STOCK TITAN

Mink Brook adds 120 DLH Holdings shares at ~$4.54

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DLH Holdings Corp. (DLHC) had insider activity reported by Mink Brook Asset Management LLC, a ten percent owner. Through Mink Brook Partners LP, it purchased 79 shares on August 21, 2026 at a weighted average of $4.5471 and 41 shares on August 24, 2026 at a weighted average of $4.5291, both as indirect ownership. A related fund, Mink Brook Opportunity Fund LP, is reported as indirectly holding 694,322 shares of common stock as of August 21, 2026, with the manager disclaiming beneficial ownership beyond its pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Mink Brook Asset Management LLC
Role 10% Owner
Bought 120 shs ($544.91)
Type Security Shares Price Value
Purchase Common Stock, par value $0.001 per share ("Common Stock") F4, F2, F3 41 $4.5291 $185.69
Purchase Common Stock, par value $0.001 per share ("Common Stock") F1, F2, F3 79 $4.5471 $359.22
holding Common Stock, par value $0.001 per share ("Common Stock") F3, F5 -- -- --
Holdings After Transaction: Common Stock, par value $0.001 per share ("Common Stock") — 2,178,914 shares (Indirect, By Mink Brook Partners LP); Common Stock, par value $0.001 per share ("Common Stock") — 694,322 shares (Indirect, By Mink Brook Opportunity Fund LP)
Footnotes (5)
  1. F1. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.54 to $4.55 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. 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.
  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. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.52 to $4.545 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.
  5. F5. Represents securities owned directly by Mink Brook Opportunity Fund 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 2026-08-21 79 shares Indirect purchase of DLH Holdings Corp. common stock by Mink Brook Partners LP
Weighted average price 2026-08-21 $4.5471 per share Purchase of 79 shares, trades ranged from $4.54 to $4.55
Shares purchased 2026-08-24 41 shares Indirect purchase of DLH Holdings Corp. common stock by Mink Brook Partners LP
Weighted average price 2026-08-24 $4.5291 per share Purchase of 41 shares, trades ranged from $4.52 to $4.545
Indirect holding by Mink Brook Opportunity Fund LP 694,322 shares Common stock of DLH Holdings Corp. as of August 21, 2026
Net shares bought in reported period 120 shares Two open-market purchases of DLH Holdings Corp. common stock
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.
beneficially own regulatory
"Mink Brook Asset Management LLC may be deemed to beneficially own the securities"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
disclaims beneficial ownership regulatory
"Mink Brook Asset Management LLC, and the general partner for both funds, Mink Brook Capital GP LLC, disclaims beneficial ownership"
pecuniary interest financial
"disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest"

FAQ

What insider transactions in DLHC were reported by Mink Brook Asset Management LLC?

Mink Brook Asset Management LLC, as investment manager for Mink Brook Partners LP, reported purchases of 79 shares of DLHC on August 21, 2026 and 41 shares on August 24, 2026, both as indirect ownership positions in DLH Holdings Corp. common stock.

At what prices were the recent DLHC shares purchased by Mink Brook Partners LP?

The August 21, 2026 purchase of 79 shares used a weighted average price of $4.5471, with individual trades between $4.54 and $4.55. The August 24, 2026 purchase of 41 shares used a weighted average price of $4.5291, with trades between $4.52 and $4.545.

Are the DLHC insider purchases by Mink Brook Asset Management LLC direct or indirect?

The reported DLHC purchases are indirect. The shares are owned directly by Mink Brook Partners LP, and Mink Brook Asset Management LLC is reported as investment manager to the fund, with a disclaimer of beneficial ownership except for its pecuniary interest.

Does Mink Brook Asset Management LLC claim full beneficial ownership of its DLHC holdings?

No. Mink Brook Asset Management LLC, its general partner Mink Brook Capital GP LLC, and William Mueller disclaim beneficial ownership of the DLHC shares except to the extent of their pecuniary interest, and state the report should not be construed as an admission of beneficial ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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)
08/21/2026
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)

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")08/21/2026P79A$4.5471(1)2,178,873IBy Mink Brook Partners LP(2)(3)
Common Stock, par value $0.001 per share ("Common Stock")08/24/2026P41A$4.5291(4)2,178,914IBy Mink Brook Partners LP(2)(3)
Common Stock, par value $0.001 per share ("Common Stock")694,322IBy Mink Brook Opportunity Fund LP(3)(5)
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 $4.54 to $4.55 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. 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.
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. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.52 to $4.545 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.
5. Represents securities owned directly by Mink Brook Opportunity Fund 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 Mueller08/24/2026
** 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)