STOCK TITAN

DLH Holdings (NASDAQ: DLHC) holder buys 4,407 shares, updates stake

(Neutral)
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Mink Brook Asset Management LLC, a ten percent owner of DLH Holdings Corp., reported an open-market purchase of 4,407 shares of common stock on July 13, 2026 at a weighted average price of $5.0926 per share, with individual trade prices ranging from $5.0675 to $5.10. The shares are held indirectly through Mink Brook Partners LP, and reported holdings after the transaction total 2,158,300 shares, with this amendment correcting a prior mathematical error in the post-transaction share count. Mink Brook Asset Management, its general partner Mink Brook Capital GP LLC, and managing member William Mueller disclaim beneficial ownership except to the extent of their pecuniary interest, and the transaction is not reported under a Rule 10b5-1 trading plan.

Positive

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Negative

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Insider Mink Brook Asset Management LLC
Role 10% Owner
Bought 4,407 shs ($22K)
Type Security Shares Price Value
Purchase Common Stock, par value $0.001 per share ("Common Stock") F1, F2, F3, F4 4,407 $5.0926 $22K
Holdings After Transaction: Common Stock, par value $0.001 per share ("Common Stock") — 2,158,300 shares (Indirect, By Mink Brook Partners LP)
Footnotes (4)
  1. F1. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.0675 to $5.10 inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares bought at each price.
  2. F2. Total number of shares owned following this transaction was amended to correct a mathematical error.
  3. F3. Mink Brook Asset Management LLC, and the general partner for both funds, Mink Brook Capital GP LLC, disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that Mink Brook Asset Management LLC, Mink Brook Capital GP LLC or William Mueller as managing member of both, is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  4. F4. Represents securities owned directly by Mink Brook Partners LP (the "Fund"). As the investment manager of the Fund, Mink Brook Asset Management LLC may be deemed to beneficially own the securities owned directly by the Fund.
Shares purchased 4,407 shares Common stock bought on July 13, 2026
Weighted average purchase price $5.0926 per share Open-market transactions for DLH Holdings common stock
Purchase price range $5.0675–$5.10 per share Range of individual trade prices included in the transaction
Shares owned after transaction 2,158,300 shares Indirect holdings reported following the corrected total
Transaction date 2026-07-13 Date of reported open-market purchase
Net buy shares in filing 4,407 shares Net shares purchased across all reported transactions
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest"
beneficial ownership regulatory
"disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16(a) regulatory
"for purposes of Section 16(a) of the Securities Exchange Act of 1934"
ten percent owner regulatory
"Mink Brook Asset Management LLC is indicated as a ten percent owner"

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FAQ

What insider transaction in DLHC did Mink Brook Asset Management report?

Mink Brook Asset Management reported a purchase of 4,407 DLH Holdings Corp. shares on July 13, 2026. The common stock was bought in open-market trades at a weighted average price of $5.0926 per share.

At what prices were the DLHC shares purchased in this Form 4/A?

The DLHC shares were bought at a weighted average price of $5.0926 per share. Individual trades occurred at prices ranging from $5.0675 to $5.10 inclusive, as disclosed in the filing’s pricing footnote.

How many DLHC shares does Mink Brook report owning after this transaction?

After the reported trade, the filing lists 2,158,300 DLH Holdings shares owned indirectly. The amendment specifically notes that this post-transaction total was corrected to fix a prior mathematical error.

How are the DLHC shares held by Mink Brook Asset Management structured?

The DLHC securities are reported as being owned directly by Mink Brook Partners LP. As the Fund’s investment manager, Mink Brook Asset Management LLC may be deemed to beneficially own those securities, held as indirect ownership.

Does Mink Brook Asset Management claim full beneficial ownership of these DLHC shares?

No. Mink Brook Asset Management, its general partner, and managing member disclaim beneficial ownership of the DLHC shares except to the extent of their pecuniary interest, consistent with Section 16(a) disclosure practices.

Was the DLHC insider purchase made under a Rule 10b5-1 trading plan?

The filing indicates the transaction was not made under a Rule 10b5-1 trading plan. The document’s 10b5-1 checkbox is unchecked, and no footnote identifies the trade as pursuant to such a plan.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mink Brook Asset Management LLC

(Last)(First)(Middle)
201 SUMMA STREET

(Street)
WEST PALM BEACH FLORIDA 33405

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DLH Holdings Corp. [ DLHC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
07/14/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.001 per share ("Common Stock")07/13/2026P4,407A$5.0926(1)2,158,300(2)IBy Mink Brook Partners LP(3)(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.0675 to $5.10 inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares bought at each price.
2. Total number of shares owned following this transaction was amended to correct a mathematical error.
3. Mink Brook Asset Management LLC, and the general partner for both funds, Mink Brook Capital GP LLC, disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that Mink Brook Asset Management LLC, Mink Brook Capital GP LLC or William Mueller as managing member of both, is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose.
4. Represents securities owned directly by Mink Brook Partners LP (the "Fund"). As the investment manager of the Fund, Mink Brook Asset Management LLC may be deemed to beneficially own the securities owned directly by the Fund.
Remarks:
/s/ William Mueller07/31/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)