Superior Group (NASDAQ: SGC) director gifts 2,100 shares, retains 26,720
Rhea-AI Filing Summary
Superior Group of Companies director Venita Elaine Fields reported a bona fide gift of 2,100 shares of Common Stock. The shares were transferred without any payment of consideration, meaning this was a charitable or personal transfer rather than a market sale.
After the gift, Fields directly holds 26,720 shares of Common Stock. Footnotes state that certain shares were granted as restricted stock and are subject to forfeiture, with 20,148 of these restricted shares still subject to forfeiture as of the filing date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,100 shares
Net Sell
1 txn
Insider
Fields Venita Elaine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 2,100 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 26,720 shares (Direct)
Footnotes (2)
- F1. The reported transaction involves a transfer of securities by gift for which no payment of consideration was received by the reporting person.
- F2. Certain of these shares were granted under restricted stock awards and are subject to forfeiture. Of such shares, 20,148 continue to be subject to forfeiture as of the date of this filing.
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FAQ
What insider transaction did Superior Group of Companies (SGC) disclose for Venita Elaine Fields?
Superior Group of Companies director Venita Elaine Fields reported a bona fide gift of 2,100 shares of Common Stock. This was a non-cash transfer for which she received no consideration, meaning it was not a market sale or purchase.
What does the Form 4 say about restricted stock held by Venita Elaine Fields at Superior Group of Companies (SGC)?
The Form 4 notes that certain shares held by Venita Elaine Fields were granted under restricted stock awards and are subject to forfeiture. Of these restricted shares, 20,148 continue to be subject to forfeiture as of the date of the filing.