Duluth (DLTH) SVP David Homolka Surrenders 13,331 Shares for Taxes

What Happened

• David Homolka, SVP, Talent, Operations, AP & Safety at Duluth Holdings (DLTH), had 13,331 shares disposed on 2026-03-17 to satisfy a tax withholding obligation tied to vested restricted stock. The shares were valued at $2.16 each, for a total of $28,795. This was a share surrender to cover taxes (routine), not a purchase or an open-market sale indicating a trading decision.

Key Details

• Transaction date: 2026-03-17; filing date: 2026-03-19 (filed two days after the transaction, generally timely).
• Shares surrendered: 13,331 at $2.16 per share; total value $28,795.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: F1 — shares were used to satisfy tax withholding upon vesting of restricted stock.
• Transaction type: tax withholding/cashless share surrender (code F), not a purchase (P) or sale (S) for cash market proceeds.

Context

• This is a routine tax-withholding action tied to RSU vesting; it reflects withholding mechanics rather than a discretionary sale or purchase by the insider. Such transactions typically do not signal insider sentiment about the company’s stock.