Glavin Martin G 4
Research Summary
AI-generated summary
Lakeland Industries Director Martin G. Glavin Receives RSU Award
What Happened
- Martin G. Glavin, a director of Lakeland Industries, was granted 7,553 restricted stock units (RSUs) on 2026-06-16. The RSUs were awarded at $0.00 per unit (no cash purchase); the immediate reported value is $0.00. This is an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-16; Report filed: 2026-06-16 (timely).
- Award: 7,553 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: Each RSU represents the contingent right to receive one share of common stock upon vesting. The RSUs vest on the first anniversary of the grant date only if the reporting person remains in continuous service through the vesting date.
- Filing accession: 0002020172-26-000004.
Context
- RSUs are a form of equity compensation that convert into actual shares only upon vesting; they do not represent immediately tradable stock and carry no immediate cash value until converted. Awards to directors are common as compensation and do not in themselves indicate a buy or sell signal.