Lakeland Industries grants RSUs to officer Rae
Rae Kevin reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 5,910 | $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
continuous service financial
FAQ
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What did the Lakeland Industries (LAKE) Form 4 report for Kevin Rae?
What is the vesting schedule for Kevin Rae’s Lakeland Industries (LAKE) RSUs?
Are Kevin Rae’s Lakeland Industries (LAKE) RSUs immediately exercisable or paid in cash?
Does the Lakeland Industries (LAKE) Form 4 show a stock purchase or sale by Kevin Rae?
AI-generated analysis. How Rhea-AI works. Not financial advice.