[Form 4] DLH Holdings Corp. Insider Trading Activity

Rhea-AI Filing Summary

Stephen J. Zelkowicz, a director of DLH Holdings Corp. (DLHC), was granted 10,941 restricted stock units on 10/01/2025 under the company’s 2025 Equity Incentive Plan. The award carries a $0 transaction price and vests in full on September 30, 2026. After the reported grant, the filing shows total beneficial ownership of 57,317 shares.

Insights

Corporate Governance Expert

Director received 10,941 RSUs vesting on 9/30/2026.

The form discloses a grant of 10,941 restricted stock units under the 2025 Equity Incentive Plan with an associated transaction price of $0. The award vests in full on September 30, 2026.

The reported grant increases the reporting person’s beneficial ownership to 57,317 shares as shown on the form, a fact investors can verify from the filing.

SEC Form 4

FORM 4

UNITED 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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

ZELKOWICZ STEPHEN

(Last) (First) (Middle)

DLH HOLDINGS CORP

3565 PIEDMONT ROAD, NE BLDG. 3-700

(Street)

ATLANTA GA 30305

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DLH Holdings Corp. [ DLHC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	10/01/2025		A		10,941	A	$0	57,317	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Grant of restricted stock units pursuant to the Company's 2025 Equity Incentive Plan. The award vests in full on September 30, 2026.

Remarks:

	/s/ Stephen J. Zelkowicz	10/02/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transaction did DLHC director Stephen Zelkowicz report on Form 4?

He reported a grant of 10,941 restricted stock units (RSUs) acquired on 10/01/2025 under the 2025 Equity Incentive Plan.

When do the restricted stock units vest for DLHC insider Stephen Zelkowicz?

The RSU award vests in full on September 30, 2026.

What price was reported for the DLHC RSU grant?

The transaction price reported for the RSU grant was $0.

How many DLHC shares does Stephen Zelkowicz beneficially own after the grant?

The Form 4 shows total beneficial ownership of 57,317 shares following the reported transaction.

Under which equity plan were the DLHC RSUs granted?

The award was granted pursuant to the company’s 2025 Equity Incentive Plan.