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Form 4 filed for LAKELAND INDUSTRIES INC (LAKE) reporting person: Nikki Hamblin. The filing reports equity awards granted on 08/01/2025 as compensation for director retainer fees.
Table I shows an acquisition (Code A) of 2,987 shares of restricted common stock and an acquisition of 896 restricted stock units (RSUs). Footnotes state Ms. Hamblin elected to receive $39,875 of her remaining fiscal year 2026 retainer in common stock based on a per-share value of $13.35, and the RSUs represent a 30% premium on the equity election amount. The restricted stock and RSUs vest on the first anniversary of the grant, subject to continued service and termination-for-cause provisions.
The form is signed by Roger D. Shannon by power of attorney on 08/05/2025.
What happened: Laurel A. Yartz, the Chief Human Resources Officer of Lakeland Industries (LAKE), reported a transaction on 08/01/2025 acquiring 902 shares of the company's common stock at a reported price of $13.35 per share. After the transaction: her direct holdings are reported as 14,476 shares. The Form 4 bears a signature executed by Roger D. Shannon by power of attorney.
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.