Mink Brook Asset Management LLC 4

What Happened Mink Brook Asset Management LLC, reported as a 10% owner, purchased a total of 13,896 DLH Holdings Corp. (DLHC) shares in open-market transactions at $5.50 per share, for a combined cost of about $76,429. The purchases occurred across transactions on Feb 12–13, 2026. These were outright purchases (transaction code P), which are generally viewed as a more informative (bullish) signal than routine sales.

Key Details

• Transaction dates: 2026-02-12 (13,577 shares) and 2026-02-13 (319 shares).
• Price: $5.50 per share (filing notes this is a weighted average; all reported lots were at $5.50).
• Total purchased: 13,896 shares for ~$76,429.
• Shares owned after transaction: Not specified in this Form 4.
• Filing date: 2026-02-13 (the day after the initial trade); filing is not marked as late.
• Footnotes:
  • F1: Price is a weighted average; seller will provide breakdown on request.
  • F2 & F4: Some shares are owned directly by Mink Brook-managed funds (Mink Brook Partners LP and Mink Brook Opportunity Fund LP); as investment manager, Mink Brook Asset Management LLC may be deemed to beneficially own those fund-held shares.
  • F3: Mink Brook Asset Management LLC and its general partner disclaim beneficial ownership except to the extent of any pecuniary interest.

Context This filing reflects institutional fund purchases managed by Mink Brook rather than an individual executive's personal trades. The filing disclaims broader beneficial ownership except for pecuniary interest, a common legal clarification for managers of private funds. Purchases by a 10% owner or its managed funds can be notable, but the filing does not provide holdings after the trades, so investors should check subsequent filings or the company’s disclosures for full ownership context.