Director Susan Lattmann granted 9,583 SGC restricted shares as equity award
Rhea-AI Filing Summary
Lattmann Susan E. reported acquisition or exercise transactions in this Form 4 filing.
SUPERIOR GROUP OF COMPANIES, INC. director Susan E. Lattmann received a grant of 9,583 shares of common stock as a restricted stock award on May 7, 2026, at no cash cost to her. The award vests on May 7, 2029.
The filing notes that the issuer’s common stock closed at $12.00 per share on NASDAQ on the grant date, giving a clear reference value for the award. After this grant, 22,194 shares held by Lattmann remain subject to forfeiture under restricted stock terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,583 shares
Net Buy
1 txn
Insider
Lattmann Susan E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,583 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 22,194 shares (Direct)
Footnotes (3)
- F1. This is a restricted stock award which vests on the third anniversary of the grant date or 05/07/2029.
- F2. 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.
- F3. Certain of these shares were granted under restricted stock awards and are subject to forfeiture. Of such shares, 22,194 continue to be subject to forfeiture as of the date of this filing.
Key Figures
Restricted shares granted: 9,583 shares
Reference stock price: $12.00 per share
Shares after transaction subject to forfeiture: 22,194 shares
+1 more
4 metrics
Restricted shares granted
9,583 shares
Restricted stock award to director on May 7, 2026
Reference stock price
$12.00 per share
NASDAQ closing price on May 7, 2026 grant date
Shares after transaction subject to forfeiture
22,194 shares
Restricted shares still subject to forfeiture as of filing
Total shares following transaction
22,194 shares
Director’s reported holdings after the grant
Key Terms
restricted stock award, vests, subject to forfeiture
3 terms
restricted stock award financial
"This is a restricted stock award which vests on the third anniversary"
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.
vests financial
"which vests on the third anniversary of the grant date or 05/07/2029"
subject to forfeiture financial
"Certain of these shares were granted under restricted stock awards and are subject to forfeiture."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Susan E. Lattmann report in this Form 4 for SGC?
Susan E. Lattmann reported receiving 9,583 shares of Superior Group of Companies common stock as a restricted stock award. The grant is compensation, involves no purchase price, and increases her directly held equity that remains subject to vesting and potential forfeiture.
What was SGC’s stock price used as a reference for this grant?
On May 7, 2026, the grant date for Susan E. Lattmann’s restricted stock award, Superior Group of Companies’ common stock closed at $12.00 per share on NASDAQ. This closing price provides a market-based reference for the award’s initial value.
Is Susan E. Lattmann’s Form 4 transaction a market purchase or sale of SGC stock?
The transaction is not a market purchase or sale; it is a grant. Lattmann acquired 9,583 shares of Superior Group of Companies common stock as a restricted stock award, classified as a grant or award acquisition with no cash paid per share.