Form 4: Superior Group of Companies Director Spencer Loreen M. Acquires 3,500 Shares

Director Spencer Loreen M. of Superior Group of Companies, Inc. (SGC) purchased 3,500 shares of common stock at a weighted-average price of $13.1952 on August 14, 2024.

Summary

• On August 14, 2024, Spencer Loreen M., a director of Superior Group of Companies, Inc. (SGC), acquired 3,500 shares of common stock.
• The purchase was made at a weighted-average price of $13.1952 per share, with individual transaction prices ranging from $13.195 to $13.2017.
• Following the transaction, Spencer Loreen M. directly owns 7,266 shares of SGC common stock, some of which are subject to forfeiture under restricted stock awards.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine disclosure of a director's stock purchase. The purchase itself could be seen as slightly positive, but the filing is simply a procedural requirement.

Positives

• The director's purchase could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. Investors often monitor these filings to gauge sentiment and potential future performance.

Stakeholder Impact

• The director's stock purchase may have a minor positive impact on shareholder sentiment.

Key Dates