Form 4: Lands' End Executive Peter L. Gray Reports Stock Transactions

Peter L. Gray, PRES LE Licensing, CAO & GC of Lands' End, Inc., reports the vesting and subsequent tax withholding of shares related to Restricted Stock Units (RSUs).

Summary

• On March 18, 2025, Peter L. Gray, PRES LE Licensing, CAO & GC of Lands' End, Inc., reported transactions involving Lands' End common stock.
• Mr. Gray vested 7,857 shares of common stock from Restricted Stock Units (RSUs) at a price of $0.
• Following the vesting, 2,766 shares were withheld by the issuer to cover Mr. Gray's tax obligations at a price of $11.13.
• After these transactions, Mr. Gray directly owns 119,815 shares of Lands' End common stock and 58,863 Restricted Stock Units.
• The RSUs vest in installments, with future vesting dates in June 2025, June 2026, April 2025, April 2026 and April 2027, subject to continuous service.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications for the company's performance.

Future Outlook

Future RSU vesting is contingent upon maintaining a continuous business relationship with the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions have a minimal impact on shareholders, as they represent a small percentage of the total outstanding shares.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Lands' End, Insider Trading, Peter L. Gray, Stock Vesting