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Lakeland Industries (LAKE) investor reports 13.37% beneficial stake in shares

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Royce & Associates, a New York corporation, reports beneficial ownership of 1,319,086 shares of Lakeland Industries, Inc. common stock under Schedule 13G/A. This represents 13.37% of the class as of June 30, 2026.

Royce & Associates has sole voting power and sole dispositive power over all 1,319,086 shares, with no shared voting or dispositive power. The shares are held in investment management client accounts in the ordinary course of business, and the position is certified as not intended to change or influence control of Lakeland Industries.

The securities are managed by Royce & Associates, LP, an indirect majority-owned subsidiary of Franklin Resources, Inc. Internal policies create informational barriers so voting and investment decisions are exercised independently from Franklin Resources and its other affiliates. Royce & Associates disclaims any pecuniary interest and any broader group status or beneficial ownership attribution beyond its investment-management role.

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Beneficially owned shares 1,319,086 shares Common stock of Lakeland Industries, Inc. as of June 30, 2026
Percent of class 13.37% Ownership percentage of Lakeland Industries common stock
Sole voting power 1,319,086 shares Shares for which Royce & Associates can vote or direct the vote
Sole dispositive power 1,319,086 shares Shares for which Royce & Associates can dispose or direct disposition
beneficial owner financial
"may be deemed to be the beneficial owner of the securities reported"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power financial
"Sole power to vote or to direct the vote: 1319086.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 1319086.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
ordinary course of business financial
"securities referred to above were acquired and are held in the ordinary course of business"
The ordinary course of business means the regular, routine activities a company carries out to operate day-to-day — sales, payroll, supplier orders, customer service and similar predictable tasks. For investors, distinguishing these normal activities from unusual transactions is important because routine actions signal steady operations and predictable cash flow, while departures from the ordinary course (like one‑off deals or emergency costs) can indicate added risk or one-time impacts to earnings, much like household chores versus a sudden home renovation.
pecuniary interest financial
"RALP disclaims any pecuniary interest in any of the securities reported"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How large is Royce & Associates' ownership stake in Lakeland Industries (LAKE)?

Royce & Associates reports beneficial ownership of 1,319,086 shares of Lakeland Industries common stock, representing 13.37% of the class as of June 30, 2026. This makes it a significant institutional shareholder under Section 13 reporting rules.

What voting power does Royce & Associates have over its LAKE shares?

Royce & Associates has sole voting power over 1,319,086 shares of Lakeland Industries and no shared voting power. It also has sole dispositive power over the same number of shares, meaning it alone directs how these shares are voted and disposed of.

Is Royce & Associates’ LAKE position intended to influence control of the company?

No. Royce & Associates certifies the LAKE shares were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control, nor in connection with any transaction having that purpose or effect.

Who ultimately benefits from Royce & Associates’ 13.37% stake in LAKE?

The beneficial ownership is attributed to one or more investment management clients of Royce & Associates, including registered investment companies and other managed accounts. Royce & Associates disclaims any pecuniary interest in the LAKE securities beyond its investment-management role.





511795106

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



ROYCE & ASSOCIATES LP
Signature:Daniel A. O'Byrne
Name/Title:Vice President
Date:07/22/2026
Exhibit Information

The securities reported herein are beneficially owned by one or more registered investment companies or other managed accounts that are investment management clients of Royce & Associates, LP ("RALP"), an indirect majority owned subsidiary of Franklin Resources, Inc.("FRI"). When an investment management contract (including a sub advisory agreement) delegates to RALP investment discretion or voting power over the securities held in the investment advisory accounts that are subject to that agreement, FRI treats RALP as having sole investment discretion or voting authority, as the case may be, unless the agreement specifies otherwise. Accordingly, RALP reports on Schedule 13G that it has sole investment discretion and voting authority over the securities covered by any such investment managementagreement, unless otherwise noted in this Item 4. As a result, for purposes of Rule 13d 3 under the Act, RALP may be deemed to be the beneficial owner of the securities reported in this Schedule 13G. Beneficial ownership by investment management subsidiaries and other affiliates of FRI is being reported in conformity with the guidelines articulated by the SEC staff in Release No. 3439538 (January 12, 1998) relating to organizations, such as FRI, where related entities exercise voting and investment powers over the securities being reported independently from eachother. The voting and investment powers held by RALP are exercised independently from FRI(RALP's parent holding company) and from all other investment management subsidiaries of FRI (FRI, its affiliates and investment management subsidiaries other than RALP are, collectively, "FRI affiliates"). Furthermore, internal policies and procedures of RALP and FRI affiliates establish informational barriers that prevent the flow between RALP and the FRI affiliates of information that relates to the voting and investment powers over the securities owned by their respective investment management clients. Consequently, RALP and the FRI affiliates report the securities over which they hold investment and voting power separately from each other for purposes of Section 13 of the Act. Charles B. Johnson and Rupert H. Johnson, Jr. (the "Principal Shareholders") may each own in excess of 10% of the outstanding common stock of FRI and are the principal stockholders of FRI (see FRI's Proxy Statement-Stock Ownership of Certain Beneficial Owners). However, because RALP exercises voting and investment powers on behalf of its investment management clients independently of FRI affiliates, beneficial ownership of the securities reported by RALP is not attributed to the Principal Shareholders. RALP disclaims any pecuniary interest in any of the securities reported in this Schedule 13G. In addition, the filing of this Schedule 13G on behalf of RALP should not be construed as an admission that it is, and it disclaims that it is, the beneficial owner, as defined in Rule 13d 3, of any of such securities. Furthermore, RALP believes that it is not a "group" with FRI affiliates, the Principal Shareholders, or their respective affiliates within the meaning of Rule 13d 5 under the Act and that none of them is otherwise required to attribute to any other the beneficial ownership of the securities held by such person or by any persons or entities for whom or for which RALP or the FRI affiliates provide investment management services.