Form 4: Duluth Holdings Inc. Executive Michael Murphy Reports Stock Transaction
SEC Form 4 Filing
VP, CAO, and Treasury of Duluth Holdings Inc., Michael John Murphy, reports disposition of shares to cover tax obligations.
Summary
- On March 22, 2024, Michael John Murphy, VP, CAO, and Treasury of Duluth Holdings Inc. (DLTH), reported a transaction involving Class B Common Stock.
- 255 shares were disposed of at a price of $4.81 to satisfy tax withholding obligations upon the vesting of restricted stock.
- Following the transaction, Murphy directly owns 53,015 shares of Duluth Holdings Inc.
Sentiment
Score: 5
Explanation: The document reports a routine transaction related to tax obligations, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Date of stock transaction |
| 03/26/2024 | Date of signature on the report |
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