Lakeland Industries (LAKE) COO gets 1,602-share award, 1,112 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lakeland Industries Chief Operating Officer Hui An reported equity compensation activity involving the company’s common stock. On April 16, 2026, 1,602 shares vested from a performance-based restricted stock unit award granted on March 30, 2023 under the 2017 Equity Incentive Plan. To cover tax obligations, 476 shares on April 16, 2026 at $8.92 per share and 636 shares on April 15, 2026 at $9.37 per share were withheld and delivered back to the issuer. After these transactions, An holds 70,742 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hui An
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 per share | 1,602 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $.01 per share | 476 | $8.92 | $4K |
| Tax Withholding | Common Stock, par value $.01 per share | 636 | $9.37 | $6K |
Holdings After Transaction:
Common Stock, par value $.01 per share — 71,218 shares (Direct)
Footnotes (1)
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Key Figures
Vested shares: 1,602 shares
Tax-withheld shares (total): 1,112 shares
Tax-withheld shares at $8.92: 476 shares at $8.92/share
+2 more
5 metrics
Vested shares
1,602 shares
Performance-based RSUs vested on April 16, 2026
Tax-withheld shares (total)
1,112 shares
Shares delivered to issuer for tax liabilities
Tax-withheld shares at $8.92
476 shares at $8.92/share
Withholding on April 16, 2026
Tax-withheld shares at $9.37
636 shares at $9.37/share
Withholding on April 15, 2026
Post-transaction holdings
70,742 shares
Common stock held directly after transactions
Key Terms
performance-based restricted stock units, 2017 Equity Incentive Plan, tax-withholding disposition
3 terms
performance-based restricted stock units financial
"Represents the vesting of a performance-based restricted stock units granted to the reporting person"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
2017 Equity Incentive Plan financial
"granted to the reporting person on March 30, 2023 under the Lakeland Industries, Inc. 2017 Equity Incentive Plan"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
FAQ
What did Lakeland Industries (LAKE) COO Hui An report in this Form 4 filing?
COO Hui An reported vesting of 1,602 performance-based restricted stock units and related tax-withholding share dispositions. These transactions are compensation-related, not open-market trades, and reflect routine equity award vesting under Lakeland Industries’ 2017 Equity Incentive Plan.
What plan governed Hui An’s performance-based restricted stock units at Lakeland Industries?
The performance-based restricted stock units vested under the Lakeland Industries, Inc. 2017 Equity Incentive Plan. The award was originally granted on March 30, 2023, and the number of shares vesting on April 16, 2026 depended on the issuer meeting defined performance criteria.