Form 4: Superior Group of Companies Officer Acquires Shares and Settles Tax Obligations

Jake Himelstein, President of BAMKO, LLC, a subsidiary of Superior Group of Companies, recently acquired shares and had shares withheld for tax obligations.

Summary

• On August 14, 2024, Jake Himelstein, President of BAMKO, LLC, purchased 2,000 shares of Superior Group of Companies common stock at a weighted-average price of $13 per share.
• On July 1, 2024, 6,401 shares were withheld by the issuer to cover applicable withholding taxes related to the vesting of a restricted stock award at a price of $18.91.
• Following these transactions, Himelstein directly owns 40,825 shares of common stock, some of which are subject to forfeiture (12,341 shares).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company officer. 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 stock transactions by company insiders. This filing indicates changes in beneficial ownership by an officer of Superior Group of Companies.

Stakeholder Impact

• Shareholders are informed about changes in beneficial ownership by company insiders.
• The company is involved in withholding shares for tax obligations related to employee stock awards.

Key Dates