Superior Group (NASDAQ: SGC) director granted 9,583 restricted shares as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SIEGEL TODD E reported acquisition or exercise transactions in this Form 4 filing.
Superior Group of Companies director Todd E. Siegel received a restricted stock award of 9,583 shares of common stock on May 7, 2026. The shares were granted at no cash cost as equity compensation and will vest on the third anniversary of the grant date, or on May 7, 2029.
After this award, Siegel directly holds 75,607 shares of Superior Group common stock, including 29,731 shares that remain subject to forfeiture under restricted stock terms. On the grant date, the issuer’s stock closed at $12.00 per share on NASDAQ, indicating the market value used to reference the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SIEGEL TODD E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,583 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 75,607 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 stock award: 9,583 shares
Post-transaction holdings: 75,607 shares
Shares subject to forfeiture: 29,731 shares
+2 more
5 metrics
Restricted stock award
9,583 shares
Common stock grant on May 7, 2026
Post-transaction holdings
75,607 shares
Total common stock held directly after grant
Shares subject to forfeiture
29,731 shares
Restricted shares still subject to forfeiture as of filing date
Grant date closing price
$12.00 per share
NASDAQ closing price on May 7, 2026
Vesting date
May 7, 2029
Third anniversary of restricted stock grant
Key Terms
restricted stock award, subject to forfeiture, transaction code A, Form 4
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"
transaction code A regulatory
"transaction_code_description": "Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Todd E. Siegel report in this Form 4 for SGC?
Todd E. Siegel reported receiving a restricted stock award of 9,583 shares of Superior Group of Companies common stock. The grant was made on May 7, 2026 as equity compensation and increased his direct holdings to 75,607 shares after the transaction.
What was Superior Group of Companies’ stock price on the grant date?
On May 7, 2026, the date of the restricted stock grant to Todd E. Siegel, Superior Group of Companies’ common stock closed at $12.00 per share on NASDAQ. This closing price indicates the market value reference point for the equity award on the grant date.
Is the Form 4 transaction for SGC a market purchase or compensation grant?
The Form 4 transaction reflects a compensation-related grant, not a market purchase. Todd E. Siegel received 9,583 shares as a restricted stock award at no cash price, classified as a grant, award, or other acquisition under transaction code A in the filing.