Who conducted the tender offer related to Josephine Linden’s Lands' End (LE) share sale?

The tender offer was conducted by LEWHP, LLC, a wholly owned indirect subsidiary of WH Topco, L.P. It sought to purchase up to 2,222,222 outstanding Lands' End common shares at $45.00 per share in cash under specified terms and conditions.

Lands' End (LE) director tenders 3,482 shares at $45 in cash offer

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

LANDS' END, INC. director Josephine Linden reported an open-market style disposition of company stock. She sold 3,482 shares of common stock at $45.00 per share in a cash tender offer conducted by LEWHP, LLC, an affiliate of WH Topco, L.P. Following this transaction, she directly holds 42,335 shares of Lands' End common stock.

Insider Trade Summary

Net Seller: 3,482 shares ($156,690)

Net Sell 1 txn

Insider Linden Josephine

Role Director

Sold 3,482 shs ($157K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,482	$45.00	$157K

Holdings After Transaction: Common Stock — 42,335 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 3,482 shares Sale price: $45.00 per share Shares held after transaction: 42,335 shares +2 more

5 metrics

Shares sold 3,482 shares Common Stock tendered on 2026-04-01

Sale price $45.00 per share Cash consideration in tender offer

Shares held after transaction 42,335 shares Direct ownership following sale

Net shares sold 3,482 shares Net-sell direction in transaction summary

Tender offer cap 2,222,222 shares Maximum outstanding shares sought by LEWHP, LLC

Key Terms

tender offer, Offer to Purchase, Letter of Transmittal, Common Stock, +1 more

5 terms

tender offer financial

"Shares sold pursuant to the tender offer by LEWHP, LLC, a wholly owned indirect subsidiary..."

A tender offer is a proposal made by a person or company to buy shares from existing shareholders at a set price, usually higher than the current market value, within a specific time frame. It matters to investors because it can lead to a change in ownership or control of a company, and shareholders must decide whether to sell their shares at the offered price.

Offer to Purchase financial

"subject to the conditions set forth in the Offer to Purchase, dated February 26, 2026..."

An offer to purchase is a formal proposal from one party to buy a specific amount of shares or assets from another party at a set price. It matters to investors because it signals interest in acquiring ownership and can influence the value or control of a company. Think of it as someone putting forward a clear, serious offer to buy something they find valuable.

Letter of Transmittal financial

"and the related Letter of Transmittal."

A letter of transmittal is a written form investors use when sending physical stock certificates or electronic ownership documents to a company or its agent to surrender shares, tender them in an offer, or claim payment or replacement securities. It acts like a packing slip that lists what is enclosed, gives instructions on how the transfer should be handled, and provides proof of the transaction—important for ensuring investors receive the correct payment or new securities without delay or dispute.

Common Stock financial

"up to 2,222,222 of the outstanding shares of common stock of the Registrant..."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

tendered financial

"to purchase up to 2,222,222 of the outstanding shares of common stock..."

Tendered means that a shareholder or holder has submitted their shares or securities in response to an offer, such as a buyout bid or exchange proposal. Think of it like handing over your tickets in exchange for cash or new tickets; the number of shares tendered shows how many people accept the deal, which determines whether the offer succeeds and can materially affect the price investors receive and the company’s future control.

Form 4 Insider Transactions: What Each Field Means →

04/06/2026 - 05:06 PM

SEC Form 4

FORM 4

UNITED 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^*

Linden Josephine

(Last)

(First)

(Middle)

5 LANDS' END LANE

(Street)

DODGEVILLE

WISCONSIN

53595

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LANDS' END, INC. [ LE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		S		3,482	D	$45⁽¹⁾	42,335	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares sold pursuant to the tender offer by LEWHP, LLC, a wholly owned indirect subsidiary of WH Topco, L.P., to purchase up to 2,222,222 of the outstanding shares of common stock of the Registrant, in exchange for $45.00 per share in cash, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated February 26, 2026 (as amended), and the related Letter of Transmittal.

	/s/ Peter L. Gray, as Attorney-in-Fact for Josephine Linden	04/06/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Lands' End (LE) director Josephine Linden report?

Director Josephine Linden reported selling 3,482 shares of Lands' End common stock. The sale occurred at $45.00 per share through a tender offer and left her with 42,335 shares directly held after the transaction.

At what price were Josephine Linden’s Lands' End (LE) shares sold?

The reported sale price was $45.00 per share. All 3,482 shares were tendered at this cash price in connection with a tender offer by LEWHP, LLC, as described in the related Offer to Purchase and Letter of Transmittal.

How many Lands' End (LE) shares does Josephine Linden own after this Form 4 sale?

After selling 3,482 shares, Josephine Linden directly owns 42,335 shares of Lands' End common stock. This post-transaction holding reflects her remaining equity position as reported in the Form 4 filing following the tender offer sale.

What is the nature of the transaction reported in the Lands' End (LE) Form 4?

The Form 4 reports an open-market sale coded “S,” executed via a tender offer by LEWHP, LLC. The transaction involved exchanging shares for $45.00 in cash per share, subject to the terms and conditions of the Offer to Purchase.