Bernauer Christopher E 4

What Happened
Christopher E. Bernauer, President of Work Truck Attachments at Douglas Dynamics (PLOW), sold 869 shares in an open-market transaction on 2026-03-09 at $42.61 per share, for total proceeds of $37,025. This transaction was a sale (insider disposition), which insiders undertake for many routine reasons and does not by itself indicate a change in company outlook.

Key Details

• Transaction date: 2026-03-09
• Transaction type: Open-market sale (code S)
• Shares sold: 869 at $42.61 per share
• Total proceeds: $37,025
• Filing date: 2026-03-11 (reporting the 3/9 transaction; filing appears timely)
• Shares owned after transaction: Not specified in the provided excerpt of the filing
• Remark on form: "President, Work Truck Attachments"
• No 10b5-1 plan, gift, option exercise, or tax-withholding footnotes listed in the provided data

Context
Sales by corporate officers can be routine (diversification, tax planning, liquidity needs) and don’t necessarily signal negative views. For retail investors, purchases are generally more informative as potential bullish signals; this filing reports a straightforward open-market sale.