Maas Kym 4
4 · LANDS' END, INC. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-06-14+11,124→ 39,609 total - Tax Payment
Common Stock
[F2]2026-06-14$12.41/sh−3,903$48,436→ 35,706 total - Exercise/Conversion
Restricted Stock Units
[F1][F3][F4]2026-06-14−11,124→ 62,505 totalExercise: $0.00→ Common Stock (11,124 underlying)
Footnotes (4)
- [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]This RSU award was granted on June 14, 2023, with vesting in three installments on June 14, 2024 (25%), June 14, 2025 (25%) and June 14, 2026 (50%).
- [F4]Of the total number of RSUs, 7,515 shares will vest on April 1, 2027; 5,152 shares will vest on March 24, 2027 and 10,303 shares will vest on March 24, 2028; 6,596 shares will vest on March 23, 2027, 6,596 shares will vest on March 23, 2028 and 13,193 shares will vest on March 23, 2029; and 6,575 shares will vest on April 1, 2027 and 6,575 shares will vest on December 31, 2027, subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship through the applicable vesting date.