Form 4: Duluth Holdings CFO Increases Stake with Significant Stock Purchase

Heena Agrawal, Senior Vice President and CFO of Duluth Holdings Inc., has acquired 13,000 shares of Class B Common Stock through a pre-planned transaction.

Summary

• Heena Agrawal, the Senior Vice President and CFO of Duluth Holdings Inc. (DLTH), purchased 13,000 shares of the company's Class B Common Stock.
• The transaction occurred on June 16, 2025, and was executed as a purchase (Code P).
• The shares were acquired at a weighted average price of $1.8967 per share, with individual transaction prices ranging from $1.885 to $1.90.
• Following this acquisition, Ms. Agrawal directly beneficially owns a total of 238,093 shares of Class B Common Stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 7

Explanation: The sentiment is positive due to a significant insider purchase by a key executive, signaling confidence in the company's future.

Positives

• The purchase of 13,000 shares by the Senior Vice President and CFO signals strong insider confidence in the company's future prospects.
• The transaction was conducted under a Rule 10b5-1(c) plan, indicating a pre-planned investment strategy by management.

Future Outlook

This document, an SEC Form 4, reports a specific insider transaction and does not provide forward-looking statements or guidance regarding the company's future performance or strategic outlook.

Industry Context

This Form 4 filing details an individual insider stock transaction and does not provide broader industry context or trends. It reflects a specific action by a key executive within Duluth Holdings Inc.

Stakeholder Impact

• Shareholders may interpret this insider purchase as a positive indicator of management's belief in the company's intrinsic value and future growth, potentially boosting investor confidence.

Key Dates

Recommendation

Keywords

Duluth Holdings Inc., DLTH, Insider Purchase, SEC Form 4, Stock Acquisition, CFO, Class B Common Stock, Rule 10b5-1(c)