Form 4: Superior Group of Companies Director Andrew Demott Jr. Gifts 850 Shares
SEC Form 4 Filing
Director Andrew Demott Jr. of Superior Group of Companies gifted 850 shares of common stock on September 10, 2024.
Summary
- On September 10, 2024, Andrew Demott Jr., a director at Superior Group of Companies, gifted 850 shares of common stock.
- The transaction did not involve any payment of consideration to Demott.
- Following the transaction, Demott beneficially owns 218,531 shares of common stock, some of which are subject to forfeiture under restricted stock awards.
- As of the filing date, 11,303 shares remain subject to forfeiture.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a gift of shares. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a gift of shares by a director, which is a common transaction type.
Stakeholder Impact
- The gift of shares by a director may have a minor impact on shareholder perception, but is unlikely to be material.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of the stock gift transaction. |
| 09/12/2024 | Date of the Form 4 filing. |
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