SUPERIOR GROUP OF COMPANIES, INC. 10-Q

ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds There were no unregistered sales of equity securities during the quarter ended March 31, 2025, that were not previously reported in a current report on Form 8-K. The table below sets forth information with respect to purchases made by or on behalf of Superior Group of Companies, Inc. or any “affiliated purchaser” (as defined in Rule 10b-18(a)(3) under the Exchange Act) of our common stock during the three months ended March 31, 2025. Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (1) January 1, 2025 to January 31, 2025 6,500 $ 15.04 6,500 February 1, 2025 to February 28, 2025 91,839 14.82 91,839 March 1, 2025 to March 31, 2025 196,093 11.82 196,093 Total 294,432 $ 12.83 294,432 (1) On March 7, 2025, the Board of Directors approved a new stock repurchase plan which authorizes the Company to repurchase up to an additional $17.5 million worth of its common stock. This plan became effective during the three months ended March 31, 2025 upon the completion of the previous plan approved by the Board of Directors on August 12, 2024, which had authorized the repurchase of up to $10 million of stock. Approximate dollar amount of shares that may yet be purchased under the plan is $16.3 million as of March 31, 2025. Under our Credit Agreement, if an event of default exists, we may not make distributions to our shareholders. The Credit Agreement also contains other restrictions. See Note 5 to our Condensed Notes to the Consolidated Financial Statements located in Item 1 of Part I of this Quarterly Report on Form 10-Q. ITEM 3. Defaults u pon Senior Securities Not applicable. ITEM 4. Mine Safety Disclosures Not applicable.