Lands' End (LE) Kym Maas Receives RSUs; Shares Withheld for Taxes

What Happened Kym Maas, President, Lands' End Consumer & Chief Commercial Officer, had 11,124 restricted stock units (RSUs convert to shares) vest on June 14, 2026. The RSUs converted at $0.00 per share (no exercise price), and the issuer withheld 3,903 shares to satisfy tax withholding obligations, valued at $12.41 per share for a tax withholding of $48,436. After withholding, Maas received a net 7,221 shares.

Key Details

• Transaction date: June 14, 2026; Form 4 filed June 16, 2026 (timely).
• Conversion/vesting: 11,124 RSUs converted to shares (reported as M / exercise/conversion at $0.00).
• Tax withholding: 3,903 shares withheld by issuer at $12.41 = $48,436 (reported as F).
• Net shares issued to insider: 7,221 shares retained after withholding.
• Footnotes: F1–F3 confirm these were RSUs (one share per RSU) and detail the original grant (granted 6/14/2023 with staged vesting); F4 lists additional future RSU vesting schedules.
• No evidence of open-market buy or sale — this was a vesting event with share-withholding for taxes (routine).

Context This was a routine RSU vesting and share-withholding (a common "sell-to-cover" approach) rather than an open-market sale or purchase. The conversion at $0.00 indicates the shares were issued upon vesting (no cash exercise price). Such filings document compensation-related equity vesting and tax withholding and do not, by themselves, indicate a buy or sell signal.