Rae Kevin 4

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).