Rae Kevin 4
4 · LAKELAND INDUSTRIES INC · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Lakeland Industries (LAKE) EVP Kevin Rae Receives RSU Award
What Happened Kevin Rae, Executive Vice President — Europe, Middle East & Africa Fire Sales at Lakeland Industries (LAKE), received a grant of 5,910 restricted stock units (RSUs) on May 27, 2026. The RSUs were granted at $0.00 (an award, not a purchase or sale) and represent a contingent right to receive one share of LAKE common stock per RSU upon vesting.
Key Details
- Transaction date: 2026-05-27; filing date: 2026-05-29 (filed within the typical two-business-day Form 4 window).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 5,910 RSUs; acquisition price: $0.00 (no immediate cash outlay).
- Vesting schedule (per footnote): 1/3 on the first anniversary of grant (around 2027-05-27), 1/3 on January 31, 2028, and 1/3 on January 31, 2029, subject to continuous service through each vesting date.
- Shares owned after transaction: Not specified in the filing.
- No 10b5-1 plan, tax-withholding sale, or exercise indicated in this filing.
Context RSUs are a form of equity compensation that convert into actual shares only when they vest. This award does not involve an immediate purchase or sale of shares and does not by itself indicate a buy/sell signal; it’s compensation tied to continued employment. Upon vesting, each RSU generally becomes one share (and may be taxable at that time).
Insider Transaction Report
- Award
Common Stock, par value $.01 per share
[F1]2026-05-27+5,910→ 53,874 total
Footnotes (1)
- [F1]The reporting person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of common stock, par value $.01 per share, of the issuer for each RSU. The RSUs vest 1/3 on the first anniversary of the date of grant, 1/3 on January 31, 2028 and 1/3 on January 31, 2029; provided, however, that the reporting person remains in continuous service through the vesting date.