Lakeland Industries CFO receives 9,175 RSUs
Lakeland Industries reported that CFO and Secretary James Calven Swinea Jr. received a grant of 9,175 shares of common stock as a stock-based award.
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Rhea-AI Filing Summary
Lakeland Industries reported that CFO and Secretary James Calven Swinea Jr. received a grant of 9,175 shares of common stock as a stock-based award. His direct holdings increased to 16,133 shares after the transaction. The award is structured as restricted stock units that convert into shares as they vest.
The RSUs vest in three equal installments: one-third on the first anniversary of the grant date, one-third on January 31, 2028, and one-third on January 31, 2029, provided he remains in continuous service through each vesting date. No open‑market share purchases or sales were reported in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 9,175 | $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
FAQ
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