[Form 4] DLH Holdings Corp. Insider Trading Activity
Mink Brook Asset Management LLC reported purchases of DLH Holdings Corp. (DLHC) common stock on 08/08/2025 and 08/11/2025. The reporting person purchased 26,563 shares and 50,000 shares respectively at a weighted average price of $5.50 per share, for a combined purchase of 76,563 shares. After these transactions, indirect holdings via Mink Brook Partners LP increased to 1,771,591 shares. The filing also shows 694,322 shares owned indirectly by Mink Brook Opportunity Fund LP.
The reporting entity is listed as Director. The filing notes that Mink Brook Asset Management LLC, as investment manager, may be deemed to beneficially own the funds' securities but disclaims beneficial ownership except to its pecuniary interest. No derivative transactions were reported and the price shown is a weighted average of multiple purchases at $5.50 inclusive.
Mink Brook Asset Management LLC ha segnalato acquisti di azioni ordinarie di DLH Holdings Corp. (DLHC) il 08/08/2025 e il 08/11/2025. La persona che ha effettuato la comunicazione ha acquistato rispettivamente 26,563 e 50,000 azioni a un prezzo medio ponderato di $5.50 per azione, per un acquisto complessivo di 76,563 azioni. Dopo queste operazioni, le partecipazioni indirette tramite Mink Brook Partners LP sono salite a 1,771,591 azioni. La segnalazione indica inoltre 694,322 azioni detenute indirettamente da Mink Brook Opportunity Fund LP.
La parte che presenta la segnalazione è indicata come Director. Il documento precisa che Mink Brook Asset Management LLC, in qualità di gestore degli investimenti, potrebbe essere ritenuta titolare effettiva dei titoli dei fondi ma ne declina la titolarità effettiva, fatta eccezione per il proprio interesse pecuniario. Non sono state segnalate operazioni su derivati e il prezzo indicato è la media ponderata di più acquisti, pari a $5.50.
Mink Brook Asset Management LLC informó compras de acciones ordinarias de DLH Holdings Corp. (DLHC) el 08/08/2025 y el 08/11/2025. La persona informante adquirió 26,563 y 50,000 acciones, respectivamente, a un precio medio ponderado de $5.50 por acción, para un total combinado de 76,563 acciones. Tras estas transacciones, las posiciones indirectas a través de Mink Brook Partners LP aumentaron a 1,771,591 acciones. La presentación también muestra 694,322 acciones propiedad indirectamente por Mink Brook Opportunity Fund LP.
La entidad informante figura como Director. El documento señala que Mink Brook Asset Management LLC, como gestor de inversiones, podría considerarse propietario beneficiario de los valores de los fondos, pero rechaza la condición de propietario beneficiario salvo en la medida de su interés pecuniario. No se informaron operaciones con derivados y el precio mostrado es la media ponderada de varias compras, de $5.50.
Mink Brook Asset Management LLC� 08/08/2025 � 08/11/2025� DLH Holdings Corp.(DLHC) 보통주를 매입했다� 보고했습니다. 보고인은 각각 26,563주와 50,000주를 주당 가중평� $5.50� 매수하여 � 76,563주를 매입했습니다. � 거래 � Mink Brook Partners LP� 통한 간접 보유 주식은 1,771,591주로 증가했습니다. 제출서류에 또한 Mink Brook Opportunity Fund LP가 간접 보유� 694,322주가 기재되어 있습니다.
보고 주체� Director� 등재되어 있습니다. 제출서류� 투자 매니저로서 Mink Brook Asset Management LLC가 펀드의 증권� 실질� 소유�(beneficial owner)� 간주� � 있다� 명시하지�, 금전� 이익� 제외� 실질� 소유권은 부인한다고 밝히� 있습니다. 파생상품 거래� 보고되지 않았으며, 표시� 가격은 여러 매수� 가중평균인 $5.50입니�.
Mink Brook Asset Management LLC a déclaré des achats d'actions ordinaires de DLH Holdings Corp. (DLHC) le 08/08/2025 et le 08/11/2025. La personne déclarante a acquis respectivement 26,563 et 50,000 actions au prix moyen pondéré de $5.50 par action, pour un achat total de 76,563 actions. Après ces opérations, les avoirs indirects via Mink Brook Partners LP sont passés à 1,771,591 actions. Le dépôt indique également 694,322 actions détenues indirectement par Mink Brook Opportunity Fund LP.
