Spencer Loreen M 4
4 · SUPERIOR GROUP OF COMPANIES, INC. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Superior Group (SGC) Director Spencer Loreen Receives Restricted Stock Award
What Happened
Spencer Loreen, a director of Superior Group of Companies, Inc. (SGC), was granted a restricted stock award of 9,583 shares on 2026-05-07. The filing reports a grant-date closing price of $12.00, implying a grant-date value of approximately $114,996 (~$115k). This was an award (compensation), not an open-market purchase or sale, and the shares are subject to forfeiture until they vest on 05/07/2029.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (filed within the standard 2 business-day window).
- Shares granted: 9,583 restricted shares; grant-date closing price: $12.00; implied grant value: ~$114,996.
- Vesting: Restricted stock vests on the third anniversary of the grant (05/07/2029).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: (F3) The filing notes certain shares are subject to forfeiture and that 22,194 shares continue to be subject to forfeiture as of the filing date (aggregate/other awards referenced).
- Transaction type code: A = Award/Grant.
Context
Restricted stock awards are a common form of compensation for executives and directors; they are not immediate purchases or sales and typically cannot be sold until vesting conditions are met. Such grants signal compensation alignment with long-term performance but should not be interpreted alone as a personal bullish or bearish market signal.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-05-07+9,583→ 25,694 total
Footnotes (3)
- [F1]This is a restricted stock award which vests on the third anniversary of the grant date or 05/07/2029.
- [F2]On May 7, 2026, the date such restricted stock award was granted, the closing price of the issuer's common stock on the NASDAQ was $12.00 per share.
- [F3]Certain of these shares were granted under restricted stock awards and are subject to forfeiture. Of such shares, 22,194 continue to be subject to forfeiture as of the date of this filing.