Swinea James Calven Jr. 4

What Happened

• Swinea James Calven Jr., Lakeland Industries' CFO and Secretary, was granted 9,175 restricted stock units (RSUs) on May 27, 2026. The Form 4 reports the acquisition at $0.00 (award/grant), meaning no cash was paid by the insider for these units. This is a grant of compensation rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (appears timely — within two business days).
• Transaction type/code: A — Award/Grant of RSUs.
• Amount granted: 9,175 RSUs; reported price: $0.00 (no cash paid).
• Shares owned after transaction: Not stated in the provided filing excerpt.
• Footnote: RSUs represent a contingent right to one share per RSU. Vesting: 1/3 on the first anniversary of the grant date, 1/3 on Jan 31, 2028, and 1/3 on Jan 31, 2029, subject to continued service.

Context

• RSUs are a form of equity compensation that convert into common shares when they vest; they do not reflect an immediate market buy or sell and are typically part of executive pay. Grants like this are routine and do not by themselves indicate insider sentiment to buy or sell stock.