Douglas Dynamics (PLOW) executive sells 869 shares in open-market trade

Rhea-AI Filing Summary

Douglas Dynamics, Inc. executive Christopher E. Bernauer, President of Work Truck Attachments, sold 869 shares of common stock in an open-market transaction at an average price of $42.6065 per share. Following this sale, he directly holds 9,243 shares of the company’s common 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

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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^*

Bernauer Christopher E

(Last) (First) (Middle)

C/O DOUGLAS DYNAMICS, INC.

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres. Work Truck Attachments

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		S		869	D	$42.6065	9,243	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:

Remarks:

President, Work Truck Attachments

	/s/ Jon J. Sisulak, Attorney-in-Fact for Christopher E. Bernauer	03/11/2026
	** 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.

FAQ

What insider transaction did Douglas Dynamics (PLOW) report for Christopher Bernauer?

Douglas Dynamics reported that executive Christopher E. Bernauer sold 869 shares of common stock. The transaction was an open-market sale at an average price of $42.6065 per share, and it reduced but did not eliminate his direct ownership stake.

At what price were the Douglas Dynamics (PLOW) shares sold in this Form 4?

The reported sale was executed at an average price of $42.6065 per share. This reflects the per-share consideration Bernauer received in the open-market transaction disclosed in the Form 4 filing for Douglas Dynamics, Inc.

How many Douglas Dynamics (PLOW) shares does Christopher Bernauer hold after the sale?

After the sale, Christopher E. Bernauer directly holds 9,243 shares of Douglas Dynamics common stock. This post-transaction balance, reported in the Form 4, shows he retains a continuing equity position in the company despite the recent sale.

What is the total size of the insider sale reported for Douglas Dynamics (PLOW)?

The insider transaction involved the sale of 869 shares of Douglas Dynamics common stock. It was reported as a single open-market sale, indicating a relatively small, discrete trade rather than a large multi-step disposition or derivatives-related exercise.

What role does the insider selling Douglas Dynamics (PLOW) shares hold at the company?

The selling insider, Christopher E. Bernauer, serves as President of Work Truck Attachments at Douglas Dynamics, Inc. His Form 4 filing reflects a personal open-market sale while he continues to hold a direct stake in the company’s common stock.