Superior Group (SGC) director granted 9,583 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DEMOTT ANDREW D JR reported acquisition or exercise transactions in this Form 4 filing.
SUPERIOR GROUP OF COMPANIES, INC. director Andrew D. DeMott Jr. received a grant of 9,583 shares of Common Stock as a restricted stock award. The award carries no purchase price and vests on the third anniversary of the grant date, or May 7, 2029.
On the grant date, the issuer’s common stock closed at $12.00 per share on NASDAQ. After this grant, DeMott directly owns 209,809 shares of Common Stock, of which 29,731 shares are restricted and remain subject to forfeiture as of this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DEMOTT ANDREW D JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,583 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 209,809 shares (Direct, null)
Footnotes (1)
- This is a restricted stock award which vests on the third anniversary of the grant date or 05/07/2029. On May 7, 2026, the date such restricted stock award was granted, the closing price of the issuer's common stock on the NASDAQ was $12.00 per share. Certain of these shares were granted under restricted stock awards and are subject to forfeiture. Of such shares, 29,731 continue to be subject to forfeiture as of the date of this filing.
Key Figures
Restricted shares granted: 9,583 shares
Grant vesting date: May 7, 2029
Closing stock price on grant date: $12.00 per share
+2 more
5 metrics
Restricted shares granted
9,583 shares
Restricted stock award on May 7, 2026
Grant vesting date
May 7, 2029
Third anniversary of grant date
Closing stock price on grant date
$12.00 per share
NASDAQ close on May 7, 2026
Total shares after transaction
209,809 shares
Direct Common Stock holdings after award
Shares subject to forfeiture
29,731 shares
Restricted shares still subject to forfeiture as of filing
Key Terms
restricted stock award, subject to forfeiture, Common Stock, vesting
4 terms
restricted stock award financial
"This is a restricted stock award which vests on the third anniversary of the grant date"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
subject to forfeiture financial
"Certain of these shares were granted under restricted stock awards and are subject to forfeiture"
Common Stock financial
"On May 7, 2026, the date such restricted stock award was granted, the closing price of the issuer's 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.
vesting financial
"restricted stock award which vests on the third anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Andrew D. DeMott Jr. acquire in the latest SGC Form 4?
Andrew D. DeMott Jr., a director of Superior Group of Companies, received a grant of 9,583 shares of Common Stock as a restricted stock award. The shares were awarded at no purchase price and represent equity-based compensation rather than an open-market stock purchase.
What was Superior Group of Companies’ stock price on the grant date?
On May 7, 2026, the date the restricted stock award was granted, Superior Group of Companies’ common stock closed at $12.00 per share on NASDAQ. This closing price provides a reference for the market value of the equity compensation granted on that day.