Superior Group of Companies, Inc. Announces 2024 Annual Meeting of Shareholders

TL;DR

<b>Superior Group of Companies, Inc. will hold its virtual Annual Meeting of Shareholders on May 9, 2024, to elect directors and ratify auditors.</b>

AI Summary

SUPERIOR GROUP OF COMPANIES, INC. (SGC) filed a Proxy Statement (DEF 14A) with the SEC on March 25, 2024. The Annual Meeting of Shareholders for Superior Group of Companies, Inc. will be held on May 9, 2024, at 12:00 p.m. Eastern Time. The meeting will be conducted as a virtual meeting via live audio webcast. Shareholders will vote to elect seven (7) Directors. Shareholders will also vote to ratify the appointment of Grant Thornton LLP as the independent registered public accounting firm for fiscal year ending December 31, 2024. The record date for determining shareholders entitled to vote is March 14, 2024.

Why It Matters

For investors and stakeholders tracking SUPERIOR GROUP OF COMPANIES, INC., this filing contains several important signals. Shareholders have the opportunity to influence the company's leadership by electing directors. The ratification of the independent auditor ensures continued oversight and financial transparency.

Risk Assessment

Risk Level: low — SUPERIOR GROUP OF COMPANIES, INC. shows low risk based on this filing. The filing is a routine proxy statement for an annual shareholder meeting, with no immediate financial or operational concerns indicated.

Analyst Insight

Shareholders should review the director nominees and the company's proposals before the May 9, 2024 meeting.

Key Numbers

• 7 — Directors to be elected (Proposal 1: To elect seven (7) Directors)
• 2024 — Fiscal Year End (Grant Thornton LLP appointed for fiscal year ending December 31, 2024)
• 03/14/2024 — Record Date (Close of business on March 14, 2024, fixed as record date)
• 05/09/2024 — Meeting Date (Annual Meeting of Shareholders to be held on May 9, 2024)

Key Players & Entities

• SUPERIOR GROUP OF COMPANIES, INC. (company) — Registrant name
• May 9, 2024 (date) — Date of Annual Meeting
• Grant Thornton LLP (company) — Independent registered public accounting firm
• December 31, 2024 (date) — Fiscal year end for auditor appointment
• March 14, 2024 (date) — Record date for shareholders
• JORDAN M. ALPERT (person) — Secretary of the Board of Directors

FAQ

Industry Context

Superior Group of Companies, Inc. operates in the apparel industry, specifically focusing on uniforms and related products.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Understand the proposals to be voted on, particularly the ratification of Grant Thornton LLP.
3. Ensure your proxy is submitted by the deadline to have your vote counted.

Key Dates

• 2024-05-09: Annual Meeting of Shareholders — Shareholders will vote on director elections and auditor ratification.
• 2024-03-14: Record Date — Determines shareholders eligible to vote at the annual meeting.
• 2024-03-25: Filing Date — Date the definitive proxy statement was filed with the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing, indicating it is the definitive proxy statement for the annual shareholder meeting, following any preliminary filings.

Key Financial Figures

• $150 million — tities and oversees assets in excess of $150 million. He previously served as a board member

Filing Documents

• sgc20240322_def14a.htm (DEF 14A) — 639KB
• arrow.jpg (GRAPHIC) — 5KB
• int.jpg (GRAPHIC) — 20KB
• mail.jpg (GRAPHIC) — 18KB
• sgclogo.jpg (GRAPHIC) — 12KB
• tel.jpg (GRAPHIC) — 19KB
• 0001437749-24-009110.txt (&nbsp;) — 744KB

From the Filing

DEF 14A 1 sgc20240322_def14a.htm FORM DEF 14A sgc20240322_def14a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 Superior Group of Companies, Inc. (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Superior Group of Companies, Inc. 200 Central Avenue, Suite 2000 St. Petersburg, Florida 33701 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE HELD MAY 9, 2024 NOTICE IS HEREBY GIVEN that the Annual Meeting of the shareholders of SUPERIOR GROUP OF COMPANIES, INC. (the "Company") will be held on May 9, 2024 at 12:00 p.m. Eastern Time. The Annual Meeting will be a virtual meeting of shareholders, which will be conducted via live audio webcast. In order to attend the Annual Meeting, please follow the instructions in the section titled "Virtual Meeting" on page 1 of the accompanying proxy statement. 1. To elect seven (7) Directors to hold office until the next annual meeting of shareholders and until their respective successors are duly elected or appointed and qualified; and 2. To ratify the appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024; and 3. To transact such other business as may properly come before the meeting or any adjournment or postponement thereof. The close of business on March 14, 2024 has been fixed as the record date for the determination of shareholders entitled to notice of and to vote at the meeting and any adjournment thereof. You are cordially invited to attend the virtual meeting. Whether or not you plan to attend the virtual meeting, please cast your votes as instructed on your proxy card or voting instruction form as promptly as possible to ensure that your shares are represented and voted in accordance with your wishes. By Order of the Board of Directors, St. Petersburg, Florida, March 25, 2024 JORDAN M. ALPERT Secretary IMPORTANT TO ENSURE YOUR REPRESENTATION AT THIS MEETING PLEASE MARK, DATE AND SIGN THE ENCLOSED PROXY AND RETURN IT PROMPTLY. THANK YOU. SUPERIOR GROUP OF COMPANIES, INC. 200 Central Avenue, Suite 2000 St. Petersburg, Florida 33701 PROXY STATEMENT FOR 2024 ANNUAL MEETING OF SHAREHOLDERS This proxy statement and the accompanying form of proxy are first being sent to the shareholders of Superior Group of Companies, Inc. (the "Company," "we," "our," and "us") on or about March 25, 2024 in connection with the solicitation by our Board of Directors ("Board" or "Board of Directors") of proxies to be used at our 2024 annual meeting of shareholders (the "Annual Meeting"). The Annual Meeting will be held on Friday, May 9, 2024 at 12:00 p.m. Eastern Time. The Annual Meeting will be a virtual meeting of shareholders, which will be conducted via live audio webcast. In order to attend the Annual Meeting, please follow the instructions in the section titled "Virtual Meeting" below. Our Board of Directors has designated Michael Benstock and Michael W. Koempel, and each or any of them, as proxies to vote the shares of common stock solicited on its behalf. If you sign and return the accompanying form of proxy, you may nevertheless revoke it at any time before it is exercised by (1) giving timely written notice to our Secretary, (2) timely delivering a later dated proxy, or (3) attending the Annual Meeting and voting electronically as described below. The shares represented by your proxy will be voted unless the proxy is mutilated or otherwise received in such form or at such time as to render it not votable. Proxies will be tabulated by Alliance Advisors. If the Annual Meeting is adjourned for any reason, at any subsequent reconvening of the Annual Meeting all proxies may be voted in the same manner as the proxies would have been voted at the original convening of the Annual Meeting (except for any proxies that have been properly revoked or withdrawn). The close of business on March 14, 2024 has been designated as the record date for the determination of shareholders entitled to receive notice of and to vote at the Annual Meeting (the "Record Date"). As of March 14, 2024, 16,709,591 shares of the Company's common stock, par value $.001 per share (the "Company's common stock"), were issued and outstanding. Each shareho

View Full Filing

View this DEF 14A filing on SEC EDGAR