Academy Sports & Outdoors, Inc. (ASO) grants 1,825 time-based RSUs to director

Rhea-AI Filing Summary

Academy Sports & Outdoors, Inc. reported an insider equity grant to one of its directors. On December 12, 2025, the director acquired 1,825 restricted stock units, each representing a right to receive one share of the company’s common stock with par value $0.01 per share.

The award was granted under the company’s 2020 Omnibus Incentive Plan. These time-based restricted stock units vest 100% on the earliest of the first anniversary of the grant date, the business day immediately preceding the next annual meeting of stockholders, the director’s termination due to death or Disability as defined in the plan, or a Change in Control as defined in the plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dastugue Michael

(Last) (First) (Middle)

C/O ACADEMY SPORTS AND OUTDOORS, INC.

1800 NORTH MASON ROAD

(Street)

KATY TX 77449

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Academy Sports & Outdoors, Inc. [ ASO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(1)	(2)	12/12/2025		A		1,825		(3)	(3)	Common Stock	1,825	$0	1,825	D

Explanation of Responses:

1. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan").

2. 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").

3. On December 12, 2025, the Reporting Person was granted 1,825 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 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).

Remarks:

	/s/ Gary Holland, Attorney-in-Fact	12/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did Academy Sports & Outdoors (ASO) report?

A director of Academy Sports & Outdoors, Inc. acquired 1,825 restricted stock units on December 12, 2025, as reported in an insider ownership filing.

How many restricted stock units were granted by Academy Sports & Outdoors (ASO) and under what plan?

The director was granted 1,825 time-based restricted stock units under the company’s 2020 Omnibus Incentive Plan, as amended.

When do the Academy Sports & Outdoors (ASO) restricted stock units vest?

The 1,825 restricted stock units vest 100% on the earliest of the first anniversary of the December 12, 2025 grant date, the business day immediately preceding the next annual meeting of stockholders, the director’s termination due to death or Disability as defined in the plan, or a Change in Control as defined in the plan.

What does each Academy Sports & Outdoors (ASO) restricted stock unit represent?

Each restricted stock unit represents a contingent right upon vesting to receive one share of Academy Sports & Outdoors common stock, par value $0.01 per share.

What is the reporting person’s relationship to Academy Sports & Outdoors (ASO)?

The filing identifies the reporting person’s relationship to Academy Sports & Outdoors, Inc. as a Director of the company.

What was the price and ownership outcome of the Academy Sports & Outdoors (ASO) RSU grant?

The restricted stock units were granted at a price of $0 per unit, and the director beneficially owned 1,825 derivative securities following the reported transaction, held directly.