Form 4: Superior Group of Companies CFO Michael Koempel Reports Routine Tax-Related Stock Disposition

Superior Group of Companies CFO Michael Koempel reported the disposition of 1,624 shares of common stock, valued at $9.86 per share, to cover tax obligations related to a restricted stock award vesting.

Summary

• Michael Koempel, the Chief Financial Officer (CFO) of Superior Group of Companies, Inc. (SGC), reported a transaction on May 31, 2025.
• The transaction involved the disposition of 1,624 shares of SGC Common Stock at a price of $9.86 per share.
• This disposition was a routine 'F' transaction code, indicating shares were withheld by the issuer to cover applicable withholding taxes related to the vesting of a restricted stock award.
• Following this transaction, Mr. Koempel beneficially owns 85,040 shares of SGC Common Stock.
• Of the shares beneficially owned, 74,998 shares continue to be subject to forfeiture as of the filing date.

Sentiment

Score: 5

Explanation: This filing reports a routine tax-related disposition of shares following the vesting of a restricted stock award, which is a standard and expected event for executive compensation. It does not indicate positive or negative operational or financial performance.

Positives

• The vesting of restricted stock awards indicates the fulfillment of performance or tenure conditions for the CFO, reflecting a positive aspect of executive compensation.

Negatives

• A reduction of 1,624 shares in direct beneficial ownership by the CFO, although for tax purposes, represents a decrease in direct equity holdings.

Risks

• A significant portion (74,998 shares) of the CFO's beneficially owned shares remain subject to forfeiture, which could impact his total holdings if conditions are not met.

Future Outlook

N/A

Industry Context

This Form 4 filing details a routine insider transaction for tax purposes, which is common practice when restricted stock awards vest. It does not provide insights into broader industry trends or competitive dynamics.

Comparison to Industry Standards

• The disposition of shares to cover tax obligations upon the vesting of restricted stock awards is a standard and common practice for executives receiving equity compensation across all industries.
• There are no specific comparable companies or projects mentioned as this is an individual executive's compensation event, not an operational or financial performance report.

Stakeholder Impact

• This routine tax-related transaction has minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as it pertains to the CFO's personal equity compensation management.

Key Dates

Keywords

SGC, Superior Group of Companies, Michael Koempel, Form 4, SEC filing, insider transaction, stock award, restricted stock, CFO, equity, beneficial ownership, tax withholding