[Form 4] SUPERIOR GROUP OF COMPANIES, INC. Insider Trading Activity
Paul V. Mellini, a director of Superior Group of Companies, Inc. (SGC), reported acquiring 500 shares of common stock and a non-qualified option covering 500 shares on 09/15/2025 at a price of $8.48 per share. Following these transactions, he beneficially owns 108,912 shares in total, held directly.
An explanatory note states that some shares were granted under restricted stock awards and remain subject to forfeiture: 28,277 of the shares continue to be subject to forfeiture as of this filing. The Form 4 was signed on 09/16/2025 by Melinda Barreiro on behalf of the reporting person.
- Insider purchase: Reporting person acquired 500 shares at $8.48, showing direct investment by a director.
- Options issued: A non-qualified option for 500 shares was recorded with the same $8.48 exercise price, aligning incentives with shareholders.
- Restricted shares outstanding: 28,277 shares remain subject to forfeiture, reducing the director’s immediately available stake.
Insights
TL;DR: Director purchased 500 shares and a 500-share option at $8.48, a small insider purchase relative to total holdings.
The transaction shows a director-level purchase of common stock and a non-qualified option, both executed at $8.48 per share on 09/15/2025. The acquired quantities (500 shares and a 500-share option) are modest compared with the reporting person’s total beneficial ownership of 108,912 shares, suggesting limited immediate market impact. The filing discloses 28,277 restricted shares still subject to forfeiture, which reduces the freely tradable stake.
TL;DR: Routine insider disclosure; purchase consistent with director participation in equity programs and restricted awards remain outstanding.
The Form 4 documents standard reporting under Section 16. The director status and direct ownership are clearly indicated. The presence of restricted shares (28,277) is material for governance oversight because it ties a portion of the director’s holdings to continued service or vesting conditions. No indication of other related-party or unusual transactions appears in the filing.