STOCK TITAN

Lands' End (LE) director tenders 2,966 shares into $45 cash offer

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

LANDS' END, INC. director Robert Galvin reported selling a total of 2,966 shares of common stock at $45.00 per share on April 1, 2026. The sales included 2,548 directly held shares, 152 shares held by a SEP account, and 266 shares held by an IRA.

These transactions were made pursuant to a tender offer by LEWHP, LLC to purchase up to 2,222,222 outstanding Lands' End shares at $45.00 per share in cash. Following the transactions, Galvin continued to hold 30,979 shares directly, as well as additional indirect holdings in the SEP and IRA accounts.

Positive

  • None.

Negative

  • None.
Insider Galvin Robert
Role Director
Sold 2,966 shs ($133K)
Type Security Shares Price Value
Sale Common Stock 2,548 $45.00 $115K
Sale Common Stock 266 $45.00 $12K
Sale Common Stock 152 $45.00 $7K
Holdings After Transaction: Common Stock — 30,979 shares (Direct); Common Stock — 3,234 shares (Indirect, By IRA)
Footnotes (1)
  1. [object Object]
Total shares sold 2,966 shares Common stock sold on April 1, 2026
Sale price $45.00 per share Consideration for each tendered share
Direct shares sold 2,548 shares Directly held common stock sold by Galvin
Direct shares after sale 30,979 shares Direct ownership following transaction
SEP shares after sale 1,848 shares Indirect holdings by SEP after tender
IRA shares after sale 3,234 shares Indirect holdings by IRA after tender
Tender offer size 2,222,222 shares Maximum Lands' End shares LEWHP, LLC offered to buy
tender offer financial
"Shares sold pursuant to the tender offer by LEWHP, LLC, a wholly owned indirect subsidiary"
A tender offer is a proposal made by a person or company to buy shares from existing shareholders at a set price, usually higher than the current market value, within a specific time frame. It matters to investors because it can lead to a change in ownership or control of a company, and shareholders must decide whether to sell their shares at the offered price.
Offer to Purchase financial
"upon the terms and subject to the conditions set forth in the Offer to Purchase, dated February 26, 2026"
An offer to purchase is a formal proposal from one party to buy a specific amount of shares or assets from another party at a set price. It matters to investors because it signals interest in acquiring ownership and can influence the value or control of a company. Think of it as someone putting forward a clear, serious offer to buy something they find valuable.
Letter of Transmittal financial
"and the related Letter of Transmittal."
A letter of transmittal is a written form investors use when sending physical stock certificates or electronic ownership documents to a company or its agent to surrender shares, tender them in an offer, or claim payment or replacement securities. It acts like a packing slip that lists what is enclosed, gives instructions on how the transfer should be handled, and provides proof of the transaction—important for ensuring investors receive the correct payment or new securities without delay or dispute.
SEP financial
"nature_of_ownership: By SEP"
IRA financial
"nature_of_ownership: By IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
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*
Galvin Robert

(Last)(First)(Middle)
5 LANDS' END LANE

(Street)
DODGEVILLE WISCONSIN 53595

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LANDS' END, INC. [ LE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
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 Stock04/01/2026S2,548D$45(1)30,979D
Common Stock04/01/2026S266D$45(1)3,234IBy IRA
Common Stock04/01/2026S152D$45(1)1,848IBy SEP
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. Shares sold pursuant to the tender offer by LEWHP, LLC, a wholly owned indirect subsidiary of WH Topco, L.P., to purchase up to 2,222,222 of the outstanding shares of common stock of the Registrant, in exchange for $45.00 per share in cash, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated February 26, 2026 (as amended), and the related Letter of Transmittal.
/s/ Peter L. Gray, as Attorney-in-Fact for Robert Galvin04/06/2026
** 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 insider transaction did Lands' End (LE) director Robert Galvin report?

Robert Galvin reported selling a total of 2,966 shares of Lands' End common stock. The shares were sold at $45.00 each on April 1, 2026, through a combination of direct holdings and shares held in SEP and IRA accounts.

At what price were the Lands' End (LE) shares sold in this Form 4 filing?

All reported shares were sold at $45.00 per share. This price matched the cash consideration offered in a tender offer by LEWHP, LLC for Lands' End common stock, as described in the filing footnote referencing the Offer to Purchase.

How many Lands' End (LE) shares did Robert Galvin sell from his direct holdings?

From his directly held shares, Robert Galvin sold 2,548 shares of Lands' End common stock. After this transaction, his direct ownership position increased to 30,979 shares, according to the post-transaction holdings reported in the Form 4 filing.

What are Robert Galvin’s remaining Lands' End (LE) shareholdings after these sales?

After the reported sales, Robert Galvin held 30,979 Lands' End shares directly. He also retained indirect holdings of 1,848 shares in a SEP account and 3,234 shares in an IRA, as shown by the post-transaction balances for each ownership category.

How is the LEWHP, LLC tender offer connected to the Lands' End (LE) insider sales?

The filing states the shares were sold pursuant to a tender offer by LEWHP, LLC. This offer sought to purchase up to 2,222,222 outstanding Lands' End shares at $45.00 per share in cash, under the terms described in an Offer to Purchase document.