Form 4: Duluth Holdings SVP, CTO & Logistics Officer Albert J. Sutera Reports Tax Withholding Transaction
SEC Form 4 Filing
Albert J. Sutera, SVP, CTO & Logistics of Duluth Holdings Inc., reports disposition of shares to cover tax obligations.
Summary
- On March 13, 2025, Albert J. Sutera, SVP, CTO & Logistics at Duluth Holdings Inc., disposed of 9,599 shares of Class B Common Stock to satisfy tax withholding obligations.
- The shares were disposed of at a price of $2.53 per share.
- Following the transaction, Sutera directly owns 148,219 shares of Duluth Holdings Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant positive or negative implications.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations arising from vested stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock disposal.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of transaction: Disposition of shares for tax withholding. |
| 03/17/2025 | Signature date of the form by Dennis F. Connolly, as POA. |
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