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

Rhea-AI Filing Summary

American Outdoor Brands insider Hugh Andrew Fulmer, EVP/CFO/Treasurer and a director, acquired 2,500 shares of Common Stock on 09/23/2025 at a price of $8.77 per share. After the purchase, Mr. Fulmer beneficially owned 145,358 shares. The Form 4 was filed by one reporting person and signed by an attorney-in-fact.

Positive

• Insider purchase disclosed: Acquisition of 2,500 common shares at $8.77 on 09/23/2025.
• Clear increase in beneficial ownership: Reporting person now beneficially owns 145,358 shares.
• Complete Form 4 disclosure: Transaction date, code, price, and post-transaction holdings are all provided and the form is signed by an attorney-in-fact.

Negative

• None.

Insights

Securities Analyst

TL;DR: An insider purchase of 2,500 shares increases the reporting person’s stake to 145,358 shares; transaction is routine and disclosed on Form 4.

The filing documents a straightforward open-market purchase by an executive with combined roles of EVP, CFO and Treasurer and director. The trade size (2,500 shares at $8.77) is explicitly recorded and results in the reported beneficial ownership total. There are no derivative transactions, amendments, or additional terms disclosed in this Form 4.

Corporate Governance Expert

TL;DR: The Form 4 shows a single non-derivative acquisition by a named officer/director; disclosure appears complete and properly executed.

The form indicates one reporting person filed the transaction and includes a signature by an attorney-in-fact. No changes to reporting status or complex arrangements are reported. All material elements required by the form—transaction date, code, amount, price, and post-transaction holdings—are present.

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
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fulmer Hugh Andrew

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CFO & Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2025

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	09/23/2025		P		2,500	A	$8.77	145,358	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:

Remarks:

	/s/ Seth A. Christensen, as Attorney-in-Fact	09/23/2025
	** 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 Hugh Andrew Fulmer report on Form 4 for AOUT?

He reported a purchase of 2,500 shares of AOUT common stock on 09/23/2025 at $8.77 per share.

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

The filing shows beneficial ownership of 145,358 shares following the reported transaction.

What is the reporting person’s role at American Outdoor Brands (AOUT)?

The reporting person is listed as an EVP, CFO & Treasurer and a Director of the issuer.

Was the Form 4 filed jointly or by one reporting person?

The form indicates it was filed by one reporting person.

Did the Form 4 report any derivative transactions or amendments?

No derivative transactions or amendments are reported in this Form 4; only a non-derivative purchase is shown.