Academy Sports director granted 3,384 RSUs
MARLEY BRIAN T reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
MARLEY BRIAN T reported acquisition or exercise transactions in this Form 4 filing.
Academy Sports & Outdoors, Inc. director Brian T. Marley received a grant of 3,384 restricted stock units under the company’s 2020 Omnibus Incentive Plan. Each unit represents the right to receive one share of common stock when it vests.
The 3,384 time-based units vest 100% on the earliest of the first anniversary of the grant date, the business day immediately before the next annual meeting of stockholders, the director’s termination due to death or Disability as defined in the plan, or a Change in Control, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,384 shares
Grant/Award
1 txn
Insider
MARLEY BRIAN T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,384 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,384 contracts (Direct)
Footnotes (3)
- F1. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan").
- F2. Each restricted stock unit represents a contingent right upon vesting to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock").
- F3. On June 15, 2026, the Reporting Person was granted 3,384 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).
Key Figures
RSUs granted: 3,384 units
Grant price: $0.00 per unit
Underlying common shares: 3,384 shares
+1 more
4 metrics
RSUs granted
3,384 units
Time-based restricted stock units granted on June 15, 2026
Grant price
$0.00 per unit
Reported transaction price per restricted stock unit
Underlying common shares
3,384 shares
Each RSU represents one share of common stock upon vesting
Derivative holdings after grant
3,384 units
Total restricted stock units held following this transaction
Key Terms
Restricted Stock Units, 2020 Omnibus Incentive Plan, Change in Control, Disability
4 terms
Restricted Stock Units financial
"On June 15, 2026, the Reporting Person was granted 3,384 time-based restricted stock units"
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)"
FAQ
What insider transaction did Academy Sports & Outdoors (ASO) report for Brian T. Marley?
Academy Sports & Outdoors reported that director Brian T. Marley received 3,384 restricted stock units as a grant. These compensation-related units are tied to his service on the board and convert into common shares when vesting conditions are met under the company’s incentive plan.
How many restricted stock units did Brian T. Marley receive from ASO?
Brian T. Marley received a grant of 3,384 restricted stock units from Academy Sports & Outdoors. Each unit is linked to one share of common stock, meaning 3,384 potential shares if vesting conditions are satisfied according to the company’s 2020 Omnibus Incentive Plan.
When do Brian T. Marley’s 3,384 ASO restricted stock units vest?
The 3,384 restricted stock units vest 100% on the earliest of the first anniversary of the grant date, the business day immediately before the next annual stockholders meeting, his death or Disability, or a Change in Control, assuming he continues service with the company.
What does each Academy Sports & Outdoors restricted stock unit granted to Marley represent?
Each restricted stock unit granted to Marley represents a contingent right to receive one share of Academy Sports & Outdoors common stock. The shares are only delivered after the units vest under the plan’s terms and the director satisfies the required continued service conditions.
Under which plan were Brian T. Marley’s ASO restricted stock units granted?
The restricted stock units were granted under Academy Sports & Outdoors’ 2020 Omnibus Incentive Plan, as amended. This plan governs equity-based compensation, including time-based restricted stock units for directors and other participants, and defines terms like Disability and Change in Control for vesting events.
How many derivative securities does Brian T. Marley hold after this ASO grant?
Following this grant, Brian T. Marley holds 3,384 restricted stock units as a derivative security position. These units are reported as directly owned and each corresponds to one share of common stock upon vesting according to the specified schedule in the company’s incentive plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
