[Form 4] American Outdoor Brands, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Marconi Luis G, a director of American Outdoor Brands, Inc. (AOUT), reported a Section 16 filing showing acquisition of restricted stock units on 09/30/2025. The filing reports 9,163 restricted stock units granted at a $0 purchase price and indicates 44,818 shares are beneficially owned following the grant. The restricted stock units vest in equal monthly installments of 1/12th and are delivered on the last day of each month following the grant date.

The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 10/01/2025. The transaction is reported as a direct ownership change and does not disclose cash consideration beyond the $0 price noted for the RSUs.

Positive

• 9,163 restricted stock units granted to a director, indicating alignment of executive interests with shareholders
• Monthly vesting (1/12th) promotes retention and ongoing alignment over a 12-month delivery period

Negative

• None.

Insights

Securities Analyst

TL;DR Director received 9,163 RSUs, bringing direct beneficial ownership to 44,818 shares; vesting monthly over a year.

The reported transaction is a non-cash grant of restricted stock units totaling 9,163 shares at a reported price of $0, which is consistent with equity compensation rather than an open-market purchase. The grant increases the director's direct beneficial ownership to 44,818 shares, and the vesting schedule—1/12th delivered monthly—indicates a one-year cliff is absent and instead establishes monthly retention-based delivery. For investors, this is typically a governance and alignment signal rather than an immediate liquidity event.

Corporate Governance Expert

TL;DR Routine director equity grant with monthly vesting; aligns director incentives with shareholder interests over 12 months.

The Form 4 documents a standard restricted stock unit award to a director reported as direct ownership. Monthly vesting of 1/12th suggests the company is using time-based retention to align the director with ongoing corporate objectives. There is no indication of accelerated vesting, unusually large single grants, or derivative transactions that would raise governance flags in this filing alone.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Marconi Luis G

(Last) (First) (Middle)

1800 N ROUTE Z

(Street)

COLUMBIA MO 65202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
American Outdoor Brands, Inc. [ AOUT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/30/2025		A		9,163(1)	A	$0	44,818	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 1/12th of the restricted stock units shall vest and be delivered on the last day of each month following the date of grant.

Remarks:

	/s/ Seth A. Christensen, as Attorney-in-Fact	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Marconi Luis G report on Form 4 for AOUT?

The Form 4 reports the acquisition of 9,163 restricted stock units on 09/30/2025.

How many AOUT shares does the reporting person beneficially own after the transaction?

Following the reported transaction, the reporting person beneficially owns 44,818 shares.

What is the vesting schedule for the restricted stock units reported on the Form 4?

The RSUs vest and are delivered in equal monthly installments of 1/12th on the last day of each month after the grant.

Was there any cash price reported for the RSU grant?

The Form 4 lists a price of $0 for the restricted stock units, consistent with a grant rather than a purchase.

Who signed the Form 4 and when was it signed?

The filing was signed by Seth A. Christensen, as Attorney-in-Fact on 10/01/2025.