Lakeland CEO Shows Confidence: Increases Stake with Fresh Stock Purchase
Rhea-AI Filing Summary
James M. Jenkins, President, CEO & Executive Chair of Lakeland Industries, has reported a significant insider purchase of company shares. On June 18, 2025, Jenkins acquired 1,000 shares of common stock at a price of $13.14 per share, representing a total investment of $13,140.
Following this transaction, Jenkins now directly owns 97,272 shares of Lakeland Industries common stock. Additionally, he has indirect ownership of 990 shares through his spouse. This insider purchase demonstrates confidence in the company's future prospects from its top executive.
The Form 4 filing was submitted by Roger D. Shannon through power of attorney on June 20, 2025. Jenkins serves multiple leadership roles at Lakeland Industries, including Director, President, CEO, and Executive Chair, making this transaction particularly noteworthy for investors monitoring insider trading patterns.
Positive
- CEO James Jenkins purchased 1,000 shares at $13.14 per share in an open market transaction, demonstrating insider confidence
Negative
- None.