Tax withholding trims Lakeland (NASDAQ: LAKE) CEO share count
Rhea-AI Filing Summary
Lakeland Industries President, CEO and Executive Chair James M. Jenkins reported a routine tax-related share disposition. On April 15, 2026, 2,197 shares of common stock were withheld at $9.37 per share to cover tax obligations, not sold on the open market. After this, he directly holds about 90,403.502 shares and has an additional 990 shares reported as indirectly owned through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,197 shares
Net Sell
2 txns
Insider
Jenkins James M.
Role
President, CEO & Exec. Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $.01 per share | 2,197 | $9.37 | $21K |
| holding | Common Stock, par value $.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $.01 per share — 90,403.502 shares (Direct);
Common Stock, par value $.01 per share — 990 shares (Indirect, By Spouse)
Key Figures
Tax-withheld shares: 2,197 shares
Tax withholding price: $9.37 per share
Direct holdings after transaction: 90,403.502 shares
+1 more
4 metrics
Tax-withheld shares
2,197 shares
Shares withheld on April 15, 2026 for tax obligations
Tax withholding price
$9.37 per share
Value applied to withheld shares on April 15, 2026
Direct holdings after transaction
90,403.502 shares
Common stock directly owned by Jenkins following tax withholding
Indirect holdings via spouse
990 shares
Common stock reported as indirectly owned, nature: By Spouse
Key Terms
tax-withholding disposition, Common Stock, par value $.01 per share, indirect ownership, transaction code F
4 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "By Spouse""
transaction code F financial
"transaction_code": "F", "transaction_code_description""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did LAKE executive James M. Jenkins report in this Form 4?
James M. Jenkins reported a tax-related share disposition. 2,197 shares of Lakeland Industries common stock were withheld at $9.37 per share to satisfy tax obligations, rather than being sold in the open market.