secwatch.observer — SEC 8-K summary
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Issuer:     SUPERIOR GROUP OF COMPANIES, INC. (SGC)
CIK:        0000095574
Form:       8-K
Filed at:   2022-06-01T23:59:59+00:00
Accession:  0001437749-22-014003
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Superior Group appoints Michael Koempel as CFO; Andrew Demott remains COO, plans 2023 retirement
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- Andrew Demott resigned as CFO effective May 31, 2022, but stays as COO and director; intends to retire as employee in 2023.
- Michael Koempel appointed CFO, previously COO of IT'SUGAR and Victoria's Secret Lingerie, and CFO of Mast Global.
- Koempel's annual salary $410k, sign-on bonus $100k (three-year clawback), 6,666 RSUs vesting in three years, guaranteed 2022 bonus min $100k.
- Koempel holds a BBA from University of Dayton and is a CPA (inactive); no familial relationships with officers or prior transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/95574/000143774922014003/0001437749-22-014003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/95574/000143774922014003/sgc20220601_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-014003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer