Academy Sports & Outdoors (ASO) president vests 540 PRSUs and settles taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Academy Sports & Outdoors, Inc. president Samuel J. Johnson reported equity award activity tied to previously granted performance-based restricted stock units. On March 4, 2026, 540 PRSUs converted into 540 shares of common stock at a price of $0.00 per share, following certification that stock price conditions were met.
The original March 30, 2022 grant was 8,501 PRSUs under the 2020 Omnibus Incentive Plan. Earlier, 7,961 PRSUs vested after 93.7% of performance criteria were certified as achieved for fiscal 2022, with vesting as of January 30, 2026. To cover tax obligations, 283 shares of common stock were disposed of at $59.78 per share, leaving Johnson with 97,233 shares of common stock held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
540 shares exercised/converted
Mixed
3 txns
Insider
Johnson Samuel J
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 540 | $0.00 | -- |
| Exercise | Common Stock | 540 | $0.00 | -- |
| Tax Withholding | Common Stock | 283 | $59.78 | $17K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 97,516 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 8,501 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 7,961 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., 540 PRSUs) was deemed earned and vested as of the date of such certification.
FAQ
What insider transactions did ASO president Samuel J. Johnson report on March 4, 2026?
Samuel J. Johnson reported the vesting and conversion of 540 performance-based restricted stock units into 540 shares of Academy Sports & Outdoors common stock at $0.00 per share, followed by a tax-withholding disposition of 283 shares, leaving him with 97,233 directly held shares.
What are the key details of Samuel J. Johnson’s PRSU grant at Academy Sports (ASO)?
On March 30, 2022, Johnson received 8,501 performance-based restricted stock units under the 2020 Omnibus Incentive Plan. These PRSUs vest only if performance criteria and/or stock price conditions are met and certified by the company’s compensation committee for specified performance periods.
How much of Samuel J. Johnson’s Academy Sports (ASO) PRSU grant has vested so far?
The compensation committee certified 93.7% performance achievement for fiscal 2022, causing 7,961 PRSUs to be earned and fully vested as of January 30, 2026. The remaining 540 PRSUs were later earned and vested upon certification of stock price conditions on March 4, 2026.
How do Johnson’s PRSUs at Academy Sports (ASO) convert into common stock?
The restricted stock units convert into common stock on a one-for-one basis once performance criteria and/or stock price conditions are certified as achieved by the compensation committee. Upon vesting and conversion, the resulting common shares are then reflected in Johnson’s direct share ownership.