DLH Holdings (DLHC) 10% Owner Mink Brook Buys Shares

What Happened Mink Brook Asset Management LLC (reported as a 10% owner) made two open‑market purchases of DLH Holdings Corp. (DLHC) stock. On 2026-09-11 it acquired 492 shares at a weighted average price of $3.94 (approx. $1,936), and on 2026-09-14 it acquired 730 shares at a weighted average price of $3.84 (approx. $2,805). Total purchased = 1,222 shares for roughly $4,741. These were purchases (a bullish signal in the sense that the filer added to holdings); no sales or option exercises were reported in this filing.

Key Details

• Transaction dates and prices:
  • 2026-09-11: 492 shares @ $3.94 (weighted avg) — ~$1,936. (Footnote F1: prices in this batch ranged $3.82–$3.98.)
  • 2026-09-14: 730 shares @ $3.84 (weighted avg) — ~$2,805. (Footnote F4: prices in this batch ranged $3.775–$4.00.)
• Transaction type: P = Purchase (open‑market or private purchase).
• Shares owned after the transactions: Not specified in the information provided in this summary/Form 4 excerpt.
• Beneficial‑ownership notes: Footnotes F2 and F5 state the reported shares are owned directly by two 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 fund holdings. Footnote F3 includes a disclaimer that the manager and its GP disclaim beneficial ownership except to the extent of any pecuniary interest.
• Filing timeliness: Transaction period 2026-09-11, filing dated 2026-09-14 — the Form 4 was filed within the required reporting window (timely).

Context

• This filing reflects institutional activity by a reported 10% owner (an investment manager/funds), not an individual executive. Institutional purchases can indicate confidence by a large holder but do not disclose the manager’s motives.
• The weighted average prices cover multiple trades; the filer says it will provide per‑trade pricing details to the SEC, issuer, or security holders upon request.