{"url_path":"/sec/lake/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-09","source_url":"https://www.sec.gov/Archives/edgar/data/798081/0001193125-26-264001-index.html","accession_number":"0001193125-26-264001","cik":"0000798081","ticker":"LAKE","issuer_name":"LAKELAND INDUSTRIES INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/798081/0001193125-26-264001-index.html","primary_entity_key":"0000798081","primary_entity_name":"LAKELAND INDUSTRIES INC"},"word_count":309,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds\n\nIssuer Purchases of Equity Securities\n\nOn April 7, 2022, the Board of Directors authorized a stock repurchase program under which the Company may repurchase up to $5.0 million of its outstanding common stock (the “Share Repurchase Program”). The Share Repurchase Program became effective upon the completion of a prior Share Repurchase Program. The Share Repurchase Program has no expiration date; however, it may be terminated by the Board of Directors at any time. On December 1, 2022, the Board of Directors authorized an increase in the Share Repurchase Program under which the Company may repurchase up to an additional $5.0 million of its outstanding common stock.\n\nThe common shares available for repurchase under the authorizations currently in effect may be purchased from time to time, with consideration given to the market price of the common shares, the nature of other investment opportunities, cash flows from operations, general economic conditions and other relevant considerations. Repurchases may be made on the open market or through privately negotiated transactions.\n\nThe following table sets forth purchases made by or on behalf of the Company or any “affiliated purchaser,” as defined in Rule 10b-18(a)(3) of the Exchange Act, of shares of the Company’s common stock during the first quarter of fiscal 2027:\n\n \n\nPeriod\n\n \n\nTotal Number\nof Shares\nPurchased\n\n \n\n \n\nAverage\nPrice Paid\nper Share\n\n \n\n \n\nTotal Number\nof Shares\nPurchased\nas Part of\nPublicly\nAnnounced\nPrograms\n\n \n\n \n\nMaximum Dollar\nAmount\nof Shares\nthat May Yet\nBe Purchased\nUnder the\nPrograms (1)\n\n \n\nFebruary 1 – February 28\n\n \n\n \n\n—\n\n \n\n \n\n$\n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n$\n\n5,030,479\n\n \n\nMarch 1 – March 31\n\n \n\n \n\n—\n\n \n\n \n\n$\n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n$\n\n5,030,479\n\n \n\nApril 1 – April 30\n\n \n\n \n\n—\n\n \n\n \n\n$\n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n$\n\n5,030,479\n\n \n\nTotal\n\n \n\n \n\n—\n\n \n\n \n\n$\n\n—\n\n \n\n \n\n \n\n—\n\n \n\n \n\n$\n\n5,030,479\n\n \n\n \n\n(1)\nRepresents the amount remaining under our share repurchase program as of April 30, 2026."}