Form 4: Superior Group of Companies Officer Exercises Options and Sells Shares
SEC Form 4 Filing
Jake Himelstein, President of BAMKO, LLC, a subsidiary of Superior Group of Companies, exercised stock options and sold shares on March 18, 2024.
Summary
- On March 18, 2024, Jake Himelstein, President of BAMKO, LLC, exercised stock options to acquire 7,000 shares of Superior Group of Companies common stock at a price of $10.97 per share.
- Simultaneously, Mr. Himelstein sold 7,000 shares of common stock at a weighted average price of $15.73, with sales ranging from $15.37 to $16.12.
- Following these transactions, Mr. Himelstein beneficially owns 38,825 shares of Superior Group of Companies common stock, some of which are subject to forfeiture under restricted stock awards.
Sentiment
Score: 5
Explanation: This is a neutral event. An officer exercised options and sold the shares, which is a common practice. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/07/2022 | Date stock options were exercisable |
| 02/07/2025 | Expiration date of stock options |
| 03/18/2024 | Date of option exercise and share sale |
| 03/20/2024 | Date of Form 4 filing |
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