Jenkins James M. 4
4 · LAKELAND INDUSTRIES INC · Filed Apr 21, 2026
Research Summary
AI-generated summary of this filing
Lakeland (LAKE) CEO James Jenkins Surrenders 5,052 Shares for Taxes
What Happened
James M. Jenkins, President, CEO & Executive Chair (also a director) of Lakeland Industries, surrendered 5,052 shares on April 17, 2026 to satisfy a tax liability (transaction code F). The shares were valued at $11.20 each, totaling approximately $56,582. This was a disposition to cover taxes, not an open-market sale.
Key Details
- Transaction date: 2026-04-17; Price: $11.20 per share; Shares: 5,052; Value: ~$56,582.
- Transaction code F: payment of exercise price or tax liability (shares withheld/surrendered to satisfy taxes).
- Filing date: 2026-04-21 for a 2026-04-17 transaction — appears to be filed one business day late relative to the usual two-business-day Form 4 deadline.
- Shares owned after transaction: not specified in the information provided.
- Disposition type reported as "Disposed" (company withheld shares rather than an open-market sale).
Context
This appears to be routine tax withholding following an equity event (e.g., option exercise or restricted share vesting). Such share surrenders are common and generally reflect tax obligations rather than a deliberate sell signal; purchases by insiders tend to carry more weight as bullish signals.
Insider Transaction Report
- Tax Payment
Common Stock, par value $.01 per share
2026-04-17$11.20/sh−5,052$56,582→ 85,351.502 total
- 990(indirect: By Spouse)
Common Stock, par value $.01 per share