Weber Garth N. 4

What Happened
Garth N. Weber, Senior Vice President of Brand and Marketing at Duluth Holdings (DLTH), disposed of 1,674 shares on April 8, 2026 to satisfy tax-withholding obligations related to the vesting of restricted stock. The shares were valued at $3.39 each, for a total of approximately $5,675. This was a tax-withholding (surrender or "sell-to-cover") transaction rather than an open-market sale for investment purposes.

Key Details

• Transaction date: 2026-04-08; Filing date: 2026-04-10 (file appears timely).
• Shares involved: 1,674 shares disposed at $3.39 per share; total value ≈ $5,675.
• Transaction code: F — shares used to satisfy tax withholding on vesting of restricted stock (footnote F1).
• Shares owned after transaction: Not specified in the provided filing details.
• Not reported as a purchase (no bullish signal); treated as routine tax-related disposition.

Context
Code F transactions represent shares withheld or surrendered to cover taxes when restricted stock vests. These are commonplace for employees receiving equity and do not necessarily reflect the insider's view on the company's prospects. For investors, purchases and open-market sales typically convey stronger signals than routine tax-withholding disposals.