LE LANDS' END, INC. Insider Trading

Lampert sells 1.30M shares of Lands' End at $45.00 for $58.5M, reducing stake 7.6%; stock down 32.5% in 30 days

Edward S. Lampert, a 10% owner, sold 1,300,505 shares at $45.00 on 2026-04-01, reducing his holdings from 17,114,430 to 15,813,925 shares. The transaction occurred at $45.00 per share while the current price stands at $10.90, indicating the stock has fallen 76% since the sale date. Lands' End is trading at a P/E of 30.28 on minimal profitability: net income of $5,164,000 against revenue of $277,453,000, with annual revenue growth of only +0.7%. Lampert's cross-ticker track record shows 20 prior open-market sells with a 90-day well-timed rate of 60.00%, indicating his sells have historically been positioned ahead of declines roughly six in ten times. The dramatic subsequent price collapse and the magnitude of the stake reduction warrant examination into Lampert's positioning, particularly given Lands' End's weak profitability and stagnant top-line growth.

CEO Andrew J. McLean sold 16,918 shares of Lands' End (LE) at $45.00; stock now $10.90, down 43.1% from 52-week high.

Andrew J. McLean, CEO of Lands' End, sold 16,918 shares for $761,310.00 at $45.00 on April 1, 2026, reducing his position from 249,020 shares to 232,102 shares. The transaction occurred at a price significantly above the current market level of $10.90—the stock has declined 43.1% from its 52-week high of $19.15 and is down 32.5% over the past 30 days. The company's fundamentals show modest revenue of $277.5M with net income of $5.2M and minimal growth (0.7% year-over-year), while trading at a P/E of 30.28 against a market cap of $335.2M. The sale at $45.00, substantially above both the 52-week range and current market price, presents an unusual situation: either the transaction price reflects a valuation or context not evident in current market data, or it occurred under specific circumstances requiring clarification through deeper analysis of the Form 4 filing and any contemporaneous events.