STOCK TITAN

Academy Sports president sells 95,883 shares

ASO’s president exercised 25,580 stock options and reported open-market sales totaling 95,883 common shares over two days.

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Academy Sports & Outdoors, Inc. (ASO) reports that President Samuel J. Johnson exercised stock options and sold common stock on September 14–15, 2026. He exercised 25,580 options at $26.99 per share into common stock, then sold a total of 95,883 shares in open-market or private transactions at weighted average prices between about $50.95 and $53.95 per share. No Rule 10b5-1 trading plan is reported.

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Negative

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Insights

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Insider Johnson Samuel J
Role President
Sold 95,883 shs ($5.02M)
Approx. gross sale proceeds $5.02M
Approx. exercise cost $690K
Type Security Shares Price Value
Sale Common Stock F3 27,370 $52.82 $1.45M
Sale Common Stock F4 9,123 $51.85 $473K
Sale Common Stock F5 33,810 $50.95 $1.72M
Exercise Stock Options (Right to Buy) F6, F7 25,580 $0.00 $0.00
Exercise Common Stock F1 25,580 $26.99 $690K
Sale Common Stock F2 25,580 $53.95 $1.38M
Holdings After Transaction: Stock Options (Right to Buy) — 0 contracts (Direct); Common Stock — 36,861 shares (Direct)
Footnotes (7)
  1. F1. Includes shares of Common Stock acquired under the Issuer's employee stock purchase plan.
  2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $53.92 to $54.03, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  3. F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $52.36 to $53.36, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  4. F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $51.35 to $52.35, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  5. F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $50.41 to $51.34, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  6. F6. Granted under the Company's Amended and Restated 2020 Omnibus Incentive Plan (the "Plan").
  7. F7. On March 31, 2021, the Reporting Person was granted 51,158 time-based options. These time-based options vest in four equal installments beginning on first anniversary of the grant date.
Total shares sold 95,883 shares Open-market or private sales of Academy common stock reported for September 14–15, 2026
Options exercised 25,580 shares Stock options exercised into common stock on September 14, 2026
Option exercise price $26.99 per share Exercise price for 25,580 stock options converted into common stock
Sale price (September 14 block) $53.95 per share (weighted average) Sale of 25,580 shares on September 14, 2026, with trades from $53.92 to $54.03
Sale price (September 15 block) $52.82 per share (weighted average) Sale of 27,370 shares with trades from $52.36 to $53.36 on September 15, 2026
Additional sale prices $51.85 and $50.95 per share (weighted averages) Sales of 9,123 and 33,810 shares with price ranges $51.35–$52.35 and $50.41–$51.34
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
Amended and Restated 2020 Omnibus Incentive Plan financial
"Granted under the Company's Amended and Restated 2020 Omnibus Incentive Plan (the "Plan")."
time-based options financial
"On March 31, 2021, the Reporting Person was granted 51,158 time-based options."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did ASO President Samuel J. Johnson report in this Form 4?

He reported exercising 25,580 stock options at $26.99 per share and selling 95,883 shares of Academy Sports & Outdoors common stock in open-market or private transactions on September 14–15, 2026, at weighted average prices between about $50.95 and $53.95 per share.

How many ASO shares did the president sell, and at what prices?

He sold 95,883 shares of ASO common stock. Reported weighted average sale prices were $53.95, $52.82, $51.85, and $50.95 per share, each covering multiple trades within disclosed price ranges between approximately $50.41 and $54.03 per share.

What options did the ASO president exercise in this filing?

He exercised 25,580 stock options for ASO common stock at an exercise price of $26.99 per share. These options were granted on March 31, 2021 as time-based options that vest in four equal installments under the company’s Amended and Restated 2020 Omnibus Incentive Plan.

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

The filing does not report that the transactions were made under a Rule 10b5-1 trading plan. The document-level Rule 10b5-1 checkbox is not marked as affirming plan use, and no footnote describes the trades as made pursuant to such a plan.

Did the ASO president acquire any shares aside from the option exercise?

Yes. A footnote states that reported common stock holdings include shares acquired under the company’s employee stock purchase plan, indicating additional acquisitions through that plan beyond the 25,580 shares obtained via option exercise in this filing.

What is the status of the exercised ASO stock options after these transactions?

The Form 4 shows the exercised option award of 25,580 shares with a post-transaction derivative balance of 0, indicating that those particular stock options have been fully exercised and no units from that specific grant remain outstanding.

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

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Learn about SEC filing dates
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*
Johnson Samuel J

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/14/2026
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 Stock09/14/2026M25,580A$26.99132,744(1)D
Common Stock09/14/2026S25,580D$53.95(2)107,164D
Common Stock09/15/2026S27,370D$52.82(3)79,794D
Common Stock09/15/2026S9,123D$51.85(4)70,671D
Common Stock09/15/2026S33,810D$50.95(5)36,861D
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
Stock Options (Right to Buy)(6)$26.9909/14/2026M25,580 (7)03/31/2031Common Stock25,580$00D
Explanation of Responses:
1. Includes shares of Common Stock acquired under the Issuer's employee stock purchase plan.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $53.92 to $54.03, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $52.36 to $53.36, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $51.35 to $52.35, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $50.41 to $51.34, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
6. Granted under the Company's Amended and Restated 2020 Omnibus Incentive Plan (the "Plan").
7. On March 31, 2021, the Reporting Person was granted 51,158 time-based options. These time-based options vest in four equal installments beginning on first anniversary of the grant date.
Remarks:
/s/ Gary Holland, Attorney-in-Fact09/16/2026
** 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)

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