Bernauer Christopher E 4

What Happened

• Christopher E. Bernauer, President, Work Truck Attachments at Douglas Dynamics (PLOW), was granted 4,123 shares on 2026-02-17 as an award/acquisition (Form 4 code A). The shares were issued at $0.00 per share (a non-cash compensation award).

Key Details

• Transaction date: 2026-02-17; Form 4 filed 2026-02-19.
• Transaction type/code: Award/Grant (A).
• Shares granted: 4,123; acquisition price reported: $0.00 per share.
• Vesting: These 4,123 shares vest in three annual installments beginning March 6, 2027 (per filing footnote).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Filing timeliness: Filing date is 2 days after the transaction; no late-filing flag provided in the materials supplied.

Context

• This was a compensation grant (likely restricted stock or similar) rather than a market purchase or sale; there was no cash outlay by the insider at grant. Such awards are common as part of executive compensation and vest over time to align incentives with the company. This transaction does not by itself indicate a near-term buy or sell decision by the insider.