4Filed Aug 31, 8:00 PM ET
Superior Group (SGC) Director Andrew DeMott Gifts 1,750 Shares
$SGC · SUPERIOR GROUP OF COMPANIES, INC.Research Summary
AI-generated summary of this SEC filing
Superior Group (SGC) Director Andrew DeMott Gifts 1,750 Shares
What Happened
- Andrew DeMott Jr., a director of Superior Group of Companies, Inc. (SGC), disposed of 1,750 shares on August 31, 2026 via a gift. The filing reports no sale price or proceeds (gifted — no consideration received). A footnote states that certain shares are subject to forfeiture; 29,731 such restricted shares remain subject to forfeiture as of this filing.
Key Details
- Transaction date: 2026-08-31. Transaction type: Gift (code G).
- Price/Consideration: N/A — per the filing no payment was received for the transfer (footnote F1).
- Shares disposed: 1,750 shares.
- Shares owned after transaction: not specified in the provided summary; filing footnote (F2) notes 29,731 shares remain subject to forfeiture.
- Filing timeliness: reported on Sep 1, 2026 for an Aug 31, 2026 transaction — appears timely under Form 4 reporting rules.
- Footnotes: F1 confirms transfer was a gift with no consideration; F2 notes some shares are restricted and subject to forfeiture (29,731 remain so).
Context
- Gifts are transfers for personal or estate-planning reasons and do not necessarily signal the insider’s view of the company’s prospects. Restricted shares noted in the filing are subject to forfeiture conditions, which can affect an insider’s ultimate ownership and selling ability.