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[Form 4] LANDS' END, INC. Insider Trading Activity

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

Rhea-AI Filing Summary

LANDS' END, INC. Chief Financial Officer and Treasurer Bernard Louis McCracken III reported equity compensation activity in company stock. On March 5, 2026, he acquired 4,921 shares of common stock at $0.00 per share upon determination that performance criteria for performance-based RSUs granted on June 14, 2023 had been met. On the same date, 1,836 shares were disposed of at $16.24 per share, with shares withheld by the issuer to cover his tax withholding obligation from the RSU vesting. After these transactions, he directly owned 33,158 shares of common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
McCRACKEN BERNARD LOUIS III

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

(Street)
DODGEVILLE WI 53595

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LANDS' END, INC. [ LE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO and Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/05/2026 A 4,921(1) A $0 34,994 D
Common Stock 03/05/2026 F 1,836(2) D $16.24 33,158 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares issued upon determination that performance criteria, related to performance-based RSUs awarded on June 14, 2023, had been met.
2. Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs.
/s/ Peter L. Gray as attorney-in-fact for Bernard L. McCracken 03/09/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did LE CFO Bernard McCracken report on March 5, 2026?

Bernard Louis McCracken III reported an RSU-related share acquisition and a tax withholding disposition on March 5, 2026. He acquired 4,921 shares of Lands' End common stock, then 1,836 shares were withheld by the issuer to satisfy tax obligations from that vesting event.

Was the LE Form 4 transaction an open-market buy or sell of shares?

The transactions were not open-market trades. Shares were issued upon vesting of performance-based RSUs after performance criteria were met, and additional shares were withheld by Lands' End to cover the executive’s tax withholding obligation, a common non-cash mechanism for equity compensation.

How many Lands' End shares does the CFO own after these Form 4 transactions?

After the reported transactions, Bernard Louis McCracken III directly owns 33,158 shares of Lands' End common stock. This figure reflects the net position following the RSU-related share issuance and the separate share withholding to satisfy his tax obligations on March 5, 2026.

What triggered the 4,921-share award to Lands' End CFO Bernard McCracken?

The 4,921-share award was triggered when performance criteria tied to performance-based restricted stock units were determined to have been met. These RSUs had originally been granted on June 14, 2023, and the achievement of those specified performance goals led to the share issuance.

Why were 1,836 Lands' End shares disposed of in the Form 4 filing?

The 1,836 shares were withheld by Lands' End to satisfy Bernard McCracken’s tax withholding obligations from the vesting of RSUs. This tax-withholding disposition, coded “F,” represents payment of tax liability by delivering shares back to the issuer rather than a market sale.

What do the Form 4 transaction codes A and F mean in the LE filing?

Code A indicates a grant, award, or other acquisition of securities, here tied to performance-based RSUs vesting. Code F indicates payment of exercise price or tax liability by delivering securities, which in this case reflects shares withheld by Lands' End to cover the executive’s tax obligations.
Lands End Inc

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