Lauber Sarah C 4

What Happened Sarah C. Lauber, Executive Vice President and Chief Financial Officer of Douglas Dynamics (PLOW), had 6,735 shares disposed on July 1, 2026 to satisfy tax obligations related to an option exercise. The shares were valued at $53.95 each, for a total of approximately $363,353. The Form 4 indicates this disposition was for tax withholding (transaction code F), not an open-market sell for portfolio cashing.

Key Details

• Transaction date: 2026-07-01
• Shares disposed: 6,735 at $53.95 per share; total value ≈ $363,353
• Transaction code: F (payment of exercise price or tax liability / tax withholding)
• Filing timeliness: Reported on the Form 4 with Period of Report 2026-07-01 (no late filing indicated in the provided data)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Nature: Net settlement/tax withholding related to an option exercise (not a directional purchase or discretionary sale)

Context Tax-withholding share dispositions (code F) are common when insiders exercise options or vest restricted stock and the company withholds or repurchases shares to cover taxes. These transactions are administrative and generally do not by themselves indicate a change in the insider’s view of the company.