Duluth Holdings director receives 3,410-share award

Duluth Holdings Inc. director Janet H. Kennedy acquired an award of 3,410 shares of Class B Common Stock on November 1, 2026, under the 2024 Equity Incentive Plan for service as a director, in lieu of her quarterly cash retainer.

Available on EDGAR 11/03/2026 - 04:54 PM EST Accepted by SEC EDGAR 11/03/2026 - 04:53 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Duluth Holdings Inc. director Janet H. Kennedy acquired an award of 3,410 shares of Class B Common Stock on November 1, 2026, under the 2024 Equity Incentive Plan for service as a director, in lieu of her quarterly cash retainer. Her directly held position following the award was 146,636 shares.

Insider Trade Summary

Grant/Award: 3,410 shares

Grant/Award 1 txn

Insider Kennedy Janet H

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock F1	3,410	--	--

Holdings After Transaction: Class B Common Stock — 146,636 shares (Direct)

Holdings Before and After: Class B Common Stock, 143,226 to 146,636 shares (Direct)

Footnotes (1)

1. F1. Award of Class B Common Stock under the 2024 Equity Incentive Plan of Duluth Holdings Inc. in lieu of quarterly cash retainer for service as a director.

Key Figures

Award shares: 3,410 shares Direct shares after award: 146,636 shares Award date: November 1, 2026 +1 more

4 metrics

Award shares 3,410 shares Class B Common Stock awarded November 1, 2026

Direct shares after award 146,636 shares Janet H. Kennedy's directly held position following the award

Award date November 1, 2026 Class B Common Stock award

Equity Incentive Plan year 2024 Plan under which the award was made

Key Terms

Class B Common Stock, 2024 Equity Incentive Plan, quarterly cash retainer

3 terms

Class B Common Stock technical

"Award of Class B Common Stock"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

2024 Equity Incentive Plan financial

"under the 2024 Equity Incentive Plan"

quarterly cash retainer financial

"in lieu of quarterly cash retainer"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many DLTH shares did director Janet H. Kennedy receive?

Janet H. Kennedy acquired an award of 3,410 shares of Class B Common Stock on November 1, 2026. The award was made under the 2024 Equity Incentive Plan in lieu of her quarterly cash retainer, and her directly held position afterward was 146,636 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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

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^*

Kennedy Janet H

(Last) (First) (Middle)

201 EAST FRONT STREET

(Street)

MOUNT HOREB WISCONSIN 53572

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DULUTH HOLDINGS INC. [ DLTH ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/01/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock	11/01/2026		A		3,410	A	(1)	146,636	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. Award of Class B Common Stock under the 2024 Equity Incentive Plan of Duluth Holdings Inc. in lieu of quarterly cash retainer for service as a director.

	Dennis F. Connolly, as POA	11/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)