Form 4: Superior Group of Companies Director Acquires Shares and Stock Options

Director Susan E. Lattmann acquired 3,766 shares of common stock and 2,750 non-qualified stock options in Superior Group of Companies on May 9, 2024.

Summary

• On May 9, 2024, Susan E. Lattmann, a director of Superior Group of Companies, acquired 3,766 shares of common stock.
• These shares were granted as a restricted stock award, vesting on May 9, 2027.
• Lattmann also acquired 2,750 non-qualified stock options with an exercise price of $19.91, exercisable from May 9, 2026, and expiring on May 9, 2034.
• The closing price of Superior Group of Companies' common stock on the NASDAQ on May 9, 2024, was $19.91 per share.
• As of the filing date, 3,766 shares are subject to forfeiture.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. Insider buying can be a positive signal, but it's a routine transaction.

Positives

• The acquisition of shares and stock options by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Risks

• The restricted stock award is subject to forfeiture, which could impact the director's holdings if certain conditions are not met.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the actions of company directors and their investment in the company's stock.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often viewed favorably.

Key Dates