Superior Group Reports Officer Changes and Compensation Arrangements
Ticker: SGC · Form: 8-K · Filed: Feb 15, 2024 · CIK: 95574
| Field | Detail |
|---|---|
| Company | Superior Group Of Companies, Inc. (SGC) |
| Form Type | 8-K |
| Filed Date | Feb 15, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $426,400, $100,000, $304,500, $389,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: officer-change, corporate-governance, compensatory-arrangements
TL;DR
**SGC filed an 8-K about officer changes and pay, but no details yet.**
AI Summary
Superior Group of Companies, Inc. filed an 8-K on February 15, 2024, reporting events that occurred on February 12, 2024. The filing indicates changes related to the departure, election, or appointment of certain officers and directors, as well as compensatory arrangements for certain officers. Specific details regarding the individuals involved or the nature of the arrangements are not provided in this initial snippet of the filing.
Why It Matters
Changes in leadership and executive compensation can signal strategic shifts or impact investor confidence, though specific details are needed to assess the full implications for Superior Group of Companies, Inc.
Risk Assessment
Risk Level: medium — The filing indicates changes in leadership and executive compensation, which can carry inherent risks or opportunities depending on the specifics not detailed in this snippet.
Key Players & Entities
- Superior Group of Companies, Inc. (company) — registrant
FAQ
What is the name of the registrant company for this 8-K filing?
The registrant company is Superior Group of Companies, Inc.
What was the date of the earliest event reported in this 8-K?
The earliest event reported in this 8-K occurred on February 12, 2024.
What specific items are reported under 'ITEM INFORMATION' in this 8-K?
The 8-K reports on 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on February 15, 2024.
What is the Commission File Number for Superior Group of Companies, Inc.?
The Commission File Number for Superior Group of Companies, Inc. is 001-05869.
Filing Stats: 1,260 words · 5 min read · ~4 pages · Grade level 12.5 · Accepted 2024-02-15 16:06:29
Key Financial Figures
- $426,400 — salary initially will be approximately $426,400. He is eligible to receive an annual ta
- $100,000 — titled to a minimum guaranteed bonus of $100,000 if employed throughout the 2024 fiscal
- $304,500 — ue at the time of the grant of at least $304,500 for 2024 and $389,000 for 2025 and whic
- $389,000 — grant of at least $304,500 for 2024 and $389,000 for 2025 and which are conditioned upon
Filing Documents
- sgc20240215_8k.htm (8-K) — 40KB
- ex_627121.htm (EX-10.1) — 119KB
- 0001437749-24-004351.txt ( ) — 322KB
- sgc-20240212.xsd (EX-101.SCH) — 3KB
- sgc-20240212_def.xml (EX-101.DEF) — 11KB
- sgc-20240212_lab.xml (EX-101.LAB) — 15KB
- sgc-20240212_pre.xml (EX-101.PRE) — 11KB
- sgc20240215_8k_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 10.1 Employment Agreement, dated February 13, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunder duly authorized. SUPERIOR GROUP OF COMPANIES, INC. By: /s/ Michael Benstock Michael Benstock Chief Executive Officer Date: February 15, 2024