BENSTOCK MICHAEL 4
4 · SUPERIOR GROUP OF COMPANIES, INC. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Superior Group (SGC) CEO Michael Benstock Withholds 23,469 Shares
What Happened Michael Benstock, CEO and director of Superior Group of Companies, had 23,469 shares withheld by the issuer to satisfy applicable withholding taxes related to the vesting of a restricted stock award. The withholding was executed at $9.98 per share, resulting in a disposition value of $234,221. This was a tax-withholding disposition (transaction code F), not an open-market sale or new purchase.
Key Details
- Transaction date: 2026-02-03; Filing date: 2026-02-05 (filed within the typical 2-business-day Form 4 period).
- Shares withheld/disposed: 23,469 at $9.98 per share; total value $234,221.
- Transaction code: F (shares withheld to cover tax liability).
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1: Shares were withheld by the issuer to cover applicable withholding taxes related to the vesting.
- F2: Some of the awarded shares remain subject to forfeiture; 73,571 shares continue to be subject to forfeiture as of this filing.
Context Tax-withholding dispositions are routine when restricted stock vests and do not necessarily indicate the insider’s view on the company’s prospects. This was a cashless-like withholding to cover tax obligations rather than a voluntary sale on the open market.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-02-03$9.98/sh−23,469$234,221→ 590,637 total
- 397,006(indirect: By Trust)
Common Stock
- 22,000(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of a restricted stock award.
- [F2]Certain of these shares were granted under restricted stock awards and are subject to forfeiture. Of such shares, 73,571 continue to be subject to forfeiture as of the date of this filing.