Form 4: Lakeland Industries Executive Stock Transaction
Statement of Changes in Beneficial Ownership
Cameron Stokes, an officer at Lakeland Industries, reported the disposition of 417 shares of common stock to cover tax obligations.
Summary
- Reporting person Cameron Stokes disposed of 417 shares of Lakeland Industries (LAKE) 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, the reporting person maintains beneficial ownership of 4,585 shares, which includes 244 shares held in an employee stock purchase plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the transaction is a standard administrative tax-withholding process and does not reflect a change in management sentiment regarding the company's prospects.
Positives
- The transaction is a routine administrative action related to tax withholding rather than a discretionary market sale.
Negatives
- Reduction in the total number of shares held by the reporting officer.
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 this filing is a routine disclosure of insider equity activity, common in publicly traded companies to satisfy tax obligations associated with equity compensation vesting.
Comparison to Industry Standards
- The filing adheres to standard SEC Section 16(a) reporting requirements for executive officers.
- The use of 'F' transaction codes for tax withholding is consistent with standard corporate governance practices for equity-based compensation.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Execution of a Power of Attorney authorizing James M. Jenkins, Hui An, and J. Calven Swinea, Jr. to file SEC forms on behalf of Cameron Stokes. | 04/09/2026 | Standard administrative update to facilitate regulatory compliance. |
Stakeholder Impact
- Minimal impact on shareholders as the transaction is non-discretionary and related to tax obligations.
Next Steps
- No further actions required by the reporting person regarding this specific transaction.
Key Dates
| Date | Description |
|---|---|
| 04/09/2026 | Date of execution for the Power of Attorney. |
| 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, Form 4, Insider Trading, SEC Filing, Stock Ownership
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