SEC Form 4 · accession 0001193125-26-272557
LANDS' END, INC. · LE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew J. McLean
Officer — Chief Executive Officer · Director
Period of report
Jun 14, 2026
Accepted (ET)
Jun 16, 2026 · 4:00 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000799288
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 14, 2026 | M | 73,770 | $0.00 | A | 305,872 | D | |
| Common StockF2 | Jun 14, 2026 | F | 34,672 | $12.41 | D | 271,200 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F1,F3 | $0.00 | Jun 14, 2026 | M | 73,770 | D | — | — | Common Stock | 73,770 | 278,120 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
- F2Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs.
- F3This RSU award was granted on June 14, 2023, with vesting in three installments on June 14, 2024 (25%), June 14, 2025 (25%) and June 14, 2026 (50%).
- F4Of the total number of RSUs, 44,562 shares will vest on April 1, 2027; 26,985 shares will vest on March 24, 2027 and 53,970 shares will vest on March 24, 2028; 31,275 shares will vest on March 23, 2027, 31,276 shares will vest on March 23, 2028 and 62,552 shares will vest on March 23, 2029; and 13,750 shares will vest on April 1, 2027 and 13,750 shares will vest on December 31, 2027, subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship through the applicable vesting date.