4Filed Jul 14, 8:00 PM ET

Lands' End CEO Charlie Cole Receives Equity Awards

$LE · LANDS' END, INC.

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Lands' End CEO Charlie Cole Receives Equity Awards

What Happened Charlie Cole, CEO of Lands' End, was granted two equity awards on July 13, 2026: 109,361 time‑based restricted stock units (RSUs) and a derivative option award covering 166,018 shares. Both items are reported on a Form 4 as acquisitions at $0.00 (typical for compensation grants); these are awards, not open‑market purchases or sales.

Key Details

  • Transaction date: July 13, 2026; Form 4 filed July 15, 2026 (appears timely under the two‑business‑day rule).
  • Awards: 109,361 RSUs (F1) and an option covering 166,018 shares (F2); both reported as Type A (award/grant).
  • Reported price: $0.00 at grant (award value is not shown on the Form 4).
  • Vesting: Both awards vest in three annual installments — 25% on July 13, 2027; 25% on July 13, 2028; and 50% on July 13, 2029 — subject to vesting conditions and acceleration events (per footnotes F1 and F2).
  • Shares owned after the transaction: not provided in the details you supplied.
  • Notes: RSUs represent a contingent right to receive one share per RSU upon vesting. The second grant is an option award that vests over the same schedule (this is a vesting grant, not an exercise).

Context These are compensation grants to the CEO and are typical executive awards tied to continued service and performance/vesting conditions. Because these are awards (not purchases or sales), they signal company compensation decisions rather than an immediate insider market view. They will only convert into shares if/when vesting conditions are satisfied.