Academy Sports & Outdoors (ASO) director awarded 3,384 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dastugue Michael reported acquisition or exercise transactions in this Form 4 filing.
Academy Sports & Outdoors, Inc. director Michael Dastugue received a grant of 3,384 restricted stock units under the company’s 2020 Omnibus Incentive Plan. Each unit represents one share of common stock upon vesting.
The RSUs vest 100% on the earliest of the first anniversary of the grant date, the business day before the next annual stockholders’ meeting, the director’s termination due to death or Disability as defined in the plan, or a Change in Control as defined in the plan. Following this grant, Dastugue holds 3,384 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dastugue Michael
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,384 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,384 shares (Direct, null)
Footnotes (1)
- Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan"). 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"). 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
RSU grant size: 3,384 units
Exercise price: $0.00 per unit
Post-transaction RSU holdings: 3,384 units
+1 more
4 metrics
RSU grant size
3,384 units
Restricted stock units granted to director on June 15, 2026
Exercise price
$0.00 per unit
Restricted stock units granted as compensation, no cash exercise required
Post-transaction RSU holdings
3,384 units
Total restricted stock units held directly after the grant
Underlying common shares
3,384 shares
Each RSU represents one share of common stock upon vesting
Key Terms
2020 Omnibus Incentive Plan, restricted stock unit, Change in Control, Disability
4 terms
2020 Omnibus Incentive Plan financial
"Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan")."
restricted stock unit financial
"Each restricted stock unit represents a contingent right upon vesting to receive one share of Issuer common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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 Michael Dastugue?
Academy Sports & Outdoors reported that director Michael Dastugue received 3,384 restricted stock units as a grant. These units are a form of equity compensation and will convert into common shares only if the vesting conditions outlined in the company’s incentive plan are satisfied.
How many restricted stock units did ASO grant to director Michael Dastugue?
ASO granted Michael Dastugue 3,384 restricted stock units. Each unit represents the right to receive one share of Academy Sports & Outdoors common stock, subject to vesting conditions described in the company’s 2020 Omnibus Incentive Plan and the specific award terms.
When do Michael Dastugue’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 before ASO’s next annual stockholders’ meeting, the director’s death or Disability, or a Change in Control, all as defined in the company’s incentive plan.
How many ASO restricted stock units does Michael Dastugue hold after this grant?
After this grant, Michael Dastugue holds 3,384 restricted stock units directly. These units only convert into common shares if the vesting conditions are met, so they currently represent a contingent rather than fully vested equity position in Academy Sports & Outdoors.