secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND INDUSTRIES INC (LAKE)
CIK:        0000798081
Form:       8-K
Filed at:   2024-06-17T23:59:59+00:00
Accession:  0001654954-24-007835
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lakeland shareholders approve ESPP, boost equity plan shares to 1.24M
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- Stockholders elected Martin G. Glavin and Jeffrey T. Schlarbaum as Class II directors with ~4.1M votes each.
- Ratified Deloitte & Touche as independent auditor for FY2025 with 4,220,272 votes for.
- Approved Lakeland Industries ESPP authorizing 100,000 shares; employees may buy at 85% of FMV with up to 15% salary deferral.
- Approved amendment to 2017 Equity Incentive Plan increasing authorized shares from 840,000 to 1,240,000.
- Advisory say-on-pay passed; board opted for annual advisory vote on executive compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798081/000165495424007835/0001654954-24-007835-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798081/000165495424007835/lake_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-007835

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