Form 4: Duluth Holdings Inc. Executive Michael Murphy Reports Stock Transaction
SEC Form 4 Filing
Michael Murphy, VP, CAO, and Treasury of Duluth Holdings Inc., reports the disposition of 562 shares of Class B Common Stock to cover tax obligations.
Summary
- On April 4, 2024, Michael Murphy, VP, CAO, and Treasury of Duluth Holdings Inc. disposed of 562 shares of Class B Common Stock.
- The transaction was to satisfy tax withholding obligations upon the vesting of restricted stock.
- The price per share was $4.9.
- Following the transaction, Murphy beneficially owns 52,453 shares of Duluth Holdings Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/04/2024 | Date of stock transaction: disposition of 562 shares of Class B Common Stock. |
| 04/08/2024 | Date of signature on the report by Dennis F. Connolly, as POA. |
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