Superior Group (SGC) Director Receives New Restricted Stock Grant
Rhea-AI Filing Summary
Superior Group of Companies, Inc. (SGC) – Form 4 insider filing
Director Loreen M. Spencer was granted 8,845 shares of SGC common stock on 1 July 2025, reported as an "A" (acquisition) transaction. The award is entirely composed of restricted stock that vests on 1 July 2028. At the NASDAQ closing price of $10.74 on the grant date, the grant represents an approximate market value of ≈ $95,000.
Following the transaction, Spencer’s direct beneficial ownership increased to 16,111 shares, of which 12,611 shares remain subject to forfeiture under prior restricted-stock grants. No derivative securities were reported. The filing indicates a routine equity-based compensation action and does not involve open-market purchases or sales.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine director equity grant; aligns incentives, immaterial to float.
The Form 4 discloses a standard restricted-stock award to Director Loreen Spencer. The grant size (8,845 shares, ≈$95k) is negligible relative to SGC’s outstanding shares and market capitalization, implying no material impact on governance control or dilution. Vesting over three years strengthens long-term alignment between the director and shareholders. No red flags such as accelerated vesting, option repricing, or insider selling appear. Overall, a neutral governance event.
TL;DR: Insider not buying on market; minor informational value for investors.
Because the transaction is a restricted-stock grant—not an open-market purchase—it offers limited signaling value about management’s view of valuation. The incremental dilution is de minimis, and the vesting schedule delays any immediate float increase. Investors should monitor subsequent Form 4s for open-market buying or unusual selling, which would carry greater informational weight.