Mink Brook Asset Management LLC 4/A

What Happened

• Mink Brook Asset Management LLC (identified as a 10% owner) reported an open-market purchase of 4,407 shares of DLH Holdings Corp. (DLHC) on July 13, 2026. The weighted-average price reported was $5.09 per share, for a total transaction value of approximately $22,443. This was a purchase (buy), which is generally viewed as a more informative signal than routine sales.

Key Details

• Transaction date: July 13, 2026 (reported on an amended Form 4 filed July 31, 2026).
• Transaction type/code: Open market purchase (P).
• Price: Weighted average $5.09; actual purchase prices ranged from $5.0675 to $5.10 (multiple trades) (Footnote F1).
• Shares acquired: 4,407 shares; total value ≈ $22,443.
• Post-transaction holdings: The filing was amended to correct the total shares owned after the transaction (Footnote F2). See the amended Form 4 for the corrected total.
• Beneficial ownership notes: The securities are owned directly by Mink Brook Partners LP (the Fund). Mink Brook Asset Management LLC is the Fund’s investment manager and may be deemed to beneficially own the Fund’s holdings. Mink Brook Asset Management, its GP (Mink Brook Capital GP LLC), and William Mueller (managing member) disclaim beneficial ownership except to the extent of any pecuniary interest (Footnotes F3, F4).
• Filing status: This is an amended Form 4 filed July 31 for a July 13 trade — the filing is outside the typical 2-business-day Form 4 reporting window; review the amended filing for details.

Context

• This trade was made by an institutional investment manager (a reported 10% owner) on behalf of a fund, not reported as an individual officer/director sale. Institutional purchases can reflect portfolio decisions rather than insider sentiment. The filing’s disclaimers and the fund structure mean the manager disclaims direct beneficial ownership except to the extent of economic interest.