Homolka David 4

What Happened David Homolka, SVP, Talent, Operations, AP & Safety at Duluth Holdings (DLTH), acquired 1,000 shares under the company's Employee Stock Purchase Plan at $1.76 each (total value $1,760) on 2026-03-31. On 2026-04-04, 1,312 shares were disposed of at $3.09 each (total $4,054) to satisfy tax withholding obligations related to the vesting of restricted stock.

Key Details

• Transactions:
  • 2026-03-31: Award/acquisition of 1,000 shares @ $1.76 (total $1,760). (Footnote F1: acquired under the Employee Stock Purchase Plan.)
  • 2026-04-04: Disposition of 1,312 shares @ $3.09 (total $4,054) to cover tax withholding upon vesting. (Footnote F2: shares used to satisfy tax withholding.)
• Shares owned after these transactions: not specified in the provided filing.
• Filing date: 2026-04-07. The March 31 acquisition appears to have been reported later than the two-business-day deadline for Form 4 filings (i.e., the filing was late), which reduces short-term transparency.
• Transaction codes: A = Award/Acquisition; F = Tax withholding (disposition to satisfy taxes).

Context

• The acquisition was via the company ESPP (a routine employee purchase), and the disposition was a tax-withholding sale tied to restricted stock vesting — both are standard, administrative transactions and not direct open-market selling for investment decisions. These types of filings generally reflect compensation mechanics rather than an independent investment view.