Thomas J. Tisch Amends Lands' End (LE) Stake

TL;DR

**Thomas J. Tisch still owns a big chunk of Lands' End (LE).**

AI Summary

Thomas J. Tisch, a U.S. citizen, filed an amended SC 13G/A on January 5, 2024, indicating his beneficial ownership of Lands' End, Inc. (LE) common stock as of December 31, 2023. This filing, an amendment to a previous statement, shows that Tisch continues to hold a significant stake in the retail-family clothing store company. This matters to investors because large individual holdings can influence company direction and signal confidence (or lack thereof) in the company's future.

Why It Matters

This filing confirms that Thomas J. Tisch maintains a notable beneficial ownership in Lands' End, Inc., which could influence corporate governance and strategic decisions for the retail company.

Risk Assessment

Risk Level: low — This filing is a routine update on beneficial ownership and does not indicate any immediate financial risk or significant change in company operations.

Analyst Insight

An investor should note that a significant individual holder like Thomas J. Tisch maintains his position, suggesting continued interest in Lands' End, Inc. This is a routine update and doesn't signal an immediate buy or sell, but rather confirms existing ownership structure.

Key Players & Entities

• Thomas J. Tisch (person) — reporting person, beneficial owner of Lands' End, Inc. common stock
• Lands' End, Inc. (company) — the issuer of the common stock being reported on
• 0000799288 (company) — Central Index Key (CIK) for Lands' End, Inc.
• 0001081916 (person) — Central Index Key (CIK) for Thomas J. Tisch
• December 31, 2023 (date) — date of event requiring the filing of this statement

FAQ

Filing Documents

• ef20018016_sc13ga.htm (SC 13G/A) — 65KB
• 0001140361-24-000763.txt ( ) — 66KB

From the Filing

SC 13G/A 1 ef20018016_sc13ga.htm SC 13G/A Securities and Exchange Commission Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Lands' End, Inc (Name of Issuer) Common Stock (Title of Class of Securities) . 51509F105 (CUSIP Number) December 31, 2023 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 51509F105 13G Page 2 of 5 Pages 1 NAMES OF REPORTING PERSONS Thomas J. Tisch 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 1,758,001 6 SHARED VOTING POWER 362,572 7 SOLE DISPOSITIVE POWER 1,758,001 8 SHARED DISPOSITIVE POWER 362,572 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,120,573 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.7% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN CUSIP No. 51509F105 13G Page 3 of 5 Pages Item 1. (a) Name of Issuer: Lands' End, Inc. (b) Address of Issuer's Principal Executive Offices: 1 Lands' End Lane, 761 Main Avenue, Dodgeville, Wisconsin 53595 Item 2. (a) Name of Person Filing: Thomas J. Tisch (b) Address of the Principal Office or, If None, Residence: 712 Fifth Avenue, New York, New York 10019 (c) Citizenship: United States (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 51509F105 Item 3. If this statement is filed pursuant to 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) Group, in accordance with 240.13d-1(b)(1)(ii)(J). CUSIP No. 51509F105 13G Page 4 of 5 Pages Item 4 . Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 2,120,573 (b) Percent of class: 6.7% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 1,758,001 (ii) Shared power to vote or to direct the vote: 362,572 (iii) Sole power to dispose or to direct the disposition of: 1,758,001 (iv) Shared power to dispose or to direct the disposition of: 362,572 Shares over which Mr. Tisch had sole voting and dispositive power include shares held by him or by trusts of which he is trustee. Shares over which Mr. Tisch may be deemed to have shared voting and dispositive power include shares held by his wife, by trusts of which his wife is trustee, or by a charitable foundation of which his wife and he are directors. The number reported for "Percent of class" is based on 31,445,713 shares of common stock of the issuer outstanding as of November 30, 2023, as reported in the issuer's Quarterly Report on Form 10-Q for the quarterly period ended October 27, 2023. Item 5. Item 6. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. Item 8. Identification and Classification of Members of the Group. Item 9. Notice of Dissolution of Group. CUSIP No. 51509F105 13G Page 5 of 5 Pages Item 10. Certification. By signing below I certify that, to the best of my kno

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