Superior Group of Companies (SGC) director sells 12,000 shares, gifts 1,900
Rhea-AI Filing Summary
Superior Group of Companies director Andrew D. Demott Jr reported two common stock transactions on August 11, 2025. He sold 12,000 shares at a weighted average price of $11.4593 per share in an open-market or private transaction and made a bona fide gift transfer of 1,900 shares for no consideration. Following these transactions, he directly held 200,226 shares of common stock, and 20,148 shares granted under restricted stock awards remain subject to forfeiture as of this filing.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director sold 12,000 shares and gifted 1,900; remaining beneficial ownership ~200k shares — routine disclosure, limited market impact.
The Form 4 records only non-derivative activity: a sale of 12,000 common shares at a weighted-average price of $11.4593 and a gift of 1,900 shares with no consideration. Post-transaction beneficial ownership is reported as 202,126 and 200,226 shares respectively. The filing notes 20,148 restricted shares remain subject to forfeiture. There is no disclosure of option exercises, derivative transactions, or changes to compensation arrangements in this filing, limiting its standalone financial significance.
TL;DR: Insider sale and gift reported by a director; disclosure is clear and identifies restricted shares subject to forfeiture.
The report identifies the reporting person as a director and documents a direct sale and a direct gift of common stock. The filing explicitly states the gift involved no payment and quantifies restricted shares (20,148) still subject to forfeiture, which is important for understanding true economic ownership. The Form 4 does not indicate any departures from required disclosure protocols; it does not, however, provide context on any trading plans or compliance steps beyond the checkbox indicators.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,000 | $11.4593 | $138K |
| Gift | Common Stock | 1,900 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents the weighted average sale price. Average price trade details available upon request.
- 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.
- F3. The reported transaction involves a transfer of securities by gift for which no payment of consideration was received by the reporting person.
Key Figures
Key Terms
weighted average sale price financial
restricted stock awards financial
bona fide gift regulatory
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