L'entité déclarante est indiquée comme Director. Le document précise que Mink Brook Asset Management LLC, en tant que gestionnaire d'investissement, pourrait être réputée détenir effectivement les titres des fonds, mais décline la qualité de propriétaire effectif, sauf en ce qui concerne son intérêt pécuniaire. Aucune transaction sur dérivés n'a été déclarée et le prix affiché correspond à la moyenne pondérée de plusieurs achats, à $5.50.
Mink Brook Asset Management LLC meldete Käufe von Stammaktien der DLH Holdings Corp. (DLHC) am 08/08/2025 und 08/11/2025. Die meldende Person erwarb jeweils 26,563 und 50,000 Aktien zu einem gewichteten Durchschnittspreis von $5.50 je Aktie, für einen kombinierten Erwerb von 76,563 Aktien. Nach diesen Transaktionen stiegen die indirekten Bestände über Mink Brook Partners LP auf 1,771,591 Aktien. Die Einreichung weist außerdem 694,322 Aktien aus, die indirekt vom Mink Brook Opportunity Fund LP gehalten werden.
Die meldende Einheit ist als Director aufgeführt. Die Einreichung stellt fest, dass Mink Brook Asset Management LLC als Investmentmanager als wirtschaftlicher Eigentümer der Fondswerte angesehen werden könnte, bestreitet jedoch das wirtschaftliche Eigentum mit Ausnahme ihres pecuniären Interesses. Es wurden keine Derivatgeschäfte gemeldet, und der angegebene Preis ist ein gewichteter Durchschnitt mehrerer Käufe in Höhe von $5.50.
- Open-market purchases totaling 76,563 shares at a weighted average price of $5.50, increasing reported indirect ownership.
- Indirect holdings increased to 1,771,591 shares via Mink Brook Partners LP, with an additional 694,322 shares held by Mink Brook Opportunity Fund LP.
- None.
Insights
TL;DR: Insider purchases totaling 76,563 shares at $5.50 raise indirect stake to 1.77M shares; routine but notable buying activity.
The reporting person executed purchases on 08/08/2025 and 08/11/2025 totaling 76,563 common shares at a weighted average price of $5.50. Following the trades, indirect beneficial ownership via Mink Brook Partners LP is reported at 1,771,591 shares; an additional 694,322 shares are shown as held by Mink Brook Opportunity Fund LP. No options or other derivatives are listed. For investors, these are clear, disclosed open-market purchases by an investment manager associated with the issuer, increasing the manager-linked indirect stake. Absent company-wide share counts or further context, the market impact cannot be quantified from this filing alone.
TL;DR: Filing discloses indirect fund ownership and an express disclaimer of direct beneficial ownership by the manager.
The Form 4 identifies Mink Brook Asset Management LLC as the reporting person and marks the Director relationship. The explanatory notes state the manager may be deemed to beneficially own fund-held shares but expressly disclaims direct beneficial ownership except for pecuniary interest. This distinction is important for governance and control analysis: the manager reports and aggregates fund holdings for transparency while clarifying legal ownership boundaries. There are no derivative positions or transfers that would indicate changes in control rights.
Mink Brook Asset Management LLC ha segnalato acquisti di azioni ordinarie di DLH Holdings Corp. (DLHC) il 08/08/2025 e il 08/11/2025. La persona che ha effettuato la comunicazione ha acquistato rispettivamente 26,563 e 50,000 azioni a un prezzo medio ponderato di $5.50 per azione, per un acquisto complessivo di 76,563 azioni. Dopo queste operazioni, le partecipazioni indirette tramite Mink Brook Partners LP sono salite a 1,771,591 azioni. La segnalazione indica inoltre 694,322 azioni detenute indirettamente da Mink Brook Opportunity Fund LP.
La parte che presenta la segnalazione è indicata come Director. Il documento precisa che Mink Brook Asset Management LLC, in qualità di gestore degli investimenti, potrebbe essere ritenuta titolare effettiva dei titoli dei fondi ma ne declina la titolarità effettiva, fatta eccezione per il proprio interesse pecuniario. Non sono state segnalate operazioni su derivati e il prezzo indicato è la media ponderata di più acquisti, pari a $5.50.
