Ken C. Hicks (ASO) converts 6,823 restricted stock units into common shares
Rhea-AI Filing Summary
Academy Sports & Outdoors director Ken C. Hicks exercised 6,823 restricted stock units into 6,823 shares of common stock. The RSUs converted on a one-for-one basis at a stated price of $0.00 per unit as part of equity compensation.
Following the transaction, Hicks directly holds 467,699 shares of common stock. The RSUs were granted under the company’s 2020 Omnibus Incentive Plan and vested in full based on continued service and other conditions such as death, disability, or a change in control.
Positive
- None.
Negative
- None.
Insights
Routine equity award vesting with no open-market buying or selling.
Director Ken C. Hicks converted 6,823 restricted stock units into the same number of Academy Sports & Outdoors common shares at a stated price of $0.00 per unit. This is classified as an exercise or conversion of a derivative security, not an open-market trade.
The RSUs were granted under the 2020 Omnibus Incentive Plan and vested 100% based on continued service and specified events. After this conversion, Hicks directly owns 467,699 common shares. With no shares bought or sold in the market, this filing reflects routine compensation rather than a directional trading signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,823 | $0.00 | -- |
| Exercise | Common Stock | 6,823 | $0.00 | -- |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan"). On June 13, 2025, the Reporting Person was granted 6,823 time-based restricted stock units that vest 100%, subject to the Reporting Person's continued service with the Issuer, on the earliest of (i) the first anniversary of the date of grant, or, if earlier, the date which is the business day immediately preceding the date of the Issuer's next Annual Meeting of Stockholders, (ii) the Reporting Person's termination due to death or Disability (as defined in the Plan), or (iii) a Change in Control (as defined in the Plan).