Director Gordon Hartogensis tenders 752 Lands' End (LE) shares at $45
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LANDS' END, INC. director Gordon Hartogensis reported an insider sale of common stock. He sold 752 shares on April 1, 2026 at $45.00 per share in cash pursuant to a tender offer by LEWHP, LLC. After this transaction, he directly owns 9,142 shares of Lands' End common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 752 shares ($33,840)
Net Sell
1 txn
Insider
Hartogensis Gordon
Role
Director
Sold
752 shs ($34K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 752 | $45.00 | $34K |
Holdings After Transaction:
Common Stock — 9,142 shares (Direct)
Footnotes (1)
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Key Figures
Shares sold: 752 shares
Sale price: $45.00 per share
Shares owned after transaction: 9,142 shares
+1 more
4 metrics
Shares sold
752 shares
Common stock tendered on April 1, 2026
Sale price
$45.00 per share
Cash consideration under tender offer by LEWHP, LLC
Shares owned after transaction
9,142 shares
Direct holdings of Gordon Hartogensis following sale
Tender offer size
2,222,222 shares
Maximum outstanding Lands' End common shares sought in tender offer
Key Terms
tender offer, Offer to Purchase, Letter of Transmittal, outstanding shares of common stock
4 terms
tender offer financial
"Shares sold pursuant to the tender offer by LEWHP, LLC"
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"
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.
FAQ
What insider transaction did Lands' End (LE) director Gordon Hartogensis report?
Director Gordon Hartogensis reported selling 752 shares of Lands' End common stock. The transaction was recorded on April 1, 2026 and involved cash consideration through participation in a tender offer at a fixed price per share.
What tender offer is referenced in the Lands' End (LE) Form 4 filing?
The transaction occurred pursuant to a tender offer by LEWHP, LLC, a wholly owned indirect subsidiary of WH Topco, L.P. The offer sought to purchase up to 2,222,222 outstanding Lands' End common shares for $45.00 per share in cash.
Was the Lands' End (LE) director’s sale an open-market trade or part of a tender offer?
Although coded as a sale, the Form 4 footnote explains the shares were sold under a tender offer by LEWHP, LLC. This means the director tendered shares at a fixed cash price, rather than selling them in ordinary open-market trading.