Kennedy Janet H 4

What Happened

• Janet H. Kennedy, a director of Duluth Holdings Inc. (DLTH), received an award of 22,858 restricted shares on June 3, 2026. The grant is reported as an "A" (award/acquisition) on the Form 4. No purchase price or immediate cash value is listed (N/A), since this is a restricted stock grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (timely).
• Transaction type/code: A = Award/acquisition of restricted stock.
• Shares granted: 22,858 restricted shares; price shown as N/A (compensation award).
• Vesting: These shares vest in full on the earlier of June 3, 2027 or the Duluth Holdings 2027 annual meeting of shareholders (per footnote).
• Shares owned after transaction: Not disclosed in the filing.
• Filing timeliness: Report appears timely (filed two days after the transaction).

Context

• Restricted stock awards are compensation and typically cannot be sold or transferred until they vest; they are not the same as an open-market purchase (which some investors view as a stronger bullish signal). This award indicates board compensation rather than an immediate insider investment decision.