Form 4: Lakeland Industries CFO Roger D. Shannon Reports Stock Disposal
SEC Form 4
Roger D. Shannon, CFO of Lakeland Industries, disposed of 897 shares of common stock on January 31, 2025, to cover tax obligations.
Summary
- On January 31, 2025, Roger D. Shannon, the Chief Financial Officer of Lakeland Industries, disposed of 897 shares of the company's common stock.
- The transaction was executed at a price of $23.19 per share.
- This disposal was reported on February 4, 2025, following the transaction.
- After the transaction, Shannon directly owns 35,942 shares of Lakeland Industries.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to sell shares to cover tax obligations related to stock-based compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock disposal transaction |
| 02/04/2025 | Date of Form 4 filing |
Keywords
Lakeland Industries, Roger D. Shannon, CFO, stock disposal, Form 4, insider trading, securities, LAKE
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