Mink Brook Asset Management LLC informó compras de acciones ordinarias de DLH Holdings Corp. (DLHC) el 08/08/2025 y el 08/11/2025. La persona informante adquirió 26,563 y 50,000 acciones, respectivamente, a un precio medio ponderado de $5.50 por acción, para un total combinado de 76,563 acciones. Tras estas transacciones, las posiciones indirectas a través de Mink Brook Partners LP aumentaron a 1,771,591 acciones. La presentación también muestra 694,322 acciones propiedad indirectamente por Mink Brook Opportunity Fund LP.
La entidad informante figura como Director. El documento señala que Mink Brook Asset Management LLC, como gestor de inversiones, podría considerarse propietario beneficiario de los valores de los fondos, pero rechaza la condición de propietario beneficiario salvo en la medida de su interés pecuniario. No se informaron operaciones con derivados y el precio mostrado es la media ponderada de varias compras, de $5.50.
Mink Brook Asset Management LLC� 08/08/2025 � 08/11/2025� DLH Holdings Corp.(DLHC) 보통주를 매입했다� 보고했습니다. 보고인은 각각 26,563주와 50,000주를 주당 가중평� $5.50� 매수하여 � 76,563주를 매입했습니다. � 거래 � Mink Brook Partners LP� 통한 간접 보유 주식은 1,771,591주로 증가했습니다. 제출서류에 또한 Mink Brook Opportunity Fund LP가 간접 보유� 694,322주가 기재되어 있습니다.
보고 주체� Director� 등재되어 있습니다. 제출서류� 투자 매니저로서 Mink Brook Asset Management LLC가 펀드의 증권� 실질� 소유�(beneficial owner)� 간주� � 있다� 명시하지�, 금전� 이익� 제외� 실질� 소유권은 부인한다고 밝히� 있습니다. 파생상품 거래� 보고되지 않았으며, 표시� 가격은 여러 매수� 가중평균인 $5.50입니�.
Mink Brook Asset Management LLC a déclaré des achats d'actions ordinaires de DLH Holdings Corp. (DLHC) le 08/08/2025 et le 08/11/2025. La personne déclarante a acquis respectivement 26,563 et 50,000 actions au prix moyen pondéré de $5.50 par action, pour un achat total de 76,563 actions. Après ces opérations, les avoirs indirects via Mink Brook Partners LP sont passés à 1,771,591 actions. Le dépôt indique également 694,322 actions détenues indirectement par Mink Brook Opportunity Fund LP.
L'entité déclarante est indiquée comme Director. Le document précise que Mink Brook Asset Management LLC, en tant que gestionnaire d'investissement, pourrait être réputée détenir effectivement les titres des fonds, mais décline la qualité de propriétaire effectif, sauf en ce qui concerne son intérêt pécuniaire. Aucune transaction sur dérivés n'a été déclarée et le prix affiché correspond à la moyenne pondérée de plusieurs achats, à $5.50.
Mink Brook Asset Management LLC meldete Käufe von Stammaktien der DLH Holdings Corp. (DLHC) am 08/08/2025 und 08/11/2025. Die meldende Person erwarb jeweils 26,563 und 50,000 Aktien zu einem gewichteten Durchschnittspreis von $5.50 je Aktie, für einen kombinierten Erwerb von 76,563 Aktien. Nach diesen Transaktionen stiegen die indirekten Bestände über Mink Brook Partners LP auf 1,771,591 Aktien. Die Einreichung weist außerdem 694,322 Aktien aus, die indirekt vom Mink Brook Opportunity Fund LP gehalten werden.
Die meldende Einheit ist als Director aufgeführt. Die Einreichung stellt fest, dass Mink Brook Asset Management LLC als Investmentmanager als wirtschaftlicher Eigentümer der Fondswerte angesehen werden könnte, bestreitet jedoch das wirtschaftliche Eigentum mit Ausnahme ihres pecuniären Interesses. Es wurden keine Derivatgeschäfte gemeldet, und der angegebene Preis ist ein gewichteter Durchschnitt mehrerer Käufe in Höhe von $5.50.