ASO director converts 1,245 RSUs; post‑trade holding 449,852 shares
Rhea-AI Filing Summary
Academy Sports & Outdoors (ASO) disclosed a director’s Form 4 showing an RSU conversion and related tax withholding on 10/30/2025.
The director acquired 1,245 shares of common stock via the conversion of restricted stock units and had 589 shares withheld for taxes at $48.84. Following these transactions, the director directly owned 449,852 shares of common stock. Derivative holdings listed 7,781 restricted stock units after the activity.
Footnotes state the RSUs convert one-for-one, were granted under the 2020 Omnibus Incentive Plan, and relate to a 3/30/2022 grant of 63,760 PRSUs, with 59,713 deemed earned after 93.7% performance achievement certified on 3/1/2023. Earned PRSUs vest monthly starting 1/30/2022, and up to 4,047 may vest based on stock price conditions as of 1/30/2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,245 | $0.00 | -- |
| Exercise | Common Stock | 1,245 | $0.00 | -- |
| Tax Withholding | Common Stock | 589 | $48.84 | $29K |
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 63,760 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 59,713 PRSUs were deemed earned. Of this earned amount, 1/48 of the PRSUs earned will vest for every monthly anniversary since the Vesting Commencement Date (i.e., January 30, 2022), and thereafter, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The remaining unearned amount of this grant (i.e., 4,047 PRSUs) may vest upon certification by the Issuer's compensation committee of achievement of certain Issuer stock price conditions as of January 30, 2026.