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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 3/11/24 |
| Issuer: |
| Issuer CIK: 1287213 |
| Issuer Name: DOUGLAS DYNAMICS, INC |
| Issuer Trading Symbol: PLOW |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1489528 |
| | Owner Name: McCormick Robert L |
| Reporting Owner Address: |
| | Owner Street 1: C/O DOUGLAS DYNAMICS, INC. |
| | Owner Street 2: 11270 W. PARK PLACE, SUITE 300 |
| | Owner City: MILWAUKEE |
| | Owner State: WI |
| | Owner ZIP Code: 53224 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Officer? Yes |
| | Officer Title: President and CEO |
| Aff 10b5 One? Yes |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/11/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 41,308 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 106,249 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/11/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F2 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 14,417 |
| | | Transaction Price Per Share: |
| Value: 24.7309 |
| Footnote ID: F3 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 91,832 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 131,034 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By Robert L. McCormick Revocable Trust |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 3,624.1664 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By 401(k) Plan |
| Footnotes: |
| Footnote - F1: Includes 41,308 shares that will vest in three annual installments beginning on March 6, 2025. |
| Footnote - F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2022. |
| Footnote - F3: The price in Column 4 is a weighted average price. The prices actually received ranged from $24.6900 to $24.9900. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price. |
| Owner Signature: |
| Signature Name: /s/ Jon J. Sisulak, Attorney-in-Fact for Robert L. McCormick |
| Signature Date: 3/13/24 |
