Lands' End director sells 3,482 shares at $45
LANDS' END, INC. director Josephine Linden reported an open-market style disposition of company stock.
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Form Type
4
Rhea-AI Filing Summary
LANDS' END, INC. director Josephine Linden reported an open-market style disposition of company stock. She sold 3,482 shares of common stock at $45.00 per share in a cash tender offer conducted by LEWHP, LLC, an affiliate of WH Topco, L.P. Following this transaction, she directly holds 42,335 shares of Lands' End common stock.
Insider Trade Summary
Net Seller: 3,482 shares
Net Sell
1 txn
Insider
Linden Josephine
Role
Director
Sold
3,482 shs ($157K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,482 | $45.00 | $157K |
Holdings After Transaction:
Common Stock — 42,335 shares (Direct)
Footnotes (1)
- F1. Shares sold pursuant to the tender offer by LEWHP, LLC, a wholly owned indirect subsidiary of WH Topco, L.P., to purchase up to 2,222,222 of the outstanding shares of common stock of the Registrant, in exchange for $45.00 per share in cash, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated February 26, 2026 (as amended), and the related Letter of Transmittal.
Key Figures
Shares sold: 3,482 shares
Sale price: $45.00 per share
Shares held after transaction: 42,335 shares
+2 more
5 metrics
Shares sold
3,482 shares
Common Stock tendered on 2026-04-01
Sale price
$45.00 per share
Cash consideration in tender offer
Shares held after transaction
42,335 shares
Direct ownership following sale
Net shares sold
3,482 shares
Net-sell direction in transaction summary
Tender offer cap
2,222,222 shares
Maximum outstanding shares sought by LEWHP, LLC
Key Terms
tender offer, Offer to Purchase, Letter of Transmittal, Common Stock, +1 more
5 terms
tender offer financial
"Shares sold pursuant to the tender offer by LEWHP, LLC, a wholly owned indirect subsidiary..."
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
"subject to the conditions set forth in the Offer to Purchase, dated February 26, 2026..."
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.
Common Stock financial
"up to 2,222,222 of the outstanding shares of common stock of the Registrant..."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
tendered financial
"to purchase up to 2,222,222 of the outstanding shares of common stock..."
Tendered means that a shareholder or holder has submitted their shares or securities in response to an offer, such as a buyout bid or exchange proposal. Think of it like handing over your tickets in exchange for cash or new tickets; the number of shares tendered shows how many people accept the deal, which determines whether the offer succeeds and can materially affect the price investors receive and the company’s future control.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Lands' End (LE) director Josephine Linden report?
Director Josephine Linden reported selling 3,482 shares of Lands' End common stock. The sale occurred at $45.00 per share through a tender offer and left her with 42,335 shares directly held after the transaction.
What is the nature of the transaction reported in the Lands' End (LE) Form 4?
The Form 4 reports an open-market sale coded “S,” executed via a tender offer by LEWHP, LLC. The transaction involved exchanging shares for $45.00 in cash per share, subject to the terms and conditions of the Offer to Purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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