Form 4: Interim CFO Swinea Sells LAKE Shares for Tax Obligations

Lakeland Industries' Interim CFO, James Calven Swinea Jr., disposed of 347 shares of common stock to cover tax withholding obligations.

Summary

• James Calven Swinea Jr., Interim CFO of Lakeland Industries Inc. (LAKE), reported a transaction involving the company's common stock.
• On January 31, 2026, Swinea disposed of 347 shares of Lakeland Industries common stock.
• The shares were disposed of at a price of $9.42 per share.
• This transaction was identified by transaction code 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• Following this reported transaction, James Calven Swinea Jr. directly beneficially owns 6,958 shares of Lakeland Industries common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the disposition of shares for tax withholding is a routine administrative transaction and does not typically signal a change in management's confidence or company performance.

Negatives

• Interim CFO James Calven Swinea Jr. disposed of 347 shares of common stock, reducing his direct beneficial ownership.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, especially those coded as 'F' for tax withholding purposes, are common administrative events related to equity compensation and do not typically reflect a change in management's outlook on the company's fundamentals or broader industry trends.

Related Party Transactions

• Disposition of 347 shares to Lakeland Industries Inc. to satisfy tax withholding obligations related to equity compensation.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, generally viewed as a routine administrative event for tax purposes with minimal impact on overall shareholder value.

Key Dates

Recommendation

The transaction reported is a routine disposition of shares by an officer to cover tax withholding obligations, which is a common administrative event and does not typically indicate a change in the company's fundamental outlook or warrant a change in investment recommendation.

Keywords

Lakeland Industries, LAKE, Form 4, Insider Transaction, Officer Transaction, Stock Sale, James Calven Swinea Jr., Interim CFO, Tax Withholding