Form 4: Superior Group of Companies Director Sells 12,500 Shares

Andrew D. DeMott Jr., a director at Superior Group of Companies, sold 12,500 shares of common stock at an average price of $16.3223 per share.

Summary

• Andrew D. DeMott Jr., a director of Superior Group of Companies, sold 12,500 shares of the company's common stock on November 14, 2024.
• The shares were sold at a weighted average price of $16.3223 per share.
• Following the transaction, Mr. DeMott beneficially owns 205,281 shares of Superior Group of Companies.
• Some of these shares are subject to forfeiture, with 11,303 shares still subject to forfeiture as of the filing date.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, which is a common occurrence. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Similar filings are made by directors and officers of companies like Cintas Corporation (CTAS) and Aramark (ARMK), which are also in the uniform and apparel industry.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is generally considered a normal part of market activity.

Key Dates

Keywords

Form 4, insider trading, stock sale, beneficial ownership, Superior Group of Companies, SGC, director