secwatch.observer — SEC 8-K summary
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Issuer:     DULUTH HOLDINGS INC. (DLTH)
CIK:        0001649744
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001193125-26-105103
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duluth Holdings amends CEO equity grant to $2.3M minimum; Chairman salary cut to $100k
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- CEO Pugliese receives one FY2026 equity grant of at least $2.3M fair value, vesting ratably over three years.
- Chairman Schlecht's base salary reduced from $275k to $100k, effective March 16, 2026.
- Schlecht's employment term extended through the 2028 annual shareholder meeting.
- Schlecht retains bonus target of 50% of base salary and max bonus of 75% for FY2026-2028, prorated in FY2028.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649744/000119312526105103/0001193125-26-105103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649744/000119312526105103/d119145d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-105103

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