STOCK TITAN

Ken C. Hicks (ASO) converts 6,823 restricted stock units into common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 HICKS KEN C
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 6,823 $0.00 --
Exercise Common Stock 6,823 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 467,699 shares (Direct, null)
Footnotes (1)
  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).
RSUs converted 6,823 units Restricted stock units converting into common stock on a one-for-one basis
Shares received 6,823 shares Common stock issued upon RSU conversion
Post-transaction holdings 467,699 shares Common stock directly owned by Ken C. Hicks after the transaction
Stated RSU conversion price $0.00 per unit Transaction price per share for the RSU conversion
Transaction code M Exercise or conversion of derivative security
Exercise transactions 1 transaction, 6,823 shares Aggregate derivative exercise activity in transaction summary
Restricted Stock Units financial
"On June 13, 2025, the Reporting Person was granted 6,823 time-based restricted stock units that vest 100%"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Omnibus Incentive Plan financial
"Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan")."
Change in Control financial
"or (iii) a Change in Control (as defined in the Plan)."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Disability financial
"the Reporting Person's termination due to death or Disability (as defined in the Plan)"
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SEC Form 4
FORM 4UNITED 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*
HICKS KEN C

(Last)(First)(Middle)
C/O ACADEMY SPORTS AND OUTDOORS, INC.
1800 NORTH MASON ROAD

(Street)
KATY TEXAS 77449

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Academy Sports & Outdoors, Inc. [ ASO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/03/2026M6,823A(1)467,699D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)(1)06/03/2026M6,823 (3) (3)Common Stock6,823$00D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan").
3. 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).
Remarks:
/s/ Gary Holland, Attorney-in-Fact06/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Ken C. Hicks do in this Form 4 for ASO?

Ken C. Hicks converted 6,823 restricted stock units into 6,823 shares of Academy Sports & Outdoors common stock. This was an equity compensation event classified as an exercise or conversion, not an open-market stock purchase or sale.

How many Academy Sports & Outdoors (ASO) shares does Ken C. Hicks own after this transaction?

After the transaction, Ken C. Hicks directly holds 467,699 shares of Academy Sports & Outdoors common stock. This total reflects the addition of 6,823 shares received from the one-for-one conversion of his vested restricted stock units reported in the filing.

Were any Academy Sports & Outdoors (ASO) shares bought or sold on the market in this Form 4?

No open-market buying or selling occurred. The Form 4 shows 6,823 restricted stock units converting into common stock at a stated price of $0.00 per unit, a routine equity compensation event rather than a market trade in ASO shares.

What are the terms of the restricted stock units reported for ASO?

The 6,823 restricted stock units were granted under Academy Sports & Outdoors’ 2020 Omnibus Incentive Plan. They vest 100% based on continued service or earlier upon death, disability as defined in the plan, or a qualifying change in control, then convert one-for-one into common stock.

Does this ASO Form 4 indicate a bullish or bearish signal from Ken C. Hicks?

The filing mainly reflects routine vesting of equity compensation, not a discretionary trade. Hicks received 6,823 shares from RSU conversion and now holds 467,699 shares, so the transaction is better viewed as standard compensation rather than a clear bullish or bearish signal.