FINCH DAVID COLE 4

What Happened David Finch, a director of Duluth Holdings, was granted 22,858 shares of restricted stock (transaction code A) on June 3, 2026 under the company's 2024 Equity Incentive Plan. The filing shows no per-share price (N/A) and does not state a total dollar value. This was an equity award—compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: June 3, 2026 (Form 4 filed June 5, 2026)
• Transaction type/code: Award of restricted stock (A)
• Shares granted: 22,858 restricted shares; price reported as N/A
• Vesting: Shares vest in full on the earlier of June 3, 2027 or the Duluth 2027 annual meeting (per footnote)
• Shares owned after transaction: Not disclosed in the provided filing
• Filing timeliness: Filed within two business days (appears timely)
• No 10b5-1 plan, tax-withholding, or sale/exercise noted in this filing

Context Restricted stock awards are a form of compensation that typically vest over time and do not represent an immediate buy or sell decision by the insider. Because these shares are subject to vesting, they reflect compensation/retention policy rather than an immediate endorsement or rejection of the stock by the director.