Douglas Dynamics (PLOW) director awarded 2,737 Common Stock shares

Rhea-AI Filing Summary

Nelson Bradley M. reported acquisition or exercise transactions in this Form 4 filing.

DOUGLAS DYNAMICS, INC. director Bradley M. Nelson received a grant of 2,737 shares of Common Stock on April 29, 2026. The shares were awarded at a price of $0.00 per share, indicating a compensation-related stock award rather than an open-market purchase. Following this grant, Nelson directly holds 4,665 shares of the company’s Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nelson Bradley M.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,737	$0.00	--

Holdings After Transaction: Common Stock — 4,665 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 2,737 shares Grant price per share: $0.00 per share Shares held after grant: 4,665 shares

3 metrics

Shares granted 2,737 shares Common Stock grant on April 29, 2026

Grant price per share $0.00 per share Equity award, not open-market purchase

Shares held after grant 4,665 shares Director’s direct holdings following transaction

Key Terms

Common Stock, grant/award acquisition, Form 4

3 terms

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

grant/award acquisition financial

"transaction_action: "grant/award acquisition""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

Nelson Bradley M.

(Last) (First) (Middle)

C/O DOUGLAS DYNAMICS, INC.

11270 W. PARK PLACE, SUITE 300

(Street)

MILWAUKEE WISCONSIN 53224

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DOUGLAS DYNAMICS, INC [ PLOW ]

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)
04/29/2026

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
Common Stock	04/29/2026		A		2,737	A	$0	4,665	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:

	/s/ Jon J. Sisulak, Attorney-in-Fact for Bradley M. Nelson	04/30/2026
	** 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)

FAQ

What insider transaction did DOUGLAS DYNAMICS (PLOW) report for Bradley M. Nelson?

DOUGLAS DYNAMICS reported that director Bradley M. Nelson received a grant of 2,737 shares of Common Stock. This was a compensation-related stock award, not an open-market trade, and increased his direct holdings to 4,665 shares after the transaction.

Was the PLOW insider transaction a stock purchase or a stock grant?

The PLOW insider transaction was a stock grant, not a market purchase. Director Bradley M. Nelson acquired 2,737 shares of Common Stock at $0.00 per share as a grant or award, reflecting equity-based compensation rather than cash investment in the open market.

How many DOUGLAS DYNAMICS (PLOW) shares does Bradley M. Nelson hold after this Form 4?

After the reported grant, Bradley M. Nelson directly holds 4,665 shares of DOUGLAS DYNAMICS Common Stock. His ownership increased from the addition of 2,737 granted shares, which were awarded at no cash cost according to the Form 4 filing details.

What does the $0.00 per share price mean in the PLOW Form 4 filing?

The $0.00 per share price indicates the shares were granted as compensation, not bought in the market. Director Bradley M. Nelson received 2,737 Common Stock shares at no cash cost, consistent with typical equity awards for board service at public companies.

Does the Form 4 for DOUGLAS DYNAMICS (PLOW) show any insider stock sales?

No insider stock sales are reported in this Form 4. The filing only shows an acquisition: a grant or award of 2,737 shares of Common Stock to director Bradley M. Nelson, increasing his direct holdings to 4,665 shares with no reported dispositions.