---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-053359"
form_type: "8-K"
ticker: "LE"
cik: "0000799288"
company_name: "LANDS' END, INC."
filed_at: "2025-04-11T23:59:59+00:00"
generated_at: "2026-05-23T16:42:25.390899+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lands' End enters retention agreements with CEO, CFO, President; payments tied to Change in Control

## Summary
- Retention agreements with CEO Andrew McLean ($550k), CFO Bernard McCracken ($263k), and President Peter Gray ($348k).
- Payment triggered by earlier of September 7, 2025 or a Change in Control event.
- Continued employment required through payment date; earlier payout if terminated without cause or for good reason.
- Total retention amounts = $1.161 million; signals potential M&A or strategic transaction.

## SEC filing metadata
- accession: 0000950170-25-053359
- form_type: 8-K
- ticker: LE
- cik: 0000799288
- company_name: LANDS' END, INC.
- filed_at: 2025-04-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799288/000095017025053359/0000950170-25-053359-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799288/000095017025053359/le-20250407.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-053359
- JSON: https://secwatch.observer/filing/0000950170-25-053359.json
- Plain text: https://secwatch.observer/filing/0000950170-25-053359.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.