ASO (NASDAQ: ASO) EVP & CMO logs RSU vesting and 61-share tax disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Academy Sports & Outdoors EVP & CMO Matthew M. McCabe reported equity compensation activity involving performance-based restricted stock units. On March 4, 2026, 135 restricted stock units converted into 135 shares of common stock at $0.00 per share, increasing his direct holdings before a related tax transaction.
The filing also shows a disposition of 61 shares of common stock at $59.78 per share to cover tax withholding obligations tied to this vesting. After these transactions, McCabe directly owned 19,217 shares of common stock. Footnotes explain these awards were granted under the 2020 Omnibus Incentive Plan and tied to performance and stock price conditions certified by the compensation committee.
Positive
- None.
Negative
- None.
Insider Trade Summary
135 shares exercised/converted
Mixed
3 txns
Insider
McCabe Matthew M.
Role
EVP & CMO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 135 | $0.00 | -- |
| Exercise | Common Stock | 135 | $0.00 | -- |
| Tax Withholding | Common Stock | 61 | $59.78 | $4K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 19,278 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Granted under the Company's 2020 Omnibus Incentive Plan. On March 30, 2022, the Reporting Person was granted 2,125 performance-based restricted stock units ("PRSUs"). These PRSUs vest if certain performance criteria and/or Issuer stock price conditions are met and certified by the Issuer's compensation committee. On March 1, 2023, the Issuer's compensation committee certified achievement of 93.7% of the performance criteria during fiscal 2022 meaning that 1,990 PRSUs were deemed earned and have fully vested as of January 30, 2026. On March 4, 2026, the Issuer's compensation committee certified achievement of certain Issuer stock price conditions as of January 30, 2026, meaning that the remaining unearned amount of this grant (i.e., 135 PRSUs) was deemed earned and vested as of the date of such certification.
FAQ
What insider transactions did ASO executive Matthew McCabe report on this Form 4?
Matthew M. McCabe reported vesting and conversion of 135 restricted stock units into common stock, followed by a 61-share disposition of common stock at $59.78 per share to satisfy tax withholding related to the award.
What equity award terms are described for ASO EVP & CMO Matthew McCabe?
Footnotes explain McCabe received 2,125 performance-based RSUs on March 30, 2022. The compensation committee later certified 93.7% of performance criteria for fiscal 2022 and subsequent stock price conditions, causing the PRSUs to vest in stages by January 30, 2026 and March 2026.
Under which plan were Matthew McCabe’s ASO restricted stock units granted?
The restricted stock units were granted under Academy Sports & Outdoors’ 2020 Omnibus Incentive Plan. This plan provides equity-based awards, including performance-based RSUs that convert into common stock on a one-for-one basis once specified conditions are certified.
How did performance goals affect Matthew McCabe’s ASO performance RSUs?
McCabe’s 2,125 performance-based RSUs depended on performance and stock price targets. In March 2023, 1,990 PRSUs were certified as earned based on 93.7% performance achievement, with the remaining 135 PRSUs vesting after stock price conditions were certified in March 2026.