Duluth Holdings (DLTH) SVP granted 69,746 restricted Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DULUTH HOLDINGS INC. reported that SVP of Brand and Marketing Garth N. Weber acquired 69,746 shares of Class B Common Stock as a stock award on March 23, 2026. The grant was made at no cash cost to him as part of equity compensation.
These are restricted shares granted under the company’s 2024 Equity Incentive Plan and will vest in three equal installments beginning on March 23, 2027. After this award, Weber directly holds 172,058 shares of Class B Common Stock, illustrating a larger ongoing equity stake tied to long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weber Garth N.
Role
SVP of Brand and Marketing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 69,746 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 172,058 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Duluth Holdings (DLTH) report for Garth N. Weber?
Duluth Holdings reported that SVP of Brand and Marketing Garth N. Weber received 69,746 shares of Class B Common Stock as an equity award. The shares were granted at no cash cost as part of his compensation package.
Is the DLTH insider Form 4 for Garth Weber a stock purchase or a grant?
The Form 4 for Duluth Holdings SVP Garth Weber shows a stock grant, not a market purchase. Code “A” reflects a grant or award of 69,746 restricted shares under the company’s 2024 Equity Incentive Plan.
What plan governs the restricted stock granted to the DLTH executive?
The restricted shares for Duluth Holdings SVP Garth Weber were granted under the 2024 Equity Incentive Plan. Such plans are designed to deliver stock-based compensation that vests over time, aligning executive rewards with company performance and shareholder value.