secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND INDUSTRIES INC (LAKE)
CIK:        0000798081
Form:       8-K
Filed at:   2026-01-09T23:59:59+00:00
Accession:  0001193125-26-008983
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud

Lakeland Industries signs separation agreement with former CFO Roger D. Shannon
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- Former CFO Roger D. Shannon's employment terminated Dec 31, 2025; separation agreement signed Jan 6, 2026.
- Shannon receives 4 months base salary, pro-rated FY26 bonus, continued equity vesting through April 30, 2026, and up to 6 months COBRA.
- Agreement includes release of claims, 7-day revocation period, and clawback for breach.
- Severance payments subject to forfeiture if Shannon breaches provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798081/000119312526008983/0001193125-26-008983-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798081/000119312526008983/lake-20260106.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-008983

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer