 --
Grant/Award Common Stock, par value $.01 per share 1,780 $0.00 --
Holdings After Transaction: Common Stock, par value $.01 per share — 8,235 shares (Direct, null)
Footnotes (1)
  1. 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. 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.
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
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"
Form 4 Insider Transactions: What Each Field Means →
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*
Rudow Lee D.
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026		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 share05/06/2026A5,935(1)A$08,235D
Common Stock, par value $.01 per share05/06/2026A1,780(2)A$010,015D
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 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.
2. 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.
/s/ J. Calven Swinea, Jr., by power of attorney05/08/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

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.

How were the number of Lakeland Industries (LAKE) restricted shares and RSUs calculated?

The award sizes were based on Lakeland Industries’ common stock closing price of $9.63 on the grant date. Both the 1,780 restricted shares and the 5,935 restricted stock units were determined using this per share value for converting Rudow’s elected retainer fees into equity.

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.

Why did Lakeland Industries (LAKE) grant Rudow restricted stock units with a 30% premium?

The RSUs represent a 30% premium on the retainer fees Rudow chose to receive in equity instead of cash. This premium is an additional equity incentive, delivered as 5,935 restricted stock units, and is subject to the same one-year service-based vesting requirement.