Form 4: Lands' End Chief Creative Officer Kym Maas Reports Routine Stock Transactions Following RSU Vesting

Lands' End Chief Creative Officer Kym Maas reported the vesting of Restricted Stock Units (RSUs) and related share transactions, including the acquisition of common stock and the disposition of shares for tax withholding purposes.

Summary

• Kym Maas, Chief Creative Officer of Lands' End, Inc. (LE), reported transactions related to the vesting of Restricted Stock Units (RSUs).
• On June 14, 2025, 5,562 shares of common stock were acquired at a price of $0 upon the vesting of RSUs.
• Concurrently, 1,948 shares of common stock were disposed of at a price of $8.86 per share to satisfy tax withholding obligations incurred from the RSU vesting.
• Following these transactions, Kym Maas beneficially owns 8,212 shares of common stock directly.
• The RSU award from which these shares vested was granted on June 14, 2023, with vesting scheduled in three installments.
• After these transactions, Kym Maas holds 43,003 unvested Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction (RSU vesting and tax withholding) which is neither inherently positive nor negative for the company's operational or financial performance. It reflects standard compensation practices.

Positives

• Vesting of 5,562 Restricted Stock Units (RSUs) indicates the fulfillment of compensation incentives for the Chief Creative Officer.
• The acquisition of 5,562 shares of common stock at a $0 cost basis increases the officer's direct equity stake in the company.

Negatives

• 1,948 shares of common stock were disposed of to cover tax withholding obligations, reducing the net shares received from the RSU vesting.

Future Outlook

Kym Maas holds 43,003 unvested Restricted Stock Units (RSUs) with future vesting dates scheduled for June 14, 2026 (11,124 RSUs), April 1, 2026 (3,758 RSUs), April 1, 2027 (7,515 RSUs), March 24, 2026 (5,151 RSUs), March 24, 2027 (5,152 RSUs), and March 24, 2028 (10,303 RSUs), subject to continuous employment.

Industry Context

This Form 4 filing reports a routine insider transaction related to equity compensation and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Minor impact, as it represents a routine compensation event and not a discretionary sale or significant change in insider ownership that would signal a shift in confidence.
• Employees: Reflects standard equity compensation practices for executives.

Next Steps

• Future vesting of 43,003 Restricted Stock Units (RSUs) on various dates through March 24, 2028, contingent on continued employment.

Key Dates

Keywords

Lands' End, LE, SEC Form 4, Insider Transaction, Kym Maas, Chief Creative Officer, Restricted Stock Units, RSU Vesting, Stock Ownership, Equity Compensation