Leide Dominic 4
Research Summary
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Superior Group (SGC) President Leide Dominic Receives Stock Award
What Happened Leide Dominic, President of The Office Gurus (a business of Superior Group of Companies, Inc.), received a stock award that vested on 2026-05-14: 19,135 shares were acquired at an effective value of $11.75/share (≈ $224,836). To cover withholding taxes related to the vesting, a total of 9,320 shares were disposed (two withholding transactions of 4,660 shares each at $11.75, $54,755 each, totaling $109,510). Net new shares from this vesting event = 9,815 shares (19,135 acquired − 9,320 withheld), assuming no other transactions.
Key Details
- Transaction date: 2026-05-14; reported filing date: 2026-05-21 (7 days later). Form 4s are normally due within 2 business days, so this filing appears delayed.
- Prices and values: Awarded 19,135 shares @ $11.75 = $224,836; withheld 4,660 shares @ $11.75 = $54,755 (twice), total withheld ≈ $109,510.
- Shares owned after transaction: not specified in the provided filing summary.
- Relevant footnotes from the filing:
- F1/F4: Shares were withheld by the issuer to cover applicable withholding taxes for vesting.
- F2: Certain granted shares were subject to forfeiture; 25,000 shares continue to be subject to forfeiture as of this filing.
- F3: Some shares were acquired upon vesting of a performance share award.
- Transaction codes: A = Award/Grant (acquisition on vesting); F = tax withholding (disposition of withheld shares).
Context
- This was not an open-market sale or purchase but vesting of equity awards with company-withheld shares used to satisfy tax obligations (a common, administrative action).
- Performance shares were part of the vesting mix; some shares remain subject to forfeiture, meaning they could be forfeited if vesting conditions aren’t ultimately met.
- Withholding disposals should not be interpreted the same as a voluntary insider sale — they generally reflect tax payment rather than a sentiment-driven exit.