---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-026386"
form_type: "8-K"
ticker: "LE"
cik: "0000799288"
company_name: "LANDS' END, INC."
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T15:18:49.990503+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lands' End approves transaction success bonuses for three executives tied to WHP Global deal

## Summary
- CEO Andrew McLean awarded bonus of 2x annual base salary payable at closing and over 2 years.
- Bernard McCracken and Peter Gray each awarded 1.5x base salary in same phased structure.
- 50% due at closing, 25% at one-year anniversary, 25% on Dec 31, 2027, subject to continued employment.
- Bonuses accelerate if executive is terminated without cause or resigns for good reason.

## SEC filing metadata
- accession: 0001104659-26-026386
- form_type: 8-K
- ticker: LE
- cik: 0000799288
- company_name: LANDS' END, INC.
- filed_at: 2026-03-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799288/000110465926026386/0001104659-26-026386-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799288/000110465926026386/tm268283d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-026386
- JSON: https://secwatch.observer/filing/0001104659-26-026386.json
- Plain text: https://secwatch.observer/filing/0001104659-26-026386.txt

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