Academy Sports (ASO) director Clay Johnson awarded 3,384 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Academy Sports & Outdoors director Clay M. Johnson received a grant of 3,384 restricted stock units. The award was granted under the company’s 2020 Omnibus Incentive Plan at no purchase price and brings his reported holdings from this grant to 3,384 units.
Each restricted stock unit converts into one share of common stock upon vesting. The units vest 100% on the earliest of the first anniversary of the grant date, the business day immediately before the next annual stockholder meeting, the director’s death or Disability, or a Change in Control, assuming continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson Clay M
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
Exercise/Conversion price: $0.00 per unit
Underlying common shares: 3,384 shares
+2 more
5 metrics
RSUs granted
3,384 units
Time-based restricted stock units granted on June 15, 2026
Exercise/Conversion price
$0.00 per unit
Restricted stock units granted at no purchase price
Underlying common shares
3,384 shares
Each unit represents one share of common stock upon vesting
Holdings after transaction
3,384 units
Total restricted stock units held from this grant after award
Vesting schedule
100% cliff vest
Vests on earliest of first anniversary, pre-AGM date, death/Disability, or Change in Control
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"
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 (ASO) report for Clay M. Johnson?
Academy Sports reported that director Clay M. Johnson received a grant of 3,384 restricted stock units. These units were awarded as equity compensation under the company’s 2020 Omnibus Incentive Plan and represent a contingent right to receive common shares upon vesting.
How many restricted stock units did ASO director Clay M. Johnson receive?
Clay M. Johnson received 3,384 restricted stock units from Academy Sports & Outdoors. Each restricted stock unit represents the right to receive one share of common stock, giving him a potential 3,384 additional shares if the award fully vests under the stated conditions.
What are the vesting terms of Clay M. Johnson’s 3,384 ASO restricted stock units?
The 3,384 restricted stock units vest 100% on the earliest of the first anniversary of the grant, the business day before the next annual stockholder meeting, Johnson’s death or Disability, or a Change in Control, provided he continues serving the company until that vesting date.
What does each restricted stock unit represent for Academy Sports (ASO)?
Each restricted stock unit represents a contingent right to receive one share of Academy Sports common stock. The shares are only delivered after the vesting conditions are met, aligning director compensation with long-term shareholder interests through equity rather than immediate cash.
Under which plan were Clay M. Johnson’s ASO restricted stock units granted?
The 3,384 restricted stock units were granted under Academy Sports & Outdoors’ 2020 Omnibus Incentive Plan, as amended. This plan authorizes equity-based awards, such as restricted stock units, to directors and employees as part of their compensation and incentive structure.