Form 4: Director Susan Lattmann Acquires Superior Group Stock

Director Susan E. Lattmann acquired 9,583 shares of common stock through a restricted stock award, with 22,194 shares remaining subject to forfeiture.

Summary

• Susan E. Lattmann, a Director at Superior Group of Companies, Inc., was granted 9,583 shares of common stock on May 7, 2026.
• This grant was a restricted stock award that vests on the third anniversary of the grant date, May 7, 2029.
• On the grant date, the closing price of Superior Group's common stock on the NASDAQ was $12.00 per share.
• Following this transaction, Lattmann beneficially owns 22,194 shares.
• A portion of these shares, specifically 22,194, remain subject to forfeiture as of the filing date.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on a standard stock award transaction for a director, with a significant portion of the award still subject to forfeiture.

Positives

• Director acquisition of company stock can signal confidence in the company's future prospects.
• The restricted stock award vests over time, aligning the director's interests with long-term shareholder value.
• The grant was made at a time when the stock price was $12.00 per share.

Negatives

• A significant number of shares (22,194) are still subject to forfeiture, indicating potential future loss of these shares under certain conditions.
• The filing does not provide details on the specific conditions that could lead to forfeiture.

Risks

• The 22,194 shares are subject to forfeiture, meaning they could be lost if certain conditions are not met.
• The specific terms and conditions for forfeiture are not detailed in the filing.

Future Outlook

The filing primarily details a stock award transaction and does not contain forward-looking financial guidance or outlook statements.

Industry Context

StockSavvy.ai notes that insider stock awards, particularly restricted stock, are common executive compensation tools designed to retain talent and align management interests with long-term company performance. The forfeiture clause highlights a common risk mitigation strategy for the company.

Stakeholder Impact

• Shareholders: The acquisition of stock by a director can be viewed positively, suggesting confidence. However, the forfeiture risk associated with a portion of the shares introduces a degree of uncertainty.
• Employees: This filing relates to executive compensation and does not directly impact most employees.
• Management: The award aligns the director's incentives with the company's long-term performance.

Next Steps

• The restricted stock award will vest on May 7, 2029, provided the conditions are met.
• The remaining 22,194 shares are subject to forfeiture, with the conditions for forfeiture to be monitored.

Key Dates

Keywords

Form 4, SEC Filing, Insider Trading, Stock Award, Restricted Stock, Beneficial Ownership, Superior Group of Companies, Susan Lattmann, Director, Forfeiture