Lakeland Industries director granted 7,553 RSUs
Lakeland Industries director Jeffrey T. Schlarbaum reported routine equity compensation and related tax withholding.
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Rhea-AI Filing Summary
Lakeland Industries director Jeffrey T. Schlarbaum reported routine equity compensation and related tax withholding. He was granted 7,553 restricted stock units (RSUs), each representing the right to receive one share of common stock, which vest on the first anniversary of the grant if he remains in continuous service.
A few days earlier, 3,156 shares of common stock were withheld at $10.98 per share to satisfy tax obligations, a non-market disposition. After these transactions, Schlarbaum directly holds 31,176 shares of Lakeland Industries common stock.
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 | 3,156 | $10.98 | $35K |
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
Grant, award, or other acquisition financial
contingent right financial
vest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did LAKELAND INDUSTRIES INC (LAKE) report for Jeffrey Schlarbaum?
How many RSUs were granted to Jeffrey Schlarbaum by Lakeland Industries (LAKE)?
When do Jeffrey Schlarbaum’s Lakeland Industries RSUs vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.