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Superior Group CEO Benstock gets new employment deal with $1.04 million base salary, $500,000 minimum annual bonus

PUBT·05/29/2026 20:33:09
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Superior Group CEO Benstock gets new employment deal with $1.04 million base salary, $500,000 minimum annual bonus
  • Superior Group of Companies entered a new employment agreement with CEO Michael Benstock on May 26, 2026, running through May 31, 2029.
  • Sets initial annual base salary at $1,044,399; guarantees at least a $500,000 cash bonus for each of fiscal 2026-2028 if employed on Dec. 31.
  • Provides a USD 2.1 million retention bonus payable within 240 days of voluntary retirement or resignation for Good Reason.
  • Severance terms include 2x highest annual compensation if terminated without Cause or resigns for Good Reason; also applies post-Change in Control.
  • Retirement triggers prorated acceleration of unvested restricted stock awards; agreement replaces a 2005 severance protection agreement.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Superior Group of Companies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-018885), on May 29, 2026, and is solely responsible for the information contained therein.