Director Robert Galvin takes Lands' End (LE) fees in 1,343 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Galvin Robert reported acquisition or exercise transactions in this Form 4 filing.
LANDS' END, INC. director Robert Galvin received a grant of common stock as part of his board compensation. He was awarded 1,343 shares of Lands' End common stock at $11.40 per share, taken in stock instead of cash fees under the company’s Director Compensation Policy and issued under the Amended and Restated 2017 Stock Plan. After this grant, he directly holds 32,322 shares of common stock, with additional indirect holdings in retirement-related accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Galvin Robert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,343 | $11.40 | $15K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 32,322 shares (Direct, null);
Common Stock — 3,234 shares (Indirect, By IRA)
Footnotes (1)
- [object Object]
Key Figures
Director stock grant: 1,343 shares
Grant valuation price: $11.40 per share
Direct holdings after grant: 32,322 shares
+2 more
5 metrics
Director stock grant
1,343 shares
Common Stock grant as director compensation
Grant valuation price
$11.40 per share
Value assigned to 1,343-share grant
Direct holdings after grant
32,322 shares
Common Stock held directly by Robert Galvin
Indirect SEP holdings
1,848 shares
Common Stock held indirectly by SEP
Indirect IRA holdings
3,234 shares
Common Stock held indirectly by IRA
Key Terms
Director Compensation Policy, Amended and Restated 2017 Stock Plan, SEP, IRA
4 terms
Director Compensation Policy financial
"pursuant to his election under the Lands' End, Inc. Director Compensation Policy to receive a portion"
Amended and Restated 2017 Stock Plan financial
"Such shares were issued under the Lands' End, Inc. Amended and Restated 2017 Stock Plan"
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.
FAQ
What insider transaction did Robert Galvin report at Lands' End (LE)?
Robert Galvin reported receiving 1,343 shares of Lands' End common stock as a grant at $11.40 per share. The award represents director compensation taken in stock rather than cash under the company’s Director Compensation Policy and 2017 Stock Plan.
Was the Lands' End (LE) Form 4 transaction a market purchase or sale?
The Form 4 for Lands' End (LE) shows a grant of 1,343 shares, not an open-market purchase or sale. The shares were issued as director compensation in lieu of cash fees, so it is a compensation-related acquisition rather than a trading decision.
What price was used for Robert Galvin’s Lands' End (LE) stock grant?
The grant to Robert Galvin was valued at $11.40 per share for 1,343 shares of Lands' End common stock. This price is used to quantify the director stock compensation taken in shares instead of receiving the equivalent portion of fees in cash.
How was the director compensation structured in this Lands' End (LE) filing?
Under the Lands' End Director Compensation Policy, Robert Galvin elected to receive part of his fees in stock. He was granted 1,343 shares at $11.40 per share, issued under the Amended and Restated 2017 Stock Plan instead of receiving that portion of compensation in cash.