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Table of Contents ( Mark One ) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K Annual Report Pursuant to Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 For the fiscal year ended December 31 , 2020 or Transition Report Pursuant to Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 For the transition period from Delaware ( State or other jurisdiction of incorporation or organization ) Commission File No. 001-34728 DOUGLAS DYNAMICS , INC . 7777 N 73 Street Milwaukee , Wisconsin ( Address of principal executive offices ) Title of each class Common Stock , par value $ .01 per share 3 to dd ( Exact name of registrant as specified in its charter ) 13-4275891 ( I.R.S. Employer Identification No. ) Registrant's telephone number , including area code ( 414 ) 354-2310 Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) PLOW Securities registered pursuant to Section 12 ( g ) of the Act : NONE Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No . Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes □ No > . Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No . 53223 ( Zip Code ) Non - accelerated filer Name of each exchange on which registered New York Stock Exchange Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No . Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , smaller reporting company , or an emerging growth company . See definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer Accelerated filer Smaller reporting company 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 . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No > . At June 30 , 2020 , the last business day of the registrant's most recently completed second fiscal quarter , the aggregate market value of the voting stock of the Registrant held by stockholders who were not affiliates of the Registrant was approximately $ 803 million ( based upon the closing price of Registrant's Common Stock on the New York Stock Exchange on such date ) . At February 23 , 2021 , the Registrant had outstanding an aggregate of 22,857,457 shares of its Common Stock . Documents Incorporated by Reference : Portions of the Proxy Statement for the Registrant's Annual Meeting of Shareholders to be held on April 28 , 2021 , which Proxy Statement will be filed with the Securities and Exchange Commission no later than 120 days after the close of the fiscal year ended December 31 , 2020 , are incorporated into Part III .