Glavin Martin G 4

4 · LAKELAND INDUSTRIES INC · Filed May 8, 2026

AI-generated summary of this filing

Updated May 8, 2026

Lakeland Industries Director Martin G. Glavin Receives Equity Award

What Happened

Martin G. Glavin, a director of Lakeland Industries, received equity awards on 2026-05-06 consisting of 7,009 restricted shares and 2,103 restricted stock units (RSUs). The Form 4 reports acquisition code A and lists $0.00 per share on the form, while the company notes a per-share value of $9.63 (closing price on the grant date), implying an aggregate grant value of roughly $87,750. The restricted stock and RSUs vest on the first anniversary of the grant date, subject to continued service (and in the case of the restricted stock, not being terminated for cause).

Key Details

Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (timely).
Reported on Form 4 as grants (code A); Form price shown as $0.00, company footnote values shares at $9.63 each.
Shares/units granted: 7,009 restricted shares + 2,103 RSUs = 9,112 total.
Approximate grant value at $9.63/share: ~$87,750.
Shares/RSUs vest on the first anniversary of the grant, contingent on continued service; RSUs convert to one share each upon settlement.
Shares owned after the transaction: not specified in the provided filing.

Context

These grants are compensation (retainer converted to equity plus a 30% RSU premium) rather than open-market purchases or sales, so they reflect compensation policy rather than an immediate market bet. The RSUs are a contingent right to receive shares at vesting; they are not immediately tradable.

Form 4

Period: 2026-05-06

Director

Transactions

Award
Common Stock, par value $.01 per share
[F1]
2026-05-06+7,009→ 30,167 total
Award
Common Stock, par value $.01 per share
[F2]
2026-05-06+2,103→ 32,270 total

Footnotes (2)

[F1]The reporting person was granted restricted stock in lieu of a portion of his retainer fees for the remainder of the fiscal year ending January 31, 2027. The reporting person elected to receive $67,500 of his remaining fiscal year 2027 retainer fees in the form of the Issuer's common stock, par value $0.01 per share ("Common Stock"). The number of shares of restricted stock granted is based on a per share value of $9.63, the closing price of the Common Stock on the date of grant. The restricted stock vests on the first anniversary of the date of grant; provided, that the reporting person's service as a director is not terminated for cause prior to the vesting date.
[F2]The reporting person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock. These RSUs represent a 30% premium on the amount of retainer fees the reporting person has elected to receive in the form of equity in lieu of cash, as explained in the first footnote above. The number of RSUs granted is based on a per share value of $9.63, the closing price of the Common Stock on the date of grant. The RSUs vest on the first anniversary of the date of grant; provided, that the reporting person remains in continuous service through the vesting date.

Signature

/s/ J. Calven Swinea, Jr., by power of attorney|2026-05-08

2 files