Superior Group (SGC) president receives 40,000 performance share award
Rhea-AI Filing Summary
SUPERIOR GROUP OF COMPANIES, INC. reported initial insider holdings for Christopher Henry Heyn, President of SCS, showing a grant of 40,000 performance shares under the issuer's 2022 Equity Incentive Awards Plan.
The performance share award relates to common stock and carries a stated exercise price of $0.00 per share. According to the award terms, the shares vest only if Heyn remains continuously employed by the company or its subsidiaries through specified vesting dates and if certain performance metrics are satisfied, with provisions for possible accelerated vesting under the April 7, 2026 award agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Heyn Christopher Henry
Role
President, SCS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Share Award | -- | -- | -- |
Holdings After Transaction:
Performance Share Award — 40,000 shares (Direct)
Footnotes (2)
- F1. Represents a grant of 40,000 performance shares under the issuer's 2022 Equity Incentive Awards Plan. The performance shares vest so long as the Grantee remains continuously employed by the issuer or one of its subsidiaries through such date(s) as set forth in the agreement and if certain performance metrics are satisfied, subject to accelerated vesting, as set forth in the award agreement dated April 7, 2026.
- F2. Refer to Footnote 1
Key Figures
Performance share grant: 40,000 performance shares
Underlying common stock: 40,000 shares
Exercise price: $0.00 per share
+1 more
4 metrics
Performance share grant
40,000 performance shares
Grant under 2022 Equity Incentive Awards Plan
Underlying common stock
40,000 shares
Underlying security shares for performance share award
Exercise price
$0.00 per share
Stated exercise/conversion price of performance share award
Award agreement date
April 7, 2026
Date of award agreement governing vesting and performance
Key Terms
Performance Share Award, 2022 Equity Incentive Awards Plan, accelerated vesting, continuous employment
4 terms
2022 Equity Incentive Awards Plan financial
"Represents a grant of 40,000 performance shares under the issuer's 2022 Equity Incentive Awards Plan."
accelerated vesting financial
"subject to accelerated vesting, as set forth in the award agreement dated April 7, 2026."
continuous employment financial
"The performance shares vest so long as the Grantee remains continuously employed by the issuer or one of its subsidiaries"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider position does the Form 3 for SGC disclose?
The Form 3 for Superior Group of Companies (SGC) discloses that Christopher Henry Heyn, President of SCS, holds a 40,000-unit performance share award tied to the company’s common stock, reflecting his initial reportable equity-based compensation position.