Weber Garth N. 4

What Happened

• Garth N. Weber, SVP of Brand and Marketing at Duluth Holdings (DLTH), had 11,187 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock. The shares were valued at $2.16 each, totaling about $24,164. This is a disposition for tax withholding (routine), not an open-market sale or purchase.

Key Details

• Transaction date: March 17, 2026; Filing date: March 19, 2026 (filed within the typical two-business-day window).
• Price per share: $2.16; Total value of shares withheld: ~$24,164.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — Represents shares used to satisfy tax withholding obligation upon vesting of restricted stock.
• Transaction code: F (tax withholding), not a purchase (P) or open-market sale (S).

Context

• This was a tax withholding/cashless settlement of vested RSUs: the company retained (or surrendered) a portion of the vested shares to cover withholding taxes. Such transactions are routine administrative actions and do not, by themselves, indicate the insider’s view on the company’s stock.