Josephine Linden, who serves on the board of Lands’ End, Inc. (NASDAQ: LE), sold 3,482 shares of the company’s common stock on April 1, 2026, a transaction disclosed in a Form 4 filing with the Securities and Exchange Commission. The shares were transacted at $45.00 each, producing gross proceeds of $156,690.
The sale occurred in connection with a tender offer initiated by LEWHP, LLC, a wholly owned indirect subsidiary of WH Topco, L.P., which has proposed to purchase up to 2,222,222 outstanding shares of Lands’ End common stock for cash at a price of $45.00 per share. That offer price represents a significant premium to Lands’ End’s current traded price of $10.90, a figure that InvestingPro analysis indicates is below the company’s Fair Value.
Following the reported sale, Linden retains direct ownership of 42,335 shares of Lands’ End. The Form 4 that disclosed the transaction was submitted to the SEC and signed on April 6, 2026 by Peter L. Gray, acting as Attorney-in-Fact for Josephine Linden.
Market commentary included with InvestingPro Tips noted that Lands’ End’s stock has weakened over recent months, with a six-month price return of -26% and notable declines over the past three months. Those price movements were reported alongside the Lindens’ transaction details in public filings.
In a separate update, Lands’ End released fourth-quarter results for fiscal 2025 that fell short of analysts’ forecasts. The company reported earnings per share of $0.76, missing the consensus estimate of $0.79, while quarterly revenue came in at $462.4 million versus expectations of $472.24 million. The company did report a 5% increase in total revenue compared with the same quarter a year earlier.
Also disclosed by the company is a Board-authorized share repurchase program of up to $100 million of common stock, effective through March 31, 2029. The company indicated it may carry out repurchases via open market transactions, privately negotiated purchases, or other methods permitted under federal securities laws. Company statements framed these moves as part of ongoing efforts to manage financial resources and shareholder value.
All transaction details above are drawn from the company’s SEC Form 4 filing and the company’s reported quarterly results; no additional claims or projections are included beyond those public disclosures.