Academy Sports (ASO) director granted 3,384 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hennessy Shannon reported acquisition or exercise transactions in this Form 4 filing.
Academy Sports & Outdoors, Inc. reported that director Shannon Hennessy received a grant of 3,384 restricted stock units on June 15, 2026 under the company’s 2020 Omnibus Incentive Plan.
Each unit represents one share of common stock and will vest 100% on the earliest of the first anniversary of grant (or the business day immediately before the next annual stockholders meeting), the director’s termination due to death or Disability, or a Change in Control, subject to continued service. Following this grant, Hennessy holds 3,384 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hennessy Shannon
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
RSUs granted: 3,384 units
Underlying shares: 3,384 shares
Grant price: $0.00 per unit
+1 more
4 metrics
RSUs granted
3,384 units
Time-based restricted stock units granted on June 15, 2026
Underlying shares
3,384 shares
Common stock deliverable upon vesting of RSUs
Grant price
$0.00 per unit
Equity award with no cash exercise price
Post-grant RSU holdings
3,384 units
Total restricted stock units held after reported 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 Shannon Hennessy?
Academy Sports & Outdoors reported that director Shannon Hennessy received 3,384 restricted stock units as an equity award. The grant was made on June 15, 2026 under the company’s 2020 Omnibus Incentive Plan, at no cash cost per unit.
How many restricted stock units did Shannon Hennessy receive from Academy Sports & Outdoors (ASO)?
Shannon Hennessy received 3,384 restricted stock units from Academy Sports & Outdoors. Each unit represents a contingent right to receive one share of common stock upon vesting, providing equity-based compensation linked directly to the company’s share performance over time.
When do Shannon Hennessy’s 3,384 Academy Sports & Outdoors (ASO) RSUs vest?
The 3,384 restricted stock units vest 100% on the earliest of the first anniversary of June 15, 2026, the business day before the next annual stockholders meeting, termination due to death or Disability, or a Change in Control, assuming continued service.
What does each Academy Sports & Outdoors (ASO) restricted stock unit granted to Shannon Hennessy represent?
Each restricted stock unit granted to Shannon Hennessy represents a contingent right to receive one share of Academy Sports & Outdoors common stock. The units convert into shares only upon vesting, aligning director compensation with future company and share performance.
Under which plan were Shannon Hennessy’s Academy Sports & Outdoors (ASO) RSUs granted?
The 3,384 restricted stock units granted to Shannon Hennessy were issued under Academy Sports & Outdoors’ 2020 Omnibus Incentive Plan, as amended. This plan governs equity-based awards and sets key terms such as vesting conditions and definitions like Disability and Change in Control.