Sisulak Jon J 4

What Happened
Jon J. Sisulak, Controller of Douglas Dynamics, was granted 2,023 shares on 2026-02-17 as an award (transaction code A). The shares were issued at $0.00 (no cash paid) — total reported value $0 — and are compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (filed within the typical 2‑business‑day window).
• Grant: 2,023 shares at $0.00 per share (award/grant).
• Shares owned after transaction: not specified in this filing.
• Footnote: The 2,023 shares will vest in three annual installments beginning March 6, 2027.
• No 10b5-1 plan, tax‑withholding sale, or option exercise reported in this transaction.

Context
This is a compensation award (likely restricted stock/RSUs) that vests over time; such grants are common for employee retention and do not by themselves indicate buying or selling sentiment. For retail investors, purchases can be a stronger signal of personal conviction than routine awards, which are part of standard pay packages.