STOCK TITAN

DLH Holdings (DLHC) 10% owner Mink Brook adds to position in stock

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DLH Holdings Corp. (DLHC) reported insider activity by 10% owner Mink Brook Asset Management LLC. An affiliated fund, Mink Brook Partners LP, purchased 1,000 shares of Common Stock on August 17, 2026 at a weighted average price of $4.5402 and 1,000 shares on August 18, 2026 at a weighted average price of $4.5359, both in multiple trades within disclosed price ranges. A related entity, Mink Brook Opportunity Fund LP, is reported as indirectly holding 694,322 shares, with Mink Brook Asset Management LLC and its general partner disclaiming beneficial ownership beyond their pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Mink Brook Asset Management LLC
Role 10% Owner
Bought 2,000 shs ($9K)
Type Security Shares Price Value
Purchase Common Stock, par value $0.001 per share ("Common Stock") F4, F2, F3 1,000 $4.5359 $5K
Purchase Common Stock, par value $0.001 per share ("Common Stock") F1, F2, F3 1,000 $4.5402 $5K
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") — 2,178,231 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 $4.48 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 $4.47 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.
  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 2026-08-17 1,000 shares Common Stock purchased indirectly by Mink Brook Partners LP
Weighted average price 2026-08-17 $4.5402 per share Purchases in multiple transactions at $4.48–$4.55
Shares purchased 2026-08-18 1,000 shares Common Stock purchased indirectly by Mink Brook Partners LP
Weighted average price 2026-08-18 $4.5359 per share Purchases in multiple transactions at $4.47–$4.55
Indirect holding by Mink Brook Opportunity Fund LP 694,322 shares Common Stock held indirectly as of August 17, 2026
Net shares bought 2,000 shares Net non-derivative purchases across 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.
beneficially own financial
"may be deemed to beneficially own the securities owned directly by the Fund"
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 financial
"disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest"
Section 16(a) of the Securities Exchange Act of 1934 regulatory
"beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934"

FAQ

What insider purchases in DLHC stock did Mink Brook Asset Management report?

Mink Brook Asset Management, a 10% owner of DLH Holdings Corp. (DLHC), reported buying 2,000 DLHC common shares through Mink Brook Partners LP over two days at weighted average prices around $4.54 per share, executed in multiple trades within specified price ranges.

At what prices were the recent DLHC insider share purchases made?

The reported DLHC purchases were made at weighted average prices of $4.5402 on August 17, 2026 and $4.5359 on August 18, 2026, with individual trades executed in ranges of $4.48–$4.55 and $4.47–$4.55, respectively, by Mink Brook Partners LP.

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 shares of DLH Holdings Corp. (DLHC) common stock. Mink Brook Asset Management LLC may be deemed to beneficially own these securities as investment manager but disclaims beneficial ownership beyond its pecuniary interest.

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

Mink Brook Asset Management does not claim full beneficial ownership of the DLHC shares reported. It and its general partner disclaim beneficial ownership of the shares except to the extent of their pecuniary interest, and state that the filing should not be construed as an admission of beneficial ownership.

Were the reported DLHC insider trades executed through affiliated funds?

Yes. The DLHC share purchases were made by Mink Brook Partners LP, and a holding of 694,322 shares is reported for Mink Brook Opportunity Fund LP. Mink Brook Asset Management LLC is investment manager to both funds and may be deemed to beneficially own the funds’ directly held securities.

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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)
08/17/2026
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")08/17/2026P1,000A$4.5402(1)2,177,231IBy Mink Brook Partners LP(2)(3)
Common Stock, par value $0.001 per share ("Common Stock")08/18/2026P1,000A$4.5359(4)2,178,231IBy 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 $4.48 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 $4.47 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.
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 Mueller08/18/2026
** 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)