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Lakeland Industries (LAKE) grants director 7,553 RSUs and withholds shares for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lakeland Industries director Jeffrey T. Schlarbaum reported routine equity compensation and related tax withholding. He was granted 7,553 restricted stock units (RSUs), each representing the right to receive one share of common stock, which vest on the first anniversary of the grant if he remains in continuous service.

A few days earlier, 3,156 shares of common stock were withheld at $10.98 per share to satisfy tax obligations, a non-market disposition. After these transactions, Schlarbaum directly holds 31,176 shares of Lakeland Industries common stock.

Positive

  • None.

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Insider Schlarbaum Jeffrey T
Role null
Type Security Shares Price Value
Grant/Award Common Stock, par value $.01 per share 7,553 $0.00 --
Tax Withholding Common Stock, par value $.01 per share 3,156 $10.98 $35K
Holdings After Transaction: Common Stock, par value $.01 per share — 31,176 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 7,553 units Restricted stock units granted to director Jeffrey T. Schlarbaum
Tax-withholding shares 3,156 shares Common shares delivered for tax liability
Tax-withholding price $10.98 per share Value used for tax-withholding disposition
Holdings after grant 31,176 shares Common shares held directly after RSU-related acquisition
Holdings after tax withholding 23,623 shares Common shares held directly immediately after 3,156-share withholding
restricted stock units ("RSUs") financial
"The reporting person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock"
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
contingent right financial
"which represent a contingent right to receive one share of Common Stock"
vest financial
"The RSUs vest on the first anniversary of the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schlarbaum Jeffrey T

(Last)(First)(Middle)
1525 PERIMETER PARKWAY, SUITE 325

(Street)
HUNTSVILLE ALABAMA 35806

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LAKELAND INDUSTRIES INC [ LAKE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $.01 per share06/12/2026F3,156D$10.9823,623D
Common Stock, par value $.01 per share06/16/2026A7,553(1)A$031,176D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ J. Calven Swinea, Jr., by power of attorney06/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did LAKELAND INDUSTRIES INC (LAKE) report for Jeffrey Schlarbaum?

Jeffrey T. Schlarbaum reported a grant of 7,553 restricted stock units and a tax-withholding disposition of 3,156 common shares at $10.98 per share. These transactions reflect routine equity compensation and related tax settlement activity, not open-market buying or selling.

How many RSUs were granted to Jeffrey Schlarbaum by Lakeland Industries (LAKE)?

Lakeland Industries granted Jeffrey T. Schlarbaum 7,553 restricted stock units. Each RSU represents a contingent right to receive one share of common stock, subject to vesting on the first anniversary of the grant if he continues in service through that date.

When do Jeffrey Schlarbaum’s Lakeland Industries RSUs vest?

Jeffrey Schlarbaum’s restricted stock units vest on the first anniversary of the grant date. Vesting requires that he remain in continuous service with Lakeland Industries through that vesting date, aligning the award with ongoing board or company service.

What was the purpose of the 3,156-share disposition reported by LAKE?

The 3,156-share disposition was for tax withholding at $10.98 per share. Shares were delivered to cover tax liability associated with equity compensation, rather than being sold in the open market, making this a mechanical, non-discretionary transaction.

How many Lakeland Industries shares does Jeffrey Schlarbaum hold after these transactions?

Following the reported equity transactions, Jeffrey T. Schlarbaum directly holds 31,176 shares of Lakeland Industries common stock. This figure reflects his position after receiving the RSU-related grant and after the separate tax-withholding share disposition.