SGC Director Disposes of Shares for Tax Withholding
SUPERIOR GROUP OF COMPANIES, INC.
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Filing Summary
SGC Director Disposes of Shares for Tax Withholding
Company: SUPERIOR GROUP OF COMPANIES, INC. (SGC) Form: 4 | Filed: 2025-11-06 Significance: Low
Insider: Fields Venita Elaine Title: null | Relationship: Director
Transaction: • Type: Withholding for Taxes • Shares: 2,391 • Price: $9.87 • Value: $23,599 • Owned After: 29,335
Key Insight: This is a routine, non-discretionary disposition of shares to cover tax liabilities from a vesting restricted stock award, not an open-market sale. It holds minimal trading significance.
Market Context: The transaction value represents approximately 0.016% of the company's $150M market cap.
Comprehensive Analysis
SEC Filing Analysis: SUPERIOR GROUP OF COMPANIES, INC. (SGC)
Executive Summary
- Trading Significance: Low
- Key Takeaway: A director disposed of shares to cover tax obligations related to a vesting stock award, a common and non-discretionary event.
- Market Impact: The transaction is immaterial relative to the company's market capitalization and public float, indicating a neutral market impact.
Company Information
| Field | Value |
|---|---|
| Company | SUPERIOR GROUP OF COMPANIES, INC. |
| Ticker Symbol | SGC |
| CIK | 0000095574 |
| Industry | Apparel & Other Finished Prods Of Fabrics & Similar Material |
Insider Information
| Field | Value |
|---|---|
| Name | Fields Venita Elaine |
| CIK | 0001768341 |
| Title/Position | null |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-11-04 |
| Transaction Code | F - Payment of tax liability by withholding security |
| Security Type | Common Stock |
| Shares Involved | 2,391 |
| Price Per Share | $9.87 |
| Total Value | $23,599.17 |
| Shares Owned After | 29,335 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $23,599.17 |
| % of Market Cap | 0.016% |
| Shares Transacted | 2,391 |
| % of Shares Outstanding | 0.015% |
| Post-Transaction Ownership | 29,335 shares (0.18% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: For a company with a market capitalization of $150 million, this $23.6k transaction is negligible.
- Ownership Concentration: The insider's post-transaction ownership of 0.18% is not a controlling stake.
- Transaction Significance: The transaction is classified as low significance as it represents less than 0.1% of both market cap and shares outstanding. The nature of the transaction (tax withholding) further reduces its importance as an indicator of insider sentiment.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: This is a routine, non-discretionary transaction to cover tax liabilities. It does not signal a change in the insider's view of the company's future prospects.
Volume & Sentiment
- Expected Volume Impact: Negligible. The transaction is too small to impact trading volume.
- Sentiment Indicator: Neutral. The market typically disregards tax-related dispositions.
Additional Context
Special Circumstances
- The filing's footnote confirms the shares were withheld by the issuer to cover applicable withholding taxes related to the vesting of a restricted stock award. This is not an open-market sale by the insider.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
