Form 4: Superior Group CEO Benstock's Tax-Related Stock Disposition

Superior Group of Companies CEO Michael Benstock reported a disposition of 23,469 common shares to cover tax obligations related to restricted stock vesting.

Summary

• Michael Benstock, CEO and Director of Superior Group of Companies, Inc. (SGC), reported a transaction on February 3, 2026.
• 23,469 shares of common stock were disposed of at a price of $9.98 per share.
• This disposition was due to shares being withheld by the issuer to cover applicable withholding taxes related to the vesting of a restricted stock award.
• Following this transaction, Michael Benstock directly beneficially owns 590,637 shares of common stock.
• Of the directly owned shares, 73,571 remain subject to forfeiture as of the filing date.
• Additionally, 397,006 shares are indirectly held in an Irrevocable Trust (for which beneficial ownership is disclaimed), and 22,000 shares are indirectly held by a spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, non-discretionary transaction related to the vesting of restricted stock awards rather than a voluntary sale or purchase.

Risks

• 73,571 shares of the directly owned common stock are still subject to forfeiture, indicating a portion of the CEO's direct holdings are not fully vested.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions and typically do not provide broader industry context. This specific filing details a tax-related disposition, a common event for executives receiving equity compensation.

Stakeholder Impact

• Shareholders: The disposition is a routine tax event and does not signal a change in management's confidence or company fundamentals.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary disposition of shares to cover tax obligations upon the vesting of restricted stock. It does not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this event is neutral to the investment thesis.

Keywords

Superior Group of Companies, SGC, Michael Benstock, Form 4, Insider Trading, Stock Disposition, Restricted Stock, Tax Withholding, CEO, Director