secwatch.observer — SEC 8-K summary
======================================

Issuer:     LAKELAND INDUSTRIES INC (LAKE)
CIK:        0000798081
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001654954-23-006561
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Lakeland Industries EVP Steven L. Harvey to retire July 31, 2023
----------------------------------------------------------------

- EVP Global Sales and Marketing Steven L. Harvey to retire effective July 31, 2023.
- Retirement agreement includes six months base salary paid bi-weekly from Aug 2023 to Jan 2024.
- Target achievement bonus of $20,000 if 100% of combined Q1/Q2 FY2024 sales targets met.
- Continues vesting of 1,590 time-based restricted stock units scheduled to vest Jan 31, 2024.
- Employment agreement dated Dec 30, 2020 terminated; general release included.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798081/000165495423006561/0001654954-23-006561-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798081/000165495423006561/lake_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-006561

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