Galvin Robert 4
Research Summary
AI-generated summary
Lands' End (LE) Director Robert Galvin Receives 1,343-Share Award
What Happened
- Robert Galvin, a director of Lands' End, Inc. (LE), was granted 1,343 shares of common stock on 2026-05-01. The shares were valued at $11.40 each, totaling $15,310, and are reported on Form 4 as an acquisition via award/grant (code A). This was a compensation award rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-01; Price per share: $11.40; Total value: $15,310.
- Transaction type/code: Award/Grant (A) — shares issued as director compensation.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Shares were issued under Mr. Galvin’s election under the Lands' End Director Compensation Policy and granted under the Lands' End, Inc. Amended and Restated 2017 Stock Plan.
- Filing timeliness: Form filed 2026-05-05 (4 days after the transaction), which is later than the standard 2-business-day Form 4 deadline.
Context
- This was a routine director compensation grant elected in stock; such awards are common for non-employee directors and generally reflect pay election choices rather than a trading signal. The filing does not indicate any exercise, sale, or gift of shares.