Academy Sports insider plans $3.8M stock sale
Academy Sports & Outdoors, Inc. is the issuer for a Form 144 notice covering a proposed sale of up to 70,303 shares of common stock under Rule 144 for the account of Samuel J. Johnson.
Rhea-AI Filing Summary
Academy Sports & Outdoors, Inc. is the issuer for a Form 144 notice covering a proposed sale of up to 70,303 shares of common stock under Rule 144 for the account of Samuel J. Johnson. The shares were acquired as a stock award from the issuer on May 10, 2021 as compensation and are to be sold through Fidelity Brokerage Services LLC on NASDAQ.
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Key Figures
Shares to be sold: 70,303 shares
Aggregate market value: $3,750,665.05
Shares outstanding: 61,578,891 shares
+2 more
5 metrics
Shares to be sold
70,303 shares
Common stock covered by the Form 144 notice for Samuel J. Johnson
Aggregate market value
$3,750,665.05
Reported value of ASO common shares covered by the Form 144
Shares outstanding
61,578,891 shares
ASO common shares reported outstanding in the Form 144
Acquisition date of shares
May 10, 2021
Date the 70,303 shares were received as a stock award for compensation
Proposed sale date reference
September 14, 2026
Date listed in the securities information section alongside the NASDAQ listing
Key Terms
Rule 144, Stock Award, Compensation, attorney-in-fact
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Stock Award financial
"Common | 05/10/2021 | Stock Award | Issuer |"
Compensation financial
"05/10/2021 | Compensation"
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Samuel Johnson"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing mean for Academy Sports & Outdoors, Inc. (ASO)?
The Form 144 gives notice of a proposed resale of 70,303 ASO common shares under Rule 144 by holder Samuel J. Johnson. It relates to the seller’s liquidity and does not itself change Academy Sports & Outdoors, Inc.’s capital structure.
AI-generated analysis. How Rhea-AI works. Not financial advice.