Academy Sports & Outdoors, Inc. SEC Filings

Form 144 notice by an individual selling restricted shares of Academy Sports & Outdoors, Inc. (ASO). The filer plans to sell 2,060 common shares through Fidelity Brokerage Services on NASDAQ with an aggregate market value of $95,213.20 and an approximate sale date of 09/22/2025. The securities listed were acquired on 05/31/2023 (1,294 shares) and 06/03/2024 (766 shares) via restricted stock vesting as compensation. The filing also discloses a prior sale by the same person on 06/26/2025 of 4,400 common shares for gross proceeds of $195,712.00. The signer certifies no undisclosed material adverse information.

Ford Earl Carlton IV, EVP & CFO of Academy Sports & Outdoors, reported changes in his holdings of the issuer's common stock. On 09/06/2025 1,621 restricted stock units were deemed acquired (conversion one-for-one) and the filing indicates those RSUs and shares from the employee stock purchase plan contributed to a post-transaction beneficial ownership of 15,099 shares. On 09/08/2025 the reporting person disposed of 638 shares at a price of $50.86, leaving 14,461 shares beneficially owned. The RSUs were granted under the 2020 Omnibus Incentive Plan; a separate 9/06/2023 grant of 4,863 time-based RSUs vests in three equal installments beginning on the first anniversary of that grant.

Matthew M. McCabe, EVP & CMO of Academy Sports & Outdoors, had restricted stock units vest and completed a partial sale in early September 2025. On September 6, 2025, 1,621 restricted stock units converted into 1,621 common shares (RSUs convert one-for-one) under the Company’s 2020 Omnibus Incentive Plan. Two days later, on September 8, 2025, the reporting person sold 638 common shares at $50.86 per share.

Following these reported transactions the filing shows the reporting person beneficially owned 18,867 common shares. The form was signed by an attorney-in-fact on behalf of the reporting person and includes the disclosure that the original grant consisted of 4,863 time-based RSUs granted on September 6, 2023, which vest in three equal installments.

Academy Sports & Outdoors insider filing: Director Ken C. Hicks received 1,245 restricted stock units (RSUs) on 08/30/2025 under the 2020 Omnibus Incentive Plan, which convert one-for-one into common stock. After the RSU grant and a subsequent sale, Hicks beneficially owned 448,540 shares of ASO common stock.

The filing notes these RSUs are part of a March 30, 2022 performance grant where 59,713 of 63,760 PRSUs were certified as earned; those earned PRSUs vest monthly from the January 30, 2022 vesting commencement date. A remaining 4,047 PRSUs may vest if stock-price conditions are met and certified as of January 30, 2026.

Academy Sports + Outdoors (ASO) reported its unaudited quarterly results for the 13 weeks ended August 2, 2025, prepared on an interim GAAP basis with certain condensed disclosures. As of August 2, 2025, the company operated 306 stores across 21 states, supported by three distribution centers and approximately 23,000 team members. The company had 66,625,431 common shares outstanding and $536.5 million available under a three-year share repurchase program.

The company carries several notable debt instruments: $400 million 6.00% senior secured notes maturing November 15, 2027; a term loan with $87.3 million outstanding at a weighted average rate of 8.19% maturing November 6, 2027; and a $1.0 billion ABL facility with $990.9 million available borrowing capacity as of August 2, 2025. On August 28, 2025 the Board declared a quarterly cash dividend of $0.13 per share, payable October 9, 2025.