Director at Superior Group (NASDAQ: SGC) receives 9,583-share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Spencer Loreen M reported acquisition or exercise transactions in this Form 4 filing.
SUPERIOR GROUP OF COMPANIES, INC. director Loreen M. Spencer received a grant of 9,583 shares of common stock as a restricted stock award on May 7, 2026. The award vests on May 7, 2029. The issuer’s stock closed at $12.00 that day, and Spencer now holds 25,694 shares in total, of which 22,194 remain subject to forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Spencer Loreen M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,583 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,694 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, 22,194 continue to be subject to forfeiture as of the date of this filing.
Key Figures
Restricted stock grant: 9,583 shares
Grant-date closing price: $12.00 per share
Total shares after grant: 25,694 shares
+2 more
5 metrics
Restricted stock grant
9,583 shares
Common stock award on May 7, 2026
Grant-date closing price
$12.00 per share
NASDAQ closing price on May 7, 2026
Total shares after grant
25,694 shares
Loreen M. Spencer holdings following transaction
Shares subject to forfeiture
22,194 shares
Restricted stock still subject to forfeiture as of filing date
Vesting date
May 7, 2029
Vesting of 9,583-share restricted stock award
Key Terms
restricted stock award, vests, forfeiture, closing price
4 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"
forfeiture financial
"Certain of these shares were granted under restricted stock awards and are subject to forfeiture."
closing price financial
"the closing price of the issuer's common stock on the NASDAQ was $12.00 per share."
FAQ
What insider transaction did SGC director Loreen M. Spencer report?
Loreen M. Spencer reported receiving a grant of 9,583 shares of Superior Group common stock as a restricted stock award. The grant is a compensation-related share award, not an open-market purchase, and was reported on a Form 4 insider filing.