Jenkins James M. 4

What Happened

• James M. Jenkins, President, CEO & Executive Chair of Lakeland Industries (LAKE), recorded a disposition of 1,964 shares on Jan 31, 2026. The shares were withheld to satisfy a tax obligation related to an equity award or option exercise (transaction code F). The withholding was calculated at $9.42 per share, totaling $18,501.
• This was a tax-withholding disposition (not an open-market sale). Such withholdings are routine to cover tax liabilities and do not necessarily reflect a decision to liquidate holdings for cash.

Key Details

• Transaction date: 2026-01-31. Filing date (Form 4): 2026-02-03 — filed within the normal reporting window.
• Price per share: $9.42; Shares withheld/disposed: 1,964; Total value: $18,501.
• Transaction code: F — payment of exercise price or tax liability via delivery/withholding of shares.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No indication in the filing that this was under a 10b5-1 plan or that the Form 4 was late.

Context

• For retail investors: tax-withholding dispositions are common after option exercises or restricted stock vesting and are administrative in nature. They differ from open-market sales and generally shouldn't be read as a bullish or bearish signal on their own.