Lauber Sarah C 4

What Happened

• Sarah C. Lauber, Executive Vice President and Chief Financial Officer of Douglas Dynamics, received an award of 9,917 shares on February 17, 2026. The transaction is reported as an award/grant (code A) at $0.00 per share (total reported value $0.00). This is a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (filed within the typical 2-business-day window).
• Transaction type/code: Award/Grant (A); price per share: $0.00; shares acquired: 9,917.
• Shares owned after transaction: Not disclosed in the supplied filing details.
• Footnote: The 9,917 shares will vest in three annual installments beginning March 6, 2027 (per footnote F1).
• Role noted in filing: Executive Vice President and Chief Financial Officer.

Context

• This was a restricted stock award (compensation), not a market purchase or sale — awards align executive pay with company performance over time but do not necessarily signal immediate personal trading intent. The shares are subject to a multi-year vesting schedule, so they are not immediately transferable.