STOCK TITAN

DLH Holdings Corp. (DLHC) fund reports 5,049-share open-market purchase

(Neutral)
(Positive)
Form Type
4

Rhea-AI Filing Summary

Mink Brook Asset Management LLC, a ten percent owner of DLH Holdings Corp., reported indirect purchases totaling 5,049 shares of common stock through Mink Brook Partners LP on 4 and 5 August 2026 at weighted average prices of $4.8692 and $4.8384 per share, respectively.

An affiliated vehicle, Mink Brook Opportunity Fund LP, held 694,322 shares indirectly as of 4 August 2026. The manager may be deemed to beneficially own fund-held shares but disclaims beneficial ownership beyond its pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Mink Brook Asset Management LLC
Role 10% Owner
Bought 5,049 shs ($25K)
Type Security Shares Price Value
Purchase Common Stock, par value $0.001 per share ("Common Stock") F4, F2, F3 1,049 $4.8384 $5K
Purchase Common Stock, par value $0.001 per share ("Common Stock") F1, F2, F3 4,000 $4.8692 $19K
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") — 2,172,214 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 $4.7995 to $4.90 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 $4.81 to $4.88 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 on 2026-08-04 4,000 shares Indirect purchase of common stock by Mink Brook Partners LP at weighted average price $4.8692
Shares purchased on 2026-08-05 1,049 shares Indirect purchase of common stock by Mink Brook Partners LP at weighted average price $4.8384
Price range 2026-08-04 $4.7995–$4.90 Range of prices for weighted-average purchase of 4,000 shares on 4 August 2026
Price range 2026-08-05 $4.81–$4.88 Range of prices for weighted-average purchase of 1,049 shares on 5 August 2026
Indirect holdings 694,322 shares Common stock held indirectly by Mink Brook Opportunity Fund LP as of 2026-08-04
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
"As the investment manager of the Fund, Mink Brook Asset Management LLC may be deemed to beneficially own"
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.
pecuniary interest regulatory
"disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein"
Section 16(a) of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended"

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FAQ

What insider purchases did Mink Brook Asset Management report for DLHC?

Mink Brook Asset Management LLC reported indirect purchases of 5,049 DLH Holdings Corp. common shares through Mink Brook Partners LP on 4 and 5 August 2026 at weighted average prices of $4.8692 and $4.8384 per share, according to the Form 4 disclosure.

On what dates and price ranges were DLHC shares acquired in this Form 4?

The filing shows purchases on 4 August 2026 and 5 August 2026. The 4 August trades occurred between $4.7995 and $4.90, while the 5 August trades occurred between $4.81 and $4.88, with reported weighted average prices for each day.

How many DLHC shares are indirectly held by Mink Brook Opportunity Fund LP?

Mink Brook Opportunity Fund LP is reported as indirectly holding 694,322 DLH Holdings Corp. common shares as of 4 August 2026. Mink Brook Asset Management LLC is the investment manager for this fund and may be deemed to beneficially own those securities.

How is beneficial ownership characterized for Mink Brook Asset Management in the DLHC filing?

The manager may be deemed to beneficially own securities held by Mink Brook Partners LP and Mink Brook Opportunity Fund LP as investment manager but disclaims beneficial ownership of those shares except to the extent of its pecuniary interest, consistent with Section 16(a) language.

Were the DLHC insider trades made under a Rule 10b5-1 trading plan?

The Form 4’s Rule 10b5-1 checkbox is not marked, and the footnotes do not reference any Rule 10b5-1 trading plan. The reported DLH Holdings Corp. share purchases therefore are not identified as being executed under a pre-arranged trading 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)
08/04/2026
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")08/04/2026P4,000A$4.8692(1)2,171,165IBy Mink Brook Partners LP(2)(3)
Common Stock, par value $0.001 per share ("Common Stock")08/05/2026P1,049A$4.8384(4)2,172,214IBy 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 $4.7995 to $4.90 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 $4.81 to $4.88 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 Mueller08/05/2026
** 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)