Lands' End (LE) CDTO James Ferolo Receives RSU Award

What Happened

• James Ferolo, Chief Digital & Technology Officer of Lands' End (LE), was granted 6,893 time‑based restricted stock units (RSUs) on September 8, 2026. The award was recorded at $0.00 per unit (no cash paid) and is reported as a derivative award (code A).

Key Details

• Transaction date: 2026-09-08; Filing date: 2026-09-10.
• Award: 6,893 RSUs; reported acquisition price: $0.00; total reported value at grant: $0.
• Vesting schedule (footnote): 25% on Sept 8, 2027; 25% on Sept 8, 2028; 50% on Sept 8, 2029, subject to continued service and other vesting conditions. Each RSU converts to one share upon vesting.
• Shares owned after transaction: not stated in this filing.
• This is a standard compensation grant (award), not an open‑market purchase or sale.

Context

• RSU grants are common executive compensation and do not represent an immediate cash purchase or sale. They only convert to actual shares if vesting conditions are met, so they are generally less informative about short‑term insider sentiment than open‑market buys or sells.