July 11, 2025 · Form 4 insider transaction
Shannon Roger D bought 699 shares of LAKE at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
The reporting person was granted restricted stock in lieu of a portion of his salary for the remainder of the fiscal year ending January 31, 2026. The reporting person elected to receive $10,000 of his remaining fiscal year 2026 salary in the form of the Issuer's stock. The number of restricted stock granted is based on a per share value of $14.31, the closing price of the Issuer's common stock on the date of grant. The restricted stock vests on the first anniversary of the date of grant; provided, that the reporting person is not terminated for cause prior to the vesting date.