# EDGAR Filing Document

**Accession Number:** 0000095574
**File Stem:** 0001437749-23-004085
**Filing Date:** 2023-2
**Character Count:** 8277
**Document Hash:** 4d00fc672d68562b2fdeb3d7cf1b7f1b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-23-004085.hdr.sgml**: 20230222

**ACCESSION NUMBER**: 0001437749-23-004085

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20230221

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230222

**DATE AS OF CHANGE**: 20230222

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SUPERIOR GROUP OF COMPANIES, INC.
- **CENTRAL INDEX KEY:** 0000095574
- **STANDARD INDUSTRIAL CLASSIFICATION:** APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
- **IRS NUMBER:** 111385670
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-05869
- **FILM NUMBER:** 23650820

**BUSINESS ADDRESS:**
- **STREET 1:** 10055 SEMINOLE BLVD
- **CITY:** SEMINOLE
- **STATE:** FL
- **ZIP:** 33772
- **BUSINESS PHONE:** 7273979611

**MAIL ADDRESS:**
- **STREET 1:** 10055 SEMINOLE BLVD
- **CITY:** SEMINOLE
- **STATE:** FL
- **ZIP:** 33772

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUPERIOR UNIFORM GROUP INC
- **DATE OF NAME CHANGE:** 19980810

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUPERIOR SURGICAL MANUFACTURING CO INC
- **DATE OF NAME CHANGE:** 19920703

sgc20230222_8k.htm

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

Washington, DC 20549

**FORM 8-K**

**CURRENT REPORT**

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) February 21, 2023

**<u>Superior Group of Companies, Inc.</u>**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **<u>Florida</u>** | **<u>001-05869</u>** | **<u>11-1385670</u>** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |
| **<u>10055 Seminole Blvd.</u><u>,</u><u>Seminole</u><u>,</u><u>Florida</u>**<br> (Address of principal executive offices) |  | **<u>33772</u>**<br> (Zip Code) |

---

Registrant's telephone number including area code: **<u>(**<u>727</u>**)</u> <u>397-9611</u>**

**<u>Not Applicable</u>**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230 .425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock | SGC | NASDAQ |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

Sidney Kirschner, a director of Superior Group of Companies, Inc., a Florida corporation (the "Company") since 1996, passed away on February 21, 2023 at the age of 88. Most recently, Mr. Kirschner had served as the Chair of the Company's Board of Directors, Chair of its Compensation and Executive Committees, and member of its Audit and Corporate Governance, Nominating & Ethics Committees.

In connection with Mr. Kirschner's passing, the Company issued a press release, which is attached to this current report on Form 8-K as Exhibit 99.1.

**Item 9.01 Financial Statements and Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits:

**Exhibit No. Description**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99.1 [Press Release, dated February 22, 2023](ex_478899.htm)

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

------

**Signature**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunder duly authorized.

---

| | |
|:---|:---|
| SUPERIOR GROUP OF COMPANIES, INC. | SUPERIOR GROUP OF COMPANIES, INC. |
| By: | /s/ Michael Benstock |
|  | Michael Benstock |
|  | Chief Executive Officer |

---

Date: February 22, 2023

## Exhibit 99.1

**Exhibit 99.1**

![logo01.jpg](logo01.jpg)

FOR IMMEDIATE RELEASE

**SUPERIOR GROUP OF COMPANIES ANNOUNCES THE PASSING OF SIDNEY KIRSCHNER, CHAIRMAN OF THE BOARD OF DIRECTORS**

**SEMINOLE, Fla., February 22, 2023 (GLOBE NEWSWIRE) --** Superior Group of Companies, Inc. (NASDAQ: SGC) today announced that Sidney Kirschner, Chairman of the Board of Directors, passed away on February 21, 2023 at the age of 88.

Mr. Kirschner joined the SGC Board in 1996, and served as its chairman for the past 11 years. During his involvement with SGC, the Company grew from $135 million to more than $536 million in annual revenues, and achieved many other measures of success. Apart from his service as a SGC director, Mr. Kirschner's distinguished career included serving as chairman and chief executive officer of National Service Industries and chief executive officer of Northside Hospital, Inc. and Piedmont Physicians, as well as executive vice president and chief philanthropy officer of Piedmont Healthcare and head of The Alfred and Adele Davis Academy.

Michael Benstock, SGC's Chief Executive Officer, commented "I have known Sid since he joined our board, and had the pleasure of serving with him on SGC's Board of Directors for 27 years. Sid was an invaluable mentor, director, and sounding board, but certainly more importantly, an incredible person, someone who dedicated much of his time and thought to philanthropic activities and to making those around him better people. I am honored to have been able to call Sid my friend. He will be missed. I, and the entire SGC community, extend our deepest sympathies to Carole, his wife, and the entire extended Kirschner family."

"Sid constantly looked to counsel his fellow directors and the management of SGC, even if the message was contrary to the predominant view. His opinions and strategies were insightful, with nothing but the Company's and its shareholders' best interests treated as paramount. The SGC Board is ready to follow his example as it helps lead the Company in the coming years," said longtime director and chair of the Company's Corporate Governance, Nominating and Ethics Committee, Paul Mellini.

The Company expects to announce changes to aspects of its corporate governance structure prior to and potentially in connection with the filing of its 2023 proxy statement.

**About Superior Group of Companies, Inc. (SGC):**

Superior Group of Companies™, established in 1920, is a combination of companies that help our customers unlock the power of their brands by creating extraordinary brand engagement experiences for their employees and customers. SGC's commitment to service, technology, quality and value-added benefits, as well as our financial strength and resources, provides unparalleled support for our customers' diverse needs while embracing a "Customer 1st, Every Time!" philosophy and culture in all of our business segments. Visit <u>www.superiorgroupofcompanies.com</u> for more information.

**Contact:**

Investor Relations<br> <u>investors@superiorgroupofcompanies.com</u>