Mink Brook Asset Management LLC 4

What Happened Mink Brook Asset Management LLC (reported as a 10% owner) acquired a total of 470 shares of DLH Holdings Corp. (DLHC) in open-market purchases on July 23 and July 24, 2026. The transactions were executed at a weighted average price of about $5.10 per share for an aggregate cash outlay of approximately $2,397. Purchases are generally considered a bullish signal relative to sales, though institutional buying can reflect portfolio adjustments rather than company-specific views.

Key Details

• Transaction type: Purchases (code P)
• Dates and prices:
  • 2026-07-23: 79 shares at a weighted avg $5.10 (individual trades ranged $5.08–$5.10 per filing footnote)
  • 2026-07-24: 391 shares at a weighted avg $5.10 (individual trades ranged $5.09–$5.10 per filing footnote)
• Total shares bought: 470; total value ≈ $2,397
• Shares owned after the transaction: Not specified in the provided filing excerpt
• Notable footnotes:
  • Weighted-average prices reflect multiple trades at slightly different prices (see ranges above; reporting person can provide breakdown if requested)
  • Some shares are owned directly by funds (Mink Brook Partners LP and Mink Brook Opportunity Fund LP); as investment manager, Mink Brook Asset Management LLC may be deemed to beneficially own those holdings (footnotes F2, F5)
  • The reporting entities disclaim beneficial ownership except to the extent of pecuniary interest (footnote F3)
• Filing timeliness: Reported on 2026-07-24 for transactions through 2026-07-23 — filing appears timely (no late filing indication)

Context This filing reflects institutional open-market purchases by a 10% owner/manager of funds, not an individual executive. Such purchases can be informative but may represent portfolio management for the funds rather than a direct endorsement of DLHC’s near-term prospects. No options, awards, gifts, or unusual dispositions are reported in this filing.