Superior Group (SGC) CLO receives 10,000-share restricted stock award grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alpert Jordan M. reported acquisition or exercise transactions in this Form 4 filing.
SUPERIOR GROUP OF COMPANIES, INC. Chief Legal Officer and Secretary Jordan M. Alpert received a grant of 10,000 shares of common stock as a restricted stock award on May 7, 2026. These shares vest on the third anniversary of the grant date, or May 7, 2029.
The filing notes that the company’s common stock closed at $12.00 per share on NASDAQ on the grant date. Following this award, Alpert directly holds 89,151 shares of common stock, of which 39,402 are restricted shares that remain subject to forfeiture as of the filing date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Alpert Jordan M.
Role
Chief Legal Officer & Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 89,151 shares (Direct, null)
Footnotes (1)
- This is a restricted stock award which vests on the third anniversary of the grant date or 05/07/2029. On May 7, 2026, the date such restricted stock award was granted, the closing price of the issuer's common stock on the NASDAQ was $12.00 per share. Certain of these shares were granted under restricted stock awards and are subject to forfeiture. Of such shares, 39,402 continue to be subject to forfeiture as of the date of this filing.
Key Figures
Restricted stock grant: 10,000 shares
Closing stock price on grant date: $12.00 per share
Total shares after transaction: 89,151 shares
+2 more
5 metrics
Restricted stock grant
10,000 shares
Common Stock award granted May 7, 2026
Closing stock price on grant date
$12.00 per share
NASDAQ closing price on May 7, 2026
Total shares after transaction
89,151 shares
Direct holdings following restricted stock grant
Shares subject to forfeiture
39,402 shares
Restricted stock still subject to forfeiture as of filing
Vesting date
May 7, 2029
Third anniversary vesting of restricted stock award
Key Terms
restricted stock award, subject to forfeiture, Chief Legal Officer & Secy, Form 4
4 terms
restricted stock award financial
"This is a restricted stock award which vests on the third anniversary of the grant date"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
subject to forfeiture financial
"Certain of these shares were granted under restricted stock awards and are subject to forfeiture."
Chief Legal Officer & Secy financial
"officer_title": "Chief Legal Officer & Secy""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did SGC’s Jordan M. Alpert report on this Form 4?
Jordan M. Alpert reported receiving a grant of 10,000 shares of SGC common stock as a restricted stock award. This is a compensation-related acquisition, not an open-market purchase, and reflects equity-based incentive pay rather than a discretionary stock trade.
What was SGC’s stock price referenced in Jordan M. Alpert’s restricted stock grant?
On May 7, 2026, the date the restricted stock award was granted, SGC’s common stock closed at $12.00 per share on NASDAQ. This closing price provides a reference value for the size of the equity compensation at the time of grant.