DLH Holdings (DLHC) 10% Owner Mink Brook Buys 1,621 Shares

What Happened
Mink Brook Asset Management LLC, listed as a 10% owner of DLH Holdings Corp. (DLHC), made two open‑market purchases: 621 shares on 2026-09-15 at a weighted average price of $3.68 ($2,285) and 1,000 shares on 2026-09-16 at a weighted average price of $3.94 ($3,941), for a combined ~1,621 shares and roughly $6,226 total. These were purchases (code P), which are generally considered more informative to investors than routine sales.

Key Details

• Transaction dates: 2026-09-15 (621 shares @ $3.68) and 2026-09-16 (1,000 shares @ $3.94).
• Reported totals: ~$2,285 and ~$3,941 respectively; combined ~1,621 shares / ~$6,226.
• Price details: Footnote F1 notes the Sep 15 price is a weighted average from multiple trades at $3.625–$3.90; F4 notes the Sep 16 price is a weighted average from trades at $3.84–$4.00.
• Ownership after transaction: not specified in the filing.
• Filing timeliness: Form filed 2026-09-16 for transactions through 2026-09-15/09-16 — no late‑filing flag indicated.
• Transaction code: P = Purchase (open market or private purchase).

Context

• Mink Brook Asset Management is the investment manager for underlying funds (see F2 and F5); the filing notes the Fund(s) directly own the securities and the manager may be deemed to beneficially own them. Footnote F3 contains a disclaimer that the manager and related GP disclaim beneficial ownership except to the extent of pecuniary interest.
• These are institutional purchases by a 10% owner — different from corporate officer trades. The filing is factual and does not state any motive; purchases can be viewed by some investors as a potentially positive signal but should be considered alongside broader research.