Form 4: Superior Group of Companies Director Receives Restricted Stock Award

Superior Group of Companies, Inc. Director Andrew D. Demott Jr. was granted 8,845 shares of restricted common stock on July 1, 2025, vesting in three years.

Summary

• Andrew D. Demott Jr., a Director of Superior Group of Companies, Inc. (SGC), acquired 8,845 shares of common stock.
• The transaction occurred on July 1, 2025.
• This acquisition was a restricted stock award.
• The award vests on July 1, 2028, which is the third anniversary of the grant date.
• The closing price of SGC's common stock on the grant date (July 1, 2025) was $10.74 per share.
• Following this transaction, Andrew D. Demott Jr. beneficially owns 214,126 shares of common stock.
• Of the beneficially owned shares, 20,148 shares remain subject to forfeiture as of the filing date.

Sentiment

Score: 6

Explanation: The filing reports a routine restricted stock award to a director, which is a common form of executive compensation designed to align interests with long-term shareholder value. It is generally a neutral to slightly positive event as it indicates continued commitment from management.

Positives

• Grant of 8,845 restricted common stock shares to Director Andrew D. Demott Jr. aligns management interests with shareholder value.
• The award vests over three years, indicating a long-term commitment from the director.

Negatives

• 20,148 shares of the total beneficially owned shares remain subject to forfeiture.

Risks

• A portion of the beneficially owned shares (20,148) are subject to forfeiture.

Future Outlook

The restricted stock award granted to Director Andrew D. Demott Jr. is set to vest on July 1, 2028, indicating a long-term incentive and alignment with future company performance.

Industry Context

This Form 4 filing reflects a standard practice of executive compensation through equity awards, common across various industries to align management incentives with long-term shareholder value.

Comparison to Industry Standards

• NA

Related Party Transactions

• The acquisition of 8,845 shares of restricted common stock by Director Andrew D. Demott Jr. constitutes a related party transaction as it involves compensation to a member of the company's board.

Stakeholder Impact

• Shareholders: The grant of restricted stock to a director aims to align management's interests with long-term shareholder value, potentially benefiting shareholders through improved performance incentives.
• Employees: No direct impact on general employees is indicated.

Next Steps

• The restricted stock award is scheduled to vest on July 1, 2028.

Key Dates

Keywords

SGC, Superior Group of Companies, Form 4, insider trading, restricted stock, stock award, director compensation, equity, common stock