Maas Kym 4

4 · LANDS' END, INC. · Filed Mar 25, 2026

AI-generated summary of this filing

Updated Mar 25, 2026

LANDS' END (LE) Kym Maas Receives RSUs, Converts 5,151 Shares

What Happened

Kym Maas, President, LE Consumer & CCO, received a grant of 26,385 restricted stock units (RSUs) on March 23, 2026.
On March 24, 2026, 5,151 RSUs were converted/exercised into common shares (conversion/exercise recorded at $0.00 per share). To satisfy tax withholding, 1,807 of those shares were withheld by the issuer at a per-share value of $12.56, totaling $22,696. This was an RSU settlement/tax-withholding event, not an open-market sale or purchase.

Key Details

Transaction dates: RSU grant 2026-03-23; conversion/exercise and withholding 2026-03-24.
Prices/values: conversion/exercise recorded at $0.00 per share; tax withholding 1,807 shares × $12.56 = $22,696.
Shares owned after the transactions: not specified in the filing.
Notable footnotes: RSUs represent contingent rights to shares (F1); shares were withheld to satisfy tax withholding (F2); multiple time-based vesting schedules apply (F3–F5) with installments through 2029.
Filing timeliness: report filed 2026-03-25 for transactions occurring 2026-03-23–24; appears to be filed promptly.

Context

These were RSU awards and settlements (derivative transactions). The conversion was effectively a cashless settlement of RSUs — no cash purchase by the insider and no open-market sale of converted shares (issuer withheld shares to pay taxes).
RSU grants and routine tax withholdings are common compensation events and do not necessarily signal the insider's buying or selling sentiment.

Form 4

Period: 2026-03-23

President, LE Consumer & CCO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-24+5,151→ 20,756 total
Tax Payment
Common Stock
[F2]
2026-03-24$12.56/sh−1,807$22,696→ 18,949 total
Award
Restricted Stock Units
[F1][F3]
2026-03-23+26,385→ 69,388 total
Exercise: $0.00→ Common Stock (26,385 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4][F5]
2026-03-24−5,151→ 64,237 total
Exercise: $0.00→ Common Stock (5,151 underlying)

Footnotes (5)

[F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
[F2]Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs.
[F3]These are time-based RSUs that will vest, subject to satisfaction of vesting conditions including a continuous business relationship, in three annual installments on March 23, 2027 (25%), March 23, 2028 (25%) and March 23, 2029 (50%).
[F4]This RSU award was granted on March 24, 2025, with vesting in three installments on March 24, 2026 (25%), March 24, 2027 (25%) and March 24, 2028 (50%).
[F5]Of the total number of RSUs, 11,124 RSUs will vest on June 14, 2026; 3,758 RSUs will vest on April 1, 2026 and 7,515 RSUs will vest on April 1, 2027; 5,152 RSUs will vest on March 24, 2027 and 10,303 RSUs will vest on March 24, 2028; and 6,596 will vest on March 23, 2027, 6,596 will vest on March 23, 2028 and 13,193 will vest on March 23, 2029; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.

Signature

/s/ Peter L. Gray as attorney-in-fact for Kym Maas|2026-03-25

1 file