Academy Sports CFO converts 1,621 RSUs

ASO’s EVP & CFO exercised 1,621 RSUs into common shares and had 638 shares withheld to cover costs, outside of any Rule 10b5-1 plan.

Rhea-AI Filing Summary

Academy Sports & Outdoors, Inc. (ASO) EVP & CFO Ford Earl Carlton IV reported the September 8, 2026 conversion of 1,621 restricted stock units into an equal number of common shares, granted under the company’s 2020 Omnibus Incentive Plan. On the same date, 638 shares of common stock were delivered or withheld to cover the exercise price or tax liability at $44.94 per share. No Rule 10b5-1 trading plan is reported, and footnotes state the CFO’s holdings include shares acquired under the employee stock purchase plan.

Insider Trade Summary

1,621 shares exercised/converted

Exercise 3 txns

Insider Ford Earl Carlton IV

Role EVP & CFO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F3, F1, F4	1,621	$0.00	$0.00
Exercise	Common Stock F1, F2	1,621	--	--
Exercise Price or Tax Liability	Common Stock	638	$44.94	$29K

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 21,089 shares (Direct)

Footnotes (4)

1. F1. Restricted stock units convert into common stock on a one-for-one basis.
2. F2. Includes shares of Common Stock acquired under the Issuer's employee stock purchase plan.
3. F3. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan").
4. F4. 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.

Key Figures

RSUs converted: 1,621 restricted stock units Common shares acquired from RSU conversion: 1,621 shares Shares delivered or withheld for exercise price or tax liability: 638 shares +3 more

6 metrics

RSUs converted 1,621 restricted stock units Converted into common stock on September 8, 2026

Common shares acquired from RSU conversion 1,621 shares Shares of common stock received on September 8, 2026

Shares delivered or withheld for exercise price or tax liability 638 shares Common stock delivered or withheld on September 8, 2026

Per-share price for delivered/withheld shares $44.94 per share Price for 638 common shares used to cover exercise price or tax liability

Original RSU grant size 4,863 restricted stock units Time-based RSUs granted on September 6, 2023 under 2020 Omnibus Incentive Plan

RSU vesting schedule 3 equal installments Vesting begins on the first anniversary of the September 6, 2023 grant date

Key Terms

Restricted Stock Units, 2020 Omnibus Incentive Plan, employee stock purchase plan, Payment of exercise price or tax liability

4 terms

Restricted Stock Units financial

"Restricted stock units convert into common stock on a one-for-one basis"

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"

employee stock purchase plan financial

"Includes shares of Common Stock acquired under the Issuer's employee stock purchase plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Payment of exercise price or tax liability financial

"Payment of exercise price or tax liability by delivering or withholding securities"

FAQ

What did ASO’s EVP & CFO report on this Form 4?

The EVP & CFO converted 1,621 restricted stock units into 1,621 shares of Academy Sports & Outdoors common stock on September 8, 2026, and 638 shares were delivered or withheld to cover the exercise price or tax liability at $44.94 per share.

How many Academy Sports & Outdoors (ASO) RSUs were involved in this transaction?

The filing reports that 1,621 restricted stock units converted into 1,621 shares of common stock on September 8, 2026. Footnotes state that these restricted stock units convert to common stock on a one-for-one basis.

At what price were ASO shares withheld for taxes or exercise costs?

The Form 4 shows that 638 shares of common stock were delivered or withheld at $44.94 per share to pay the exercise price or tax liability related to the RSU conversion on September 8, 2026.

Were the ASO insider transactions made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for these transactions involving the EVP & CFO of Academy Sports & Outdoors.

What grant history is disclosed for the ASO restricted stock units?

Footnotes state that on September 6, 2023, the reporting person was granted 4,863 time-based restricted stock units under the 2020 Omnibus Incentive Plan, vesting in three equal installments beginning on the first anniversary of the grant date.

Does the ASO Form 4 mention shares from an employee stock purchase plan?

Yes. A footnote explains that the reporting person’s common stock holdings include shares acquired under the issuer’s employee stock purchase plan, although the filing does not break out the specific number in this summary data.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/08/2026 - 07:05 PM Accepted by SEC EDGAR 09/08/2026 - 07:04 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Ford Earl Carlton IV

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/08/2026		M		1,621	A	(1)	21,727(2)	D
Common Stock	09/08/2026		F		638	D	$44.94	21,089	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(3)	(1)	09/08/2026		M			1,621	(4)	(4)	Common Stock	1,621	$0	0	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. Includes shares of Common Stock acquired under the Issuer's employee stock purchase plan.

3. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan").

4. 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.

Remarks:

	/s/ Gary Holland, Attorney-in-Fact	09/08/2026
	** Signature of Reporting Person	Date
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)