Douglas Dynamics (PLOW) Form 4: Director gets 1,928 shares 10/30/2025

Douglas Dynamics (PLOW) filed a Form 4 reporting that Director Bradley M. Nelson acquired 1,928 shares of common stock on 10/30/2025.

Accepted by SEC EDGAR 10/31/2025 - 04:43 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Douglas Dynamics (PLOW) filed a Form 4 reporting that Director Bradley M. Nelson acquired 1,928 shares of common stock on 10/30/2025. The transaction price was $0, indicating a no-cash acquisition method disclosed in the form.

Following this transaction, Nelson beneficially owns 1,928 shares, held directly. No derivative securities were reported in this filing.

Insider Trade Summary

Grant/Award: 1,928 shares

Grant/Award 1 txn

Insider Nelson Bradley M.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,928	$0.00	$0.00

Holdings After Transaction: Common Stock — 1,928 shares (Direct)

Holdings Before and After: Common Stock, 0 to 1,928 shares (Direct)

FAQ

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

What did PLOW report in this Form 4?

A director, Bradley M. Nelson, acquired 1,928 shares of common stock on 10/30/2025.

How many PLOW shares were acquired and at what price?

The filing reports 1,928 shares acquired at a transaction price of $0.

What is the director’s ownership after the transaction?

Beneficial ownership stands at 1,928 shares following the reported transaction.

Is the ownership direct or indirect?

The shares are held directly by the reporting person.

Were any derivative securities reported?

No. The filing’s derivative securities table shows no entries.

What is the insider’s relationship to Douglas Dynamics (PLOW)?

The reporting person is a Director of Douglas Dynamics, Inc.

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

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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^*

Nelson Bradley M.

(Last) (First) (Middle)

11270 W. PARK PLACE

SUITE 300

(Street)

MILWAUKEE WI 53224

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	10/30/2025		A		1,928	A	$0	1,928	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	10/31/2025
	** 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.