Kidd Melissa 4

What Happened

• Melissa Kidd, a director of Lakeland Industries, received a grant of 7,553 restricted stock units (RSUs) on 2026-06-16. The RSUs have no immediate cash value and represent a contingent right to receive one share per RSU upon vesting.
• On 2026-06-12, 2,445 shares were disposed (code F) at $10.98 per share to satisfy a tax liability, resulting in proceeds of about $26,846. This type of disposition is a routine tax-withholding action tied to equity awards, not an independent market sale.

Key Details

• Grant: 7,553 RSUs on 2026-06-16; reported acquisition (code A); reported value $0 at grant.
• Tax withholding: 2,445 shares disposed on 2026-06-12 at $10.98 each; total ~$26,846 (code F).
• Shares owned after the transactions: not specified in the filing.
• Footnote: RSUs vest on the first anniversary of the grant date provided the reporting person remains in continuous service (see F1).
• Filing: Report filed 2026-06-16 reporting a 2026-06-12 disposition and a 2026-06-16 grant; no late-filing flag is indicated in the filing.
• Exhibit noted: Exhibit 24 — Power of Attorney.

Context

• RSUs are a promise to deliver shares in the future if vesting conditions are met; they do not represent immediate, free-trading shares until vested and delivered.
• The 2,445-share disposition coded F indicates shares were surrendered to cover taxes on an equity award (a routine, non-dispositive signal about sentiment).