STOCK TITAN

Equity award: Lakeland Industries (LAKE) grants 5,910 RSUs to officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rae Kevin reported acquisition or exercise transactions in this Form 4 filing.

Lakeland Industries officer Kevin Rae received a grant of 5,910 restricted stock units, each representing one share of common stock at no purchase price. The RSUs vest in three equal installments: one-third on the first anniversary of grant, one-third on January 31, 2028, and one-third on January 31, 2029, contingent on continued service. Following this award, Rae directly holds 53,874 shares of common stock.

Positive

  • None.

Negative

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Insider Rae Kevin
Role See Remarks
Type Security Shares Price Value
Grant/Award Common Stock, par value $.01 per share 5,910 $0.00 --
Holdings After Transaction: Common Stock, par value $.01 per share — 53,874 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 5,910 RSUs Grant of restricted stock units to Kevin Rae
Shares after transaction 53,874 shares Direct common stock holdings after RSU grant
RSU grant price $0.0000 per share No purchase price for awarded RSUs
First vesting 1/3 of 5,910 RSUs Vests on first anniversary of grant date
Second vesting date January 31, 2028 Additional one-third of RSUs vest
Final vesting date January 31, 2029 Remaining one-third of RSUs vest
restricted stock units ("RSUs") financial
"The reporting person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of common stock"
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.
contingent right financial
"RSUs, which represent a contingent right to receive one share of common stock"
vest financial
"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"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continuous service financial
"provided, however, that the reporting person remains in continuous service through the vesting date"
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*
Rae Kevin

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
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 share05/27/2026A5,910(1)A$053,874D
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 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.
Remarks:
Executive Vice President of Europe, Middle East and Africa Fire Sales
/s/ J. Calven Swinea, Jr., by power of attorney05/29/2026
** 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)

FAQ

What did the Lakeland Industries (LAKE) Form 4 report for Kevin Rae?

The Form 4 reports a grant of 5,910 restricted stock units to officer Kevin Rae. These RSUs are equity compensation, each representing one share of common stock, and were awarded at no purchase price, increasing his direct holdings to 53,874 shares after the grant.

How many Lakeland Industries (LAKE) shares does Kevin Rae hold after this RSU grant?

After the RSU grant, Kevin Rae directly holds 53,874 Lakeland Industries shares. This total reflects his position following the award of 5,910 restricted stock units reported in the Form 4, highlighting his continuing equity stake in the company.

What is the vesting schedule for Kevin Rae’s Lakeland Industries (LAKE) RSUs?

The 5,910 RSUs vest in three equal installments over several years. One-third vests on the first anniversary of the grant date, another third on January 31, 2028, and the final third on January 31, 2029, assuming continuous service through each vesting date.

Are Kevin Rae’s Lakeland Industries (LAKE) RSUs immediately exercisable or paid in cash?

The RSUs are not immediately exercisable and involve no cash purchase price. Each restricted stock unit represents a contingent right to receive one share of common stock, subject to the multi-year vesting schedule and continued service requirements described in the Form 4 footnote.

Does the Lakeland Industries (LAKE) Form 4 show a stock purchase or sale by Kevin Rae?

The Form 4 shows an equity award, not an open-market purchase or sale. Kevin Rae received 5,910 restricted stock units as a grant, coded as an acquisition (A), reflecting compensation rather than a discretionary market transaction in Lakeland Industries shares.