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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
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)
Holdings Before and After:
Restricted Stock Units, 1,621 to 0 contracts (Direct);
Common Stock, 20,106 to 21,089 shares (Direct)
Footnotes (4)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. Includes shares of Common Stock acquired under the Issuer's employee stock purchase plan.
- F3. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan").
- 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
