---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-112846"
form_type: "8-K"
ticker: "DLTH"
cik: "0001649744"
company_name: "DULUTH HOLDINGS INC."
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T17:37:40.045507+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Duluth Holdings grants 1.76M inducement shares to new CEO Stephanie Pugliese

## Summary
- Stephanie L. Pugliese appointed President and CEO effective May 5, 2025.
- Total inducement grant of 1,759,532 Class B common shares, including 586,511 stock award shares.
- Restricted stock tranche of 1,173,021 shares vests over 3 years: 33% on May 5, 2026, 33% on May 5, 2027, 34% on May 5, 2028.
- If Pugliese leaves without good reason or is fired for cause before May 5, 2026, she must reimburse pro rata portion of the 586,511 shares.
- Unvested shares accelerate upon death, disability, termination without cause, or resignation for good reason.

## SEC filing metadata
- accession: 0001193125-25-112846
- form_type: 8-K
- ticker: DLTH
- cik: 0001649744
- company_name: DULUTH HOLDINGS INC.
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649744/000119312525112846/0001193125-25-112846-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649744/000119312525112846/d944338d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-112846
- JSON: https://secwatch.observer/filing/0001193125-25-112846.json
- Plain text: https://secwatch.observer/filing/0001193125-25-112846.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.