Duluth Holdings (DLTH) exec has 422 shares withheld to cover taxes

Rhea-AI Filing Summary

DULUTH HOLDINGS INC. executive Garth N. Weber, SVP of Brand and Marketing, reported a tax-related share disposition. On July 25, 2026, 422 shares of Class B Common Stock at $4.20 per share were used to satisfy tax withholding obligations upon vesting of restricted stock. After this transaction, he directly holds 169,962 Class B shares.

Insider Trade Summary

Net Seller: 422 shares

Net Sell 1 txn

Insider Weber Garth N.

Role SVP of Brand and Marketing

Type	Security	Shares	Price	Value
Tax Withholding	Class B Common Stock F1	422	$4.20	$2K

Holdings After Transaction: Class B Common Stock — 169,962 shares (Direct)

Footnotes (1)

1. F1. Represents shares used to satisfy tax withholding obligation upon vesting of restricted stock.

Key Figures

Shares withheld for taxes: 422 shares Price per share: $4.20 per share Shares held after transaction: 169,962 shares +1 more

4 metrics

Shares withheld for taxes 422 shares Class B Common Stock used to satisfy tax withholding obligation upon vesting of restricted stock on July 25, 2026

Price per share $4.20 per share Value per share for the 422 Class B shares used to satisfy tax withholding

Shares held after transaction 169,962 shares Directly held Class B Common Stock by Garth N. Weber after the July 25, 2026 transaction

Tax-related disposition transactions 1 transaction Number of non-derivative transactions coded “F” for tax withholding in this report

Key Terms

tax withholding obligation, restricted stock, Class B Common Stock

3 terms

tax withholding obligation financial

"Represents shares used to satisfy tax withholding obligation upon vesting"

restricted stock financial

"shares used to satisfy tax withholding obligation upon vesting of restricted stock"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Class B Common Stock financial

"security title reported as Class B Common Stock for the transaction"

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.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/28/2026 - 04:22 PM Accepted by SEC EDGAR 07/28/2026 - 04:21 PM Learn about SEC filing dates

FAQ

What insider transaction did Duluth Holdings (DLTH) report for Garth N. Weber?

Garth N. Weber reported 422 Class B shares used to satisfy tax withholding on vested restricted stock. The transaction is coded “F” for payment of tax liability by delivering or withholding securities, and reflects a non-derivative disposition rather than a typical buy or sell.

How many Duluth Holdings (DLTH) shares were used to satisfy taxes in this Form 4?

The filing shows 422 shares of Class B Common Stock used to cover tax withholding. These shares relate to the vesting of restricted stock and were disposed of specifically to meet the associated tax obligation, according to the footnote disclosure.

What price per share applied to the Duluth Holdings (DLTH) tax-withholding shares?

The tax-related share disposition used a value of $4.20 per share. This per-share amount applies to the 422 Class B shares used to satisfy the tax withholding obligation connected with the vesting of restricted stock on July 25, 2026.

How many Duluth Holdings (DLTH) shares does Garth N. Weber hold after the transaction?

After the reported transaction, Garth N. Weber directly holds 169,962 shares of Class B Common Stock. This figure reflects his position following the 422-share tax-withholding disposition tied to restricted stock vesting on July 25, 2026.

Was the Duluth Holdings (DLTH) insider transaction made under a Rule 10b5-1 trading plan?

The transaction was not affirmed as under a Rule 10b5-1 trading plan; the related checkbox is marked false. The disposition is instead characterized as shares used to satisfy tax withholding obligations upon vesting of restricted stock.

Did Garth N. Weber execute an open-market sale of Duluth Holdings (DLTH) shares?

The transaction is coded “F” for payment of tax liability by delivering or withholding securities, not as an open-market sale. The footnote explains that 422 shares were used to satisfy tax withholding when restricted stock vested.

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^*

Weber Garth N.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP of Brand and Marketing

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/25/2026

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	07/25/2026		F		422(1)	D	$4.2	169,962	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. Represents shares used to satisfy tax withholding obligation upon vesting of restricted stock.

	Dennis F. Connolly, as POA	07/28/2026
	** 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)