Superior Group (SGC) CFO reports tax withholding of 5,810 shares
Rhea-AI Filing Summary
Superior Group of Companies CFO Michael Koempel reported a tax-related share withholding tied to restricted stock vesting. On 02/03/2026, 5,810 shares of common stock were withheld by the issuer at $9.98 per share to cover withholding taxes. After this, Koempel beneficially owned 79,230 common shares, including restricted stock awards, of which 54,351 remained subject to forfeiture as of this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,810 shares
Net Sell
1 txn
Insider
KOEMPEL MICHAEL
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,810 | $9.98 | $58K |
Holdings After Transaction:
Common Stock — 79,230 shares (Direct)
Footnotes (2)
- F1. Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of a restricted stock award.
- F2. Certain of these shares were granted under restricted stock awards and are subject to forfeiture. Of such shares, 54,351 continue to be subject to forfeiture as of the date of this filing.
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FAQ
What did Superior Group (SGC) CFO Michael Koempel report in this Form 4?
CFO Michael Koempel reported that 5,810 shares of Superior Group common stock were withheld on 02/03/2026. The issuer withheld these shares at $9.98 each to cover taxes from a restricted stock award vesting, rather than Koempel selling them in the open market.
What do the restricted stock forfeiture terms mean in this SGC filing?
The filing states that certain shares within Koempel’s 79,230 total were granted as restricted stock and may be forfeited. Specifically, 54,351 shares remained subject to forfeiture as of this Form 4, meaning they could be lost if award conditions are not met.
What is transaction code F in Michael Koempel’s SGC Form 4?
Transaction code F indicates shares were withheld to pay taxes upon vesting of an equity award. In this case, Superior Group withheld 5,810 common shares at $9.98 each to cover Koempel’s tax obligations from a restricted stock award vesting event.