Academy Sports & Outdoors (ASO) president exercises RSUs and uses shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Academy Sports & Outdoors, Inc. president Samuel J. Johnson reported routine equity compensation activity involving restricted stock units. On June 9, 2026, he exercised 827 restricted stock units, which converted into the same number of common shares. In a related move, 326 common shares were disposed of to cover tax obligations, a non-market "F" code tax-withholding transaction. Following these transactions, Johnson directly holds 107,055 shares of common stock, indicating only a small portion of his position was used for taxes and no open-market buying or selling occurred.
Positive
- None.
Negative
- None.
Insider Trade Summary
827 shares exercised/converted
Mixed
3 txns
Insider
Johnson Samuel J
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 827 | $0.00 | -- |
| Exercise | Common Stock | 827 | $0.00 | -- |
| Tax Withholding | Common Stock | 326 | $51.67 | $17K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 107,381 shares (Direct, null)
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 June 9, 2023, subject to the Reporting Person's continued service, the Reporting Person was granted 2,479 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date.
Key Figures
RSUs exercised: 827 shares
Shares withheld for taxes: 326 shares
Shares held after transactions: 107,055 shares
+2 more
5 metrics
RSUs exercised
827 shares
Restricted stock units converted to common stock on June 9, 2026
Shares withheld for taxes
326 shares
Tax-withholding disposition coded F on June 9, 2026
Shares held after transactions
107,055 shares
Direct common stock holdings following June 9, 2026 actions
RSU expiration date
June 9, 2033
Expiration date for the reported restricted stock unit derivative
Tax-withholding reference price
$51.67 per share
Price used for 326-share tax-withholding disposition
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, 2020 Omnibus Incentive Plan
4 terms
Restricted Stock Units financial
"The security title is listed as "Restricted Stock Units" with 827.0000 shares."
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.
tax-withholding disposition financial
"The 326-share transaction is described as a tax-withholding disposition for payment of tax liability."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Two transactions use code M with the action labeled as derivative exercise/conversion."
2020 Omnibus Incentive Plan financial
"Footnotes state the grant was made under the Company's 2020 Omnibus Incentive Plan."
FAQ
What insider transactions did ASO president Samuel J. Johnson report?
Samuel J. Johnson reported an exercise of 827 restricted stock units into common stock and a related tax-withholding disposition of 326 shares. These actions reflect routine equity compensation activity rather than open-market trading in Academy Sports & Outdoors, Inc. shares.
What are the terms of the restricted stock units involved for ASO’s president?
The restricted stock units convert into common stock on a one-for-one basis and were granted under the 2020 Omnibus Incentive Plan. A June 9, 2023 grant of 2,479 time-based RSUs vests in three equal installments, subject to his continued service with the company.