Form 4 for LE LANDS' END, INC.
Accepted 2026-04-06 17:00:06 ET · period of report 2026-04-01 · accession 0001193125-26-143958 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-04-06 17:00 | 2026-04-01 | LE | McLean Andrew J. | CEO, Dir | S - Sale+OE | $45.00 | -16.9K | 205.7K | -8% | -$761.3K |
| D | 2026-04-06 17:00 | 2026-04-01 | LE | McLean Andrew J. | CEO, Dir | M - OptEx | $0.00 | +22.3K | 228.0K | +11% | $0 |
| DM | 2026-04-06 17:00 | 2026-04-01 | LE | McLean Andrew J. | CEO, Dir | F - Tax | $11.56 | -23.4K | 232.1K | -9% | -$270.5K |
| D | 2026-04-06 17:00 | 2026-04-01 | LE | McLean Andrew J. | CEO, Dir | A - Grant | $0.00 | +27.5K | 245.0K | +13% | $0 |
| D | 2026-04-06 17:00 | 2026-04-01 | LE | McLean Andrew J. | CEO, Dir | M - OptEx | $0.00 | -22.3K | 324.4K | -6% | $0 |
| D | 2026-04-06 17:00 | 2026-04-01 | LE | McLean Andrew J. | CEO, Dir | A - Grant | $0.00 | +27.5K | 351.9K | +8% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-04-01 | S | D | 16,918 | $45.00 | 205,719 | D | — | — | (F3) Shares sold pursuant to the tender offer by LEWHP, LLC, a wholly owned indirect subsidiary of WH Topco, L.P., to purchase up to 2,222,222 of the outstanding shares of common stock of the Registrant, in exchange for $45.00 per share in cash, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated February 26, 2026 (as amended), and the related Letter of Transmittal. |
| 2 | Common | Common Stock | 2026-04-01 | M | A | 22,281 | $0.00 | 228,000 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions. |
| 3 | Common | Common Stock | 2026-04-01 | F | D | 10,473 | $11.56 | 217,527 | D | — | — | (F2) Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs. |
| 4 | Common | Common Stock | 2026-04-01 | A | A | 27,500 | $0.00 | 245,027 | D | — | — | (F4) Shares issued upon the April 1, 2026 closing (the "Closing") of the Membership Interest Purchase Agreement by and among the Registrant, Lands' End Direct Merchants, Inc., WH Borrower, LLC, WH Topco, L.P., and LEWHP LLC, dated January 26, 2026, pursuant to the performance-based RSUs awarded on April 4, 2025, as modified March 5, 2026 (the "Retention Award"). Pursuant to the terms of the Retention Award, fifty percent (50%) of the Retention Award vested upon the Closing, twenty-five percent (25%) will vest upon the one-year anniversary of the Closing and twenty-five percent (25%) 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. |
| 5 | Common | Common Stock | 2026-04-01 | F | D | 12,925 | $11.56 | 232,102 | D | — | — | (F2) Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs. |
| 6 | Derivative | Restricted Stock Units | 2026-04-01 | M | D | 22,281 | $0.00 | 324,390 | D | $0.00 · — to — | 22,281 Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions. (F5) This RSU award was granted on April 1, 2024, with vesting in three installments on April 1, 2025 (25%), April 1, 2026 (25%) and April 1, 2027 (50%). (F5) This RSU award was granted on April 1, 2024, with vesting in three installments on April 1, 2025 (25%), April 1, 2026 (25%) and April 1, 2027 (50%). |
| 7 | Derivative | Restricted Stock Units | 2026-04-01 | A | A | 27,500 | $0.00 | 351,890 | D | $0.00 · — to — | 27,500 Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions. (F6) Pursuant to the terms of the Retention Award 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. (F6) Pursuant to the terms of the Retention Award 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. (F7) Of the total number of RSUs, 73,770 shares will vest on June 14, 2026; 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. |