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Lands' End (NYSE: LE) executive reports major RSU grant and tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LANDS' END, INC. executive Kym Maas reported equity compensation activity and related tax withholding. On March 23, 2026, Maas received a grant of 26,385 Restricted Stock Units (RSUs), each representing one share of common stock upon vesting. On March 24, 2026, 5,151 RSUs were converted into an equal number of common shares, and 1,807 shares of common stock were withheld by the company at $12.56 per share to cover tax obligations tied to RSU vesting. After these transactions, Maas directly held 18,949 shares of common stock and 64,237 RSUs, which are scheduled to vest in multiple installments between 2026 and 2029, subject to continued service.

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Insider Maas Kym
Role President, LE Consumer & CCO
Type Security Shares Price Value
Exercise Restricted Stock Units 5,151 $0.00 --
Exercise Common Stock 5,151 $0.00 --
Tax Withholding Common Stock 1,807 $12.56 $23K
Grant/Award Restricted Stock Units 26,385 $0.00 --
Holdings After Transaction: Restricted Stock Units — 64,237 shares (Direct); Common Stock — 20,756 shares (Direct)
Footnotes (1)
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions. Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs. These are time-based RSUs that will vest, subject to satisfaction of vesting conditions including a continuous business relationship, in three annual installments on March 23, 2027 (25%), March 23, 2028 (25%) and March 23, 2029 (50%). This RSU award was granted on March 24, 2025, with vesting in three installments on March 24, 2026 (25%), March 24, 2027 (25%) and March 24, 2028 (50%). Of the total number of RSUs, 11,124 RSUs will vest on June 14, 2026; 3,758 RSUs will vest on April 1, 2026 and 7,515 RSUs will vest on April 1, 2027; 5,152 RSUs will vest on March 24, 2027 and 10,303 RSUs will vest on March 24, 2028; and 6,596 will vest on March 23, 2027, 6,596 will vest on March 23, 2028 and 13,193 will vest on March 23, 2029; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.
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*
Maas Kym

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, LE Consumer & CCO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026
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 Stock03/24/2026M5,151A$0(1)20,756D
Common Stock03/24/2026F1,807(2)D$12.5618,949D
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
Restricted Stock Units$0(1)03/23/2026A26,385 (3) (3)Common Stock26,385$069,388D
Restricted Stock Units$0(1)03/24/2026M5,151 (4) (4)Common Stock5,151$064,237(5)D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
2. Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs.
3. These are time-based RSUs that will vest, subject to satisfaction of vesting conditions including a continuous business relationship, in three annual installments on March 23, 2027 (25%), March 23, 2028 (25%) and March 23, 2029 (50%).
4. This RSU award was granted on March 24, 2025, with vesting in three installments on March 24, 2026 (25%), March 24, 2027 (25%) and March 24, 2028 (50%).
5. Of the total number of RSUs, 11,124 RSUs will vest on June 14, 2026; 3,758 RSUs will vest on April 1, 2026 and 7,515 RSUs will vest on April 1, 2027; 5,152 RSUs will vest on March 24, 2027 and 10,303 RSUs will vest on March 24, 2028; and 6,596 will vest on March 23, 2027, 6,596 will vest on March 23, 2028 and 13,193 will vest on March 23, 2029; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.
/s/ Peter L. Gray as attorney-in-fact for Kym Maas03/25/2026
** 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 equity compensation did Kym Maas report in Lands' End (LE) Form 4?

Kym Maas reported receiving a grant of 26,385 Restricted Stock Units (RSUs). Each RSU represents a right to receive one share of Lands' End common stock when vesting conditions, including continuous service, are satisfied over several future dates.

How many Lands' End (LE) shares were issued and withheld for taxes in this Form 4?

On March 24, 2026, 5,151 RSUs converted into 5,151 common shares, and 1,807 shares were withheld by Lands' End at $12.56 per share to satisfy Maas’s tax withholding obligation related to RSU vesting.

What are Kym Maas’s reported holdings in Lands' End (LE) after these transactions?

Following the reported transactions, Kym Maas directly held 18,949 shares of common stock and 64,237 RSUs. The RSUs represent additional potential shares that may be delivered if the specified vesting and continuous service conditions are met.

Over what period will Kym Maas’s Lands' End (LE) RSUs vest?

The filing states that Maas’s RSUs will vest in multiple installments between 2026 and 2029. Vesting is time-based and depends on satisfying conditions such as maintaining a continuous business relationship with Lands' End.

Does this Lands' End (LE) Form 4 show open-market buying or selling by Kym Maas?

The transactions reflect RSU grants, conversions, and tax withholding, not open-market purchases or sales. Shares withheld under code F were used to cover tax obligations from RSU vesting rather than discretionary selling in the market.

What does transaction code F mean in the Lands' End (LE) Form 4 for Kym Maas?

Transaction code F in this Form 4 indicates shares withheld to pay taxes. Specifically, 1,807 common shares were retained by Lands' End to satisfy Maas’s tax liability arising from the vesting of previously granted RSUs.
Lands End Inc

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DODGEVILLE