Lakeland (LAKE) Director Melissa Kidd Shares Withheld for Taxes (216)

What Happened

• Melissa Kidd, a director of Lakeland Industries, had 216 shares withheld/disposed to satisfy tax obligations related to an equity event. The withholding occurred on 2026-08-01 at an effective price of $11.40 per share, totaling approximately $2,462. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-08-01
• Price per share: $11.40; Shares withheld/disposed: 216; Total value: ~$2,462
• Filing date: 2026-08-04 (filed within the typical 2-business-day Form 4 window)
• Shares owned after transaction: Not specified in the provided filing
• Footnote/transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes), not a market sale or purchase

Context

• This was a tax-withholding disposition (often occurs after option exercises or vested awards). Such withholdings are routine administrative actions to satisfy tax obligations and do not necessarily signal the insider’s view of the company.