Superior Group of Companies Files 8-K
Ticker: SGC · Form: 8-K · Filed: Sep 20, 2024 · CIK: 95574
| Field | Detail |
|---|---|
| Company | Superior Group Of Companies, Inc. (SGC) |
| Form Type | 8-K |
| Filed Date | Sep 20, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $4,308,737.04 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, SEC Filing, Regulation FD
TL;DR
SGC filed an 8-K on 9/20 for an event on 9/19. Reg FD disclosure.
AI Summary
Superior Group of Companies, Inc. filed an 8-K on September 20, 2024, reporting an event on September 19, 2024. The filing is categorized under Regulation FD Disclosure. The company, formerly known as Superior Uniform Group Inc. and Superior Surgical Manufacturing Co Inc., is incorporated in Florida and headquartered in St. Petersburg.
Why It Matters
This 8-K filing indicates a material event has occurred for Superior Group of Companies, Inc., requiring public disclosure under SEC regulations.
Risk Assessment
Risk Level: low — This is a routine filing to disclose information as required by the SEC, with no immediate indication of significant financial distress or positive development.
Key Numbers
- 001-05869 — Commission File Number (Identifies the company's SEC filing history)
- 11-1385670 — IRS Employer Identification No. (Company's tax identification number)
Key Players & Entities
- SUPERIOR GROUP OF COMPANIES, INC. (company) — Registrant
- September 19, 2024 (date) — Date of earliest event reported
- September 20, 2024 (date) — Date of report
- Florida (location) — State of incorporation
- St. Petersburg (location) — City of principal executive offices
- SUPERIOR UNIFORM GROUP INC (company) — Former company name
- SUPERIOR SURGICAL MANUFACTURING CO INC (company) — Former company name
FAQ
What specific event triggered this 8-K filing on September 19, 2024?
The filing is categorized as a Regulation FD Disclosure, but the specific event triggering the report is not detailed in the provided excerpt.
What is the primary business of Superior Group of Companies, Inc.?
The company is classified under SIC code 2300, which relates to Apparel & Other Finished Products of Fabrics & Similar Material.
When did Superior Group of Companies, Inc. change its name from Superior Uniform Group Inc.?
The date of name change from Superior Uniform Group Inc. was August 10, 1998.
Where are Superior Group of Companies, Inc.'s principal executive offices located?
The principal executive offices are located at 200 Central Avenue, Suite 2000, St. Petersburg, Florida, 33701.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
Filing Stats: 573 words · 2 min read · ~2 pages · Grade level 14.4 · Accepted 2024-09-20 08:23:46
Key Financial Figures
- $4,308,737.04 — ) for the purpose of repurchasing up to $4,308,737.04 in shares of the Company's outstanding
Filing Documents
- sgc20240920_8k.htm (8-K) — 23KB
- 0001437749-24-029646.txt ( ) — 152KB
- sgc-20240919.xsd (EX-101.SCH) — 3KB
- sgc-20240919_def.xml (EX-101.DEF) — 11KB
- sgc-20240919_lab.xml (EX-101.LAB) — 15KB
- sgc-20240919_pre.xml (EX-101.PRE) — 11KB
- sgc20240920_8k_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On September 19, 2024, Superior Group of Companies, Inc. (the "Company") entered into a 10b5-1 trading plan (the "Plan") for the purpose of repurchasing up to $4,308,737.04 in shares of the Company's outstanding common stock (the "Repurchase Limit") in accordance with the previously-announced share repurchase program authorized by the Company's Board of Directors on August 9, 2024. The Plan is intended to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended. The Plan allows the Company to repurchase shares up to the Repurchase Limit commencing September 20, 2024 and ending on the earlier of the date on which the Repurchase Limit is reached, November 8, 2024, or other event specified in the Plan. Repurchases of common stock under the Plan will be administered through an independent broker and are subject to certain price, market, volume and timing constraints specified in the Plan. The information furnished pursuant to Item 7.01 of this Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. 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 Koempel Michael Koempel Chief Financial Officer Date: September 20, 2024