Lakeland Industries Inc. has announced the terms of a Separation Agreement with its former Chief Financial Officer, Roger D. Shannon, following his employment termination effective December 31, 2025. Under the agreement, Mr. Shannon will receive four months of base salary paid in bi-weekly installments, a pro-rated short-term incentive cash bonus for the fiscal year ending January 31, 2026—subject to the company’s performance measures, continued vesting of certain equity awards scheduled to vest before April 30, 2026, and COBRA continuation payments for up to six months. The agreement includes a seven-day revocation period and stipulates that severance payments are subject to forfeiture and clawback if Mr. Shannon breaches its terms.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lakeland Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-008983), on January 09, 2026, and is solely responsible for the information contained therein.
