Academy Sports (ASO) Insider: 1,621 RSUs Added; 638 Shares Sold Sept 2025
Rhea-AI Filing Summary
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.
Positive
- RSU conversion documented showing alignment of executive compensation with company equity
- Clear disclosure of transaction dates, amounts and price for the sale on 09/08/2025
Negative
- Reduction in beneficial ownership from 15,099 to 14,461 shares after the sale
- No explanation provided in the filing for the purpose of the 638-share disposition beyond the basic transaction code
Insights
TL;DR: Insider received RSUs and executed a small open-market sale two days later; ownership remains material but no new compensation plan changes.
The 1,621 RSU settlement increases direct holdings while the 638-share sale at $50.86 reduced holdings modestly to 14,461 shares. Transactions reflect routine executive equity compensation and subsequent disposition of a portion of shares. The filing includes disclosure of prior 4,863 RSU grant vesting schedule which is informational for dilution and executive alignment analysis.
TL;DR: Filing shows standard reporting of equity compensation and a small sale, with appropriate plan references and signature by attorney-in-fact.
The Form 4 identifies the reporting person, relationship to issuer, plan name, and vesting terms for earlier RSUs. The sale appears routine and was properly disclosed; signature executed by an attorney-in-fact is documented. No governance anomalies or unexplained transfers are present in the disclosed text.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 638 | $50.86 | $32K |
| Exercise | Restricted Stock Units | 1,621 | $0.00 | -- |
| Exercise | Common Stock | 1,621 | $0.00 | -- |
Footnotes (1)
- Restricted stock units convert into Common Stock on a one-for-one basis. Includes shares of Common Stock acquired under the Issuer's employee stock purchase plan. Granted under the Company's 2020 Omnibus Incentive Plan, as amended. On September 6, 2023, subject to the Reporting Person's continued service, the Reporting Person was granted 4,863 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date.
