Duluth Holdings (DLTH) grants director 3,695 Class B shares as retainer

Rhea-AI Filing Summary

Kennedy Janet H reported acquisition or exercise transactions in this Form 4 filing.

Duluth Holdings Inc. director Janet H. Kennedy received an award of 3,695 shares of Class B Common Stock on August 2, 2026, under the 2024 Equity Incentive Plan in lieu of a quarterly cash retainer for board service. Following this grant, she directly holds 143,226 Class B shares.

Insider Trade Summary

Net Buyer: 3,695 shares

Net Buy 1 txn

Insider Kennedy Janet H

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock F1	3,695	--	--

Holdings After Transaction: Class B Common Stock — 143,226 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

Shares awarded: 3,695 shares Shares held after award: 143,226 shares Non-derivative transactions reported: 1 grant

3 metrics

Shares awarded 3,695 shares Class B Common Stock granted on August 2, 2026

Shares held after award 143,226 shares Director’s direct Class B Common Stock holdings following the grant

Non-derivative transactions reported 1 grant Grant/award acquisition of Class B Common Stock reported for the period

Key Terms

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

3 terms

Class B Common Stock financial

"Award of Class B Common Stock under the 2024 Equity Incentive Plan"

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 of Duluth Holdings Inc."

quarterly cash retainer financial

"in lieu of quarterly cash retainer for service as a director"

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

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Available on EDGAR 08/04/2026 - 04:26 PM Accepted by SEC EDGAR 08/04/2026 - 04:26 PM Learn about SEC filing dates

FAQ

What insider transaction did Duluth Holdings (DLTH) report for August 2, 2026?

Duluth Holdings reported that director Janet H. Kennedy received an award of 3,695 shares of Class B Common Stock on August 2, 2026. The shares were granted as part of her director compensation.

How many Duluth Holdings (DLTH) shares does Janet H. Kennedy hold after the latest award?

After the August 2, 2026 stock award, Janet H. Kennedy directly holds 143,226 shares of Duluth Holdings Class B Common Stock. This total reflects her position following the 3,695-share director compensation grant.

Was the Duluth Holdings (DLTH) insider transaction a purchase or a grant?

The transaction was a grant/award acquisition, not a market purchase. Janet H. Kennedy received 3,695 Class B shares as a stock award rather than buying them on the open market.

Under what plan was the Duluth Holdings (DLTH) stock award to Janet H. Kennedy made?

The stock award was made under Duluth Holdings’ 2024 Equity Incentive Plan. The 3,695 Class B shares were granted in lieu of a quarterly cash retainer for her service as a director.

What is the nature of the compensation underlying Janet H. Kennedy’s new DLTH shares?

The 3,695 Class B shares granted to Janet H. Kennedy represent director compensation. They were awarded in lieu of a quarterly cash retainer for her board service, aligning part of her pay with company stock.

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)
08/02/2026

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	08/02/2026		A		3,695	A	(1)	143,226	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	08/04/2026
	** 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)