Lands' End (LE) grants new stock options and RSUs to CEO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LANDS' END, INC. reported that CEO Charlie Cole received equity compensation awards on July 13, 2026, consisting of stock options for 166,018 shares of common stock at an exercise price of $11.43 per share, expiring July 13, 2036, and 109,361 time-based restricted stock units.
The options and RSUs vest in three installments: 25% on July 13, 2027, 25% on July 13, 2028, and 50% on July 13, 2029, subject to vesting conditions and potential acceleration events. Each RSU represents a contingent right to receive one share of common stock, and these awards are grants, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cole Charlie
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 109,361 | $0.00 | -- |
| Grant/Award | Employee Stock Option (right to buy) | 166,018 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 109,361 shares (Direct);
Employee Stock Option (right to buy) — 166,018 shares (Direct)
Footnotes (1)
- These are time-based restricted stock units (RSUs) that will vest in three annual installments on July 13, 2027 (25%), July 13, 2028 (25%) and July 13, 2029 (50%), subject to certain vesting conditions and acceleration events. Each RSU represents a contingent right to receive one share of common stock upon satisfaction of the applicable vesting conditions The option will vest in three annual installments on July 13, 2027 (25%), July 13, 2028 (25%) and July 13, 2029 (50%), subject to certain vesting conditions and acceleration events.
Key Figures
Stock options granted: 166,018 shares
Option exercise price: $11.43 per share
RSUs granted: 109,361 units
+4 more
7 metrics
Stock options granted
166,018 shares
Employee stock option grant to CEO on July 13, 2026
Option exercise price
$11.43 per share
Exercise price of employee stock option grant
RSUs granted
109,361 units
Time-based restricted stock units awarded on July 13, 2026
Option expiration date
July 13, 2036
Expiration date of the granted employee stock options
First vesting tranche
25%
Options and RSUs vest 25% on July 13, 2027
Second vesting tranche
25%
Options and RSUs vest 25% on July 13, 2028
Final vesting tranche
50%
Options and RSUs vest 50% on July 13, 2029
Key Terms
Employee Stock Option, Restricted Stock Units, vesting conditions, acceleration events
4 terms
Employee Stock Option financial
"Security title: Employee Stock Option (right to buy) with an exercise price of $11.43"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Restricted Stock Units financial
"These are time-based restricted stock units (RSUs) that will vest in three annual installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting conditions financial
"will vest in three annual installments ... subject to certain vesting conditions and acceleration events"
Vesting conditions are the rules that determine when someone earning company stock or stock options actually gains the right to keep or sell them, typically based on staying with the company for a set time or meeting performance targets. Think of it like keys that unlock gradually — some unlock by calendar date, others only after agreed milestones. Investors care because vesting shapes management incentives, the timing of share sales, and the number of shares that can enter the market, which can affect a company's valuation and ownership mix.
acceleration events financial
"subject to certain vesting conditions and acceleration events"
FAQ
What equity awards did Lands' End (LE) CEO Charlie Cole receive?
CEO Charlie Cole received 166,018 stock options at an exercise price of $11.43 per share and 109,361 restricted stock units (RSUs). Both awards are equity compensation grants, not market purchases, and are tied to future service-based vesting.
How do the new Lands' End (LE) CEO stock options and RSUs vest?
Both the 166,018 options and 109,361 RSUs vest in three installments: 25% on July 13, 2027, 25% on July 13, 2028, and 50% on July 13, 2029. Vesting is subject to specified conditions and potential acceleration events.
When do Charlie Cole’s Lands' End (LE) stock options expire?
The employee stock options granted to CEO Charlie Cole expire on July 13, 2036 and have an exercise price of $11.43 per share. They vest over three years starting in 2027, subject to vesting and potential acceleration events.
Are there any open-market stock purchases or sales in this Lands' End (LE) Form 4?
No. The Form 4 reports grant/award acquisitions only: stock options and RSUs awarded as compensation. There are no open-market purchases or sales, and all reported entries are derivative equity awards with time-based vesting.
What do the restricted stock units granted to the Lands' End (LE) CEO represent?
The 109,361 RSUs granted to the CEO are time-based units, each representing a contingent right to receive one share of common stock upon satisfying vesting conditions. They vest 25%, 25%, and 50% in 2027, 2028, and 2029, respectively.
What type of transactions are shown for Lands' End (LE) CEO Charlie Cole?
The transactions are coded "A" for grant/award acquisitions, covering one stock option grant and one RSU grant. There are no codes for purchases or sales, so the activity reflects new compensation awards rather than trading in existing shares.