Form 4: Superior Group of Companies Director Venita Fields Transfers Shares via Gift

Director Venita Fields of Superior Group of Companies transferred 668 common stock shares as a gift on November 21, 2024.

Summary

• Venita Elaine Fields, a director at Superior Group of Companies, filed a Form 4 indicating a change in beneficial ownership.
• On November 21, 2024, Ms. Fields transferred 668 shares of common stock as a gift.
• The transfer was a non-sale transaction, with no payment of consideration received by Ms. Fields.
• Following the transaction, Ms. Fields beneficially owns 25,074 shares of Superior Group of Companies common stock.
• 18,212 of these shares are subject to forfeiture as they were granted under restricted stock awards.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to a personal transaction by a director. It does not indicate any positive or negative sentiment towards the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance and provide transparency into the transactions of company insiders. This filing is specific to a director's personal transaction and does not reflect any broader company performance or strategy.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
• The transaction is a personal transfer by a director and does not reflect any operational or financial performance of the company.
• Similar filings are made by directors and officers of all publicly traded companies when they have transactions in their company's stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a personal transfer of shares by a director and does not affect the company's operations or financial position.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Stock Transfer, Gift, Restricted Stock, Superior Group of Companies, SGC