DLHC.NASDAQDlh Holdings CORP

Form 4: DLH Holdings CFO Exercises Stock Options, Sells Shares to Cover Costs

Sentiment:

SEC Form 4 Filing

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Kathryn M. JohnBull, CFO of DLH Holdings Corp., exercised stock options and sold shares to cover the exercise price and associated tax obligations.

Summary

  • On September 20, 2024, Kathryn M. JohnBull, the CFO of DLH Holdings Corp., exercised employee stock options to acquire 200,000 shares of common stock at a price of $1.95 per share.
  • Following the exercise, JohnBull sold 78,240 shares at $9.78 per share to cover the exercise price and tax obligations.
  • After these transactions, JohnBull directly owns 518,687 shares of DLH Holdings Corp.
  • This includes 17,831 time-based restricted stock units that will vest on September 30, 2026, contingent upon continued employment.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reflects a standard insider transaction. The CFO is exercising options and selling shares to cover costs, which is a normal part of executive compensation.

Industry Context

This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Key Dates

DateDescription
09/22/2014Date the option was granted.
12/15/2023Date of grant for 17,831 time-based restricted stock units.
09/20/2024Date of stock option exercise and share sale.
09/22/2024Expiration date of the exercised options.
09/24/2024Date of Form 4 filing.
09/30/2026Vesting date for restricted stock units.

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