Lakeland Industries (LAKE) CEO logs 5,052-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lakeland Industries President, CEO and Executive Chair James M. Jenkins reported a compensation-related share transaction. On April 17, 2026, 5,052 shares of common stock were disposed of at $11.20 per share to satisfy tax obligations. Following this tax-withholding disposition, he directly holds 85,351.502 shares of common stock and has an additional 990 shares reported as indirectly owned through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jenkins James M.
Role
President, CEO & Exec. Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $.01 per share | 5,052 | $11.20 | $57K |
| holding | Common Stock, par value $.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $.01 per share — 85,351.502 shares (Direct, null);
Common Stock, par value $.01 per share — 990 shares (Indirect, By Spouse)
Footnotes (1)
Key Figures
Tax-withholding shares: 5,052 shares
Tax-withholding price: $11.20 per share
Direct holdings after transaction: 85,351.502 shares
+1 more
4 metrics
Tax-withholding shares
5,052 shares
Common stock delivered to satisfy tax obligations at $11.20
Tax-withholding price
$11.20 per share
Value used for payment of exercise price or tax liability
Direct holdings after transaction
85,351.502 shares
Common stock held directly by CEO after tax-withholding disposition
Indirect spouse holdings
990 shares
Common stock reported as indirectly owned by spouse
Key Terms
tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Common Stock, par value $.01 per share
3 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did LAKE’s CEO report on this Form 4?
Lakeland Industries CEO James M. Jenkins reported a tax-related share disposition. On 17 April 2026, 5,052 common shares were delivered at $11.20 each to cover tax obligations tied to his equity compensation.
Was the LAKE CEO’s Form 4 transaction an open-market sale?
No, the filing classifies the CEO’s disposition as a tax-withholding event. Shares were delivered at $11.20 each to pay an exercise price or tax liability, rather than being sold in an open-market trade.
What does the indirect ownership in the LAKE Form 4 represent?
The Form 4 shows 990 Lakeland Industries common shares as indirectly owned by the CEO. These shares are reported as held "By Spouse," indicating they are attributed through his spouse rather than held directly.