Form 4: Lakeland Industries CEO James Jenkins Reports Stock Sale
Statement of Changes in Beneficial Ownership
Lakeland Industries CEO James M. Jenkins reported the disposition of 2,197 shares of common stock to cover tax obligations.
Summary
- James M. Jenkins, President, CEO, and Executive Chair of Lakeland Industries, Inc. (LAKE), disposed of 2,197 shares of common stock.
- The transaction occurred on April 15, 2026, at a price of $9.37 per share.
- The disposition was executed via code 'F', indicating the payment of tax liability by delivering or withholding securities.
- Following this transaction, Jenkins maintains direct beneficial ownership of 90,403.502 shares, with an additional 990 shares held indirectly by his spouse.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the transaction is a mandatory tax-related withholding rather than a discretionary sale.
Positives
- The transaction was a routine tax-related withholding rather than a discretionary open-market sale, signaling no change in long-term confidence.
Negatives
- Reduction in direct equity stake held by the CEO.
Risks
- None identified in this filing.
Future Outlook
Not applicable; this is a routine disclosure of an insider transaction.
Industry Context
StockSavvy.ai notes that routine tax-withholding transactions by executives are standard corporate practice and generally do not reflect shifts in strategic direction or internal sentiment regarding company performance.
Comparison to Industry Standards
- The filing follows standard SEC Section 16(a) reporting requirements for executive equity transactions.
- The use of a Power of Attorney for filing is consistent with standard corporate governance practices for public company officers.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | James M. Jenkins granted Power of Attorney to Hui An and J. Calven Swinea, Jr. for the purpose of filing SEC forms. | 04/07/2026 | Administrative update to facilitate regulatory compliance. |
Stakeholder Impact
- Minimal impact on shareholders as the transaction was a non-discretionary tax settlement.
Next Steps
- No future actions or milestones were mentioned in this filing.
Key Dates
| Date | Description |
|---|---|
| 04/07/2026 | Execution date of the Power of Attorney for filing SEC forms. |
| 04/15/2026 | Date of the reported stock transaction. |
| 04/17/2026 | Date of filing the Form 4 with the SEC. |
Keywords
Lakeland Industries, LAKE, Insider Trading, Form 4, James Jenkins, Executive Compensation
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