Duluth Holdings SVP Garth Weber Surrenders 422 Shares for Taxes

What Happened
Garth N. Weber, Senior Vice President of Brand and Marketing at Duluth Holdings (DLTH), used 422 shares to satisfy tax withholding obligations related to the vesting of restricted stock. The shares were valued at $4.20 each for a total of $1,772 and were reported as disposed on 2026-07-25.

Key Details

• Transaction date: 2026-07-25; Form 4 filed: 2026-07-28
• Shares surrendered/disposed: 422 at $4.20 per share — total value $1,772
• Transaction code: F (shares used for tax withholding) — footnote F1: represents shares used to satisfy tax withholding upon vesting of restricted stock
• Shares owned after the transaction: not specified in the provided filing extract
• Filing timeliness: filing date is 2026-07-28 for a 2026-07-25 transaction (no late-filing indicator provided)

Context
This was a routine tax-withholding transaction tied to restricted stock vesting (a cashless surrender of shares), not an open-market sale or purchase. Such transactions are common following vesting and generally do not by themselves indicate a change in the insider’s view of the company.