Form 4: Lakeland Industries CRO Executes Stock Disposition
Statement of Changes in Beneficial Ownership
Lakeland Industries Chief Revenue Officer Barry G. Phillips disposed of 594 shares of common stock to cover tax obligations.
Summary
- Barry G. Phillips, Chief Revenue Officer Fire at Lakeland Industries, Inc., reported the disposition of 594 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 a payment of tax liability by delivering or withholding securities.
- Following this transaction, the reporting person maintains beneficial ownership of 19,022 shares, which includes 1,922 shares held in an employee stock purchase plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the transaction is purely administrative and related to tax obligations rather than a change in investment position.
Positives
- The transaction is a routine administrative action related to tax withholding rather than a discretionary market sale.
Negatives
- The reporting person's total direct beneficial ownership decreased by 594 shares.
Risks
- None identified; this is a standard regulatory disclosure of a non-discretionary tax-related transaction.
Future Outlook
No forward-looking guidance or strategic outlook provided in this filing.
Industry Context
StockSavvy.ai notes that routine tax-related dispositions by executives are standard corporate practice and do not typically signal a change in management 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 code 'F' for tax withholding is consistent with common executive compensation practices across the industrial sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Barry G. Phillips granted Power of Attorney to James M. Jenkins, Hui An, and J. Calven Swinea, Jr. for SEC filings. | 04/07/2026 | Administrative update to facilitate timely regulatory compliance. |
Stakeholder Impact
- Minimal impact on shareholders as the transaction was non-discretionary.
Next Steps
- No future actions or milestones mentioned.
Key Dates
| Date | Description |
|---|---|
| 04/07/2026 | Date of Power of Attorney execution. |
| 04/15/2026 | Date of the reported stock transaction. |
| 04/17/2026 | Date of filing. |
Keywords
Lakeland Industries, LAKE, Form 4, Insider Trading, SEC Filing, Chief Revenue Officer
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