Lakeland Industries director awarded 7,553 RSUs
Lakeland Industries director Ronald N. Herring Jr. reported routine equity compensation and related tax withholding transactions in Common Stock.
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Rhea-AI Filing Summary
Lakeland Industries director Ronald N. Herring Jr. reported routine equity compensation and related tax withholding transactions in Common Stock.
He was granted 7,553 restricted stock units (RSUs) on Common Stock at no cost. Each RSU represents one share and vests on the first anniversary of the grant date, provided he remains in continuous service. Separately, 734 shares were withheld at $10.98 per share to cover tax obligations, a non-market disposition. Following these transactions, he holds 19,445 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 7,553 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $.01 per share | 734 | $10.98 | $8K |
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 on the first anniversary of the date of grant; provided, that the reporting person remains in continuous service through the vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
tax-withholding disposition financial
continuous service financial
FAQ
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When do Ronald Herring's 7,553 Lakeland RSUs vest?
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