secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND INDUSTRIES INC (LAKE)
CIK:        0000798081
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0001654954-25-005078
Event type: other
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Lakeland Industries grants performance-based PSUs to executives with revenue and EBITDA targets
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- PSUs vest based on achieving total revenue $258.7M, Fire Services revenue $161.8M, and Adj. EBITDA $47.1M by Jan 31, 2031.
- Target PSUs: CEO Jim Jenkins 63,960; CFO Roger Shannon 48,197; COO Helena An 32,646; others.
- Maximum payout is 120% of target; threshold is 80% of each measure; forfeiture if not met.
- Vesting conditioned on continued employment through certification date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798081/000165495425005078/0001654954-25-005078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798081/000165495425005078/lake_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-005078

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