Lakeland Industries (LAKE) director granted 7,553 RSUs in stock
Rhea-AI Filing Summary
Lakeland Industries director Ronald N. Herring Jr. reported routine equity compensation and related tax withholding transactions in Common Stock.
He was granted 7,553 restricted stock units (RSUs) on Common Stock at no cost. Each RSU represents one share and vests on the first anniversary of the grant date, provided he remains in continuous service. Separately, 734 shares were withheld at $10.98 per share to cover tax obligations, a non-market disposition. Following these transactions, he holds 19,445 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,819 shares
Net Buy
2 txns
Insider
HERRING RONALD N JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 7,553 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $.01 per share | 734 | $10.98 | $8K |
Holdings After Transaction:
Common Stock, par value $.01 per share — 19,445 shares (Direct)
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 on the first anniversary of the date of grant; provided, that the reporting person remains in continuous service through the vesting date.
Key Figures
RSU grant: 7,553 shares
Tax withholding shares: 734 shares
Tax withholding price: $10.98 per share
+2 more
5 metrics
RSU grant
7,553 shares
Restricted stock units granted to director
Tax withholding shares
734 shares
Shares withheld to cover tax liability
Tax withholding price
$10.98 per share
Value for 734-share tax withholding
Shares held after grant
19,445 shares
Direct Common Stock ownership after RSU grant
Shares after tax withholding
11,892 shares
Direct ownership after 734-share withholding event
Key Terms
restricted stock units ("RSUs"), tax-withholding disposition, continuous service, Common Stock, par value $.01 per share
4 terms
restricted stock units ("RSUs") financial
"The reporting person was granted restricted stock units ("RSUs"), which represent a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
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.
continuous service financial
"The RSUs vest on the first anniversary of the date of grant; provided, that the reporting person remains in continuous service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did LAKE director Ronald Herring report?
Ronald N. Herring Jr. reported a grant of 7,553 restricted stock units and withholding of 734 shares for taxes. Both relate to Lakeland Industries Common Stock and reflect routine compensation and tax events rather than open-market buying or selling.
When do Ronald Herring's 7,553 Lakeland RSUs vest?
The 7,553 restricted stock units granted to Ronald N. Herring Jr. vest on the first anniversary of the grant date. Vesting is contingent on his continuous service with Lakeland Industries through that vesting date, making them a time-based equity compensation award.