Form 4: Lakeland Industries CFO Roger D. Shannon Reports Stock Disposal
SEC Form 4
Roger D. Shannon, CFO of Lakeland Industries, disposed of 764 shares of common stock on April 4, 2025, to cover tax obligations.
Summary
- On April 4, 2025, Roger D. Shannon, the Chief Financial Officer of Lakeland Industries Inc. (LAKE), disposed of 764 shares of common stock.
- The transaction was executed at a price of $17.85 per share.
- This disposal was likely to cover tax obligations related to vesting equity.
- Following the transaction, Shannon directly owns 35,178 shares of Lakeland Industries.
- The transaction was reported on April 8, 2025.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing represents a routine transaction by a company insider, likely for tax purposes. It doesn't inherently indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals are not necessarily negative, as they can be for tax purposes or diversification.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Date of stock disposal transaction |
| 04/08/2025 | Date of Form 4 filing |
Keywords
Lakeland Industries, Insider Trading, Form 4, Roger D. Shannon, Stock Disposal, CFO, LAKE
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