MICHAEL BENSTOCK - 12 Feb 2024 Form 4 Insider Report for SUPERIOR GROUP OF COMPANIES, INC. (SGC)

Role: CEO, Director
Signature: /s/ Melinda Barreiro
Issuer symbol: SGC
Transactions as of: 12 Feb 2024
Transactions value $: $1,018,223
Form type: 4
Filing time: 14 Feb 2024, 09:48:34 UTC
Previous filing: 22 Dec 2023
Next filing: 08 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SGC	Common Stock	Award		+73.6K	+14.71%		574K	12 Feb 2024	Direct	F1, F2, F3
holding	SGC	Common Stock						397K	12 Feb 2024	Held in an Irrevocable Trust of which the reporting person disclaims beneficial ownership
holding	SGC	Common Stock						22K	12 Feb 2024	Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SGC	Stock Options (Right to Buy)	Award	$100K	+7.23K		$13.84	7.23K	12 Feb 2024	Common Stock	7.23K	$13.84	Direct
transaction	SGC	Stock Appreciation Rights	Award	$918K	+66.3K		$13.84	66.3K	12 Feb 2024	Common Stock	66.3K	$13.84	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This is a restricted stock award which vests on the third anniversary of the grant or 02/12/2027.
F2	On February 12, 2024, the date such awards were granted, the closing price of the issuer's common stock on the NASDAQ was $13.84 per share.
F3	Certain of these shares were granted under restricted stock awards and are subject to forfeiture. Of such shares, 187,463 continue to be subject to forfeiture as of the date of this filing.