Duluth Holdings (DLTH) SVP has 9,415 vested shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Duluth Holdings Inc. senior vice president David Homolka reported a routine tax-related share disposition. On the vesting of restricted stock, 9,415 shares of Class B common stock were withheld at a price of $2.16 per share to satisfy tax withholding obligations. This was not an open-market sale. After the withholding, Homolka directly holds 266,998 shares of Class B common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Homolka David
Role
SVP,Talent,Oper.,AP&Safety
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock | 9,415 | $2.16 | $20K |
Holdings After Transaction:
Class B Common Stock — 266,998 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Duluth Holdings (DLTH) report for David Homolka?
Duluth Holdings reported that SVP David Homolka had 9,415 Class B shares withheld to cover taxes upon restricted stock vesting. This was a tax-withholding disposition, not an open-market sale, and reflects routine compensation-related activity rather than a discretionary trade.
Was the Duluth Holdings (DLTH) insider transaction an open-market sale?
No, the transaction was not an open-market sale. 9,415 shares were withheld to satisfy tax obligations triggered by restricted stock vesting. Such Form 4 code F transactions generally reflect automatic tax payments rather than a voluntary decision to sell shares in the market.
What does Form 4 code F mean in the Duluth Holdings (DLTH) filing?
Form 4 transaction code F indicates shares were disposed to pay an exercise price or tax liability. In this case, 9,415 Duluth Holdings Class B shares were withheld to satisfy tax withholding obligations when restricted stock vested, rather than being sold on the open market.
What role does David Homolka hold at Duluth Holdings (DLTH)?
David Homolka is an officer of Duluth Holdings serving as Senior Vice President of Talent, Operations, AP and Safety. His reported Form 4 transaction reflects shares withheld for taxes related to his equity compensation, not a discretionary buy or sell decision.