Academy Sports (NASDAQ: ASO) EVP exercises RSUs and covers taxes in shares
Rhea-AI Filing Summary
Academy Sports & Outdoors EVP & CMO Matthew M. McCabe reported routine equity compensation activity. On March 25–26, 2026, he exercised restricted stock units that converted into a total of 6,512 shares of common stock at a conversion price of $0.00 per share.
To cover tax obligations related to these vestings, 1,252 shares were withheld at $53.33 per share and 1,311 shares were withheld at $53.54 per share, classified as tax-withholding dispositions rather than open‑market sales. Following these transactions, McCabe directly holds 23,926 shares of common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 3,949 shares
Net Buy
6 txns
Insider
McCabe Matthew M.
Role
EVP & CMO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,181 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,181 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,252 | $53.33 | $67K |
| Exercise | Restricted Stock Units | 3,331 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,331 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,311 | $53.54 | $70K |
Holdings After Transaction:
Restricted Stock Units — 9,845 shares (Direct);
Common Stock — 23,926 shares (Direct)
Footnotes (5)
- F1. Restricted stock units convert into Issuer common stock, par value $0.01 per share ("Common Stock") on a one-for-one basis.
- F2. Granted under the Company's 2020 Omnibus Incentive Plan.
- F3. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F4. On March 26, 2024, subject to the Reporting Person's continued service, the Reporting Person was granted 9,544 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date.
- F5. On March 25, 2025, subject to the Reporting Person's continued service, the Reporting Person was granted 9,994 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date.
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FAQ
What insider transactions did ASO executive Matthew McCabe report?
Matthew McCabe reported exercises of restricted stock units that converted into 6,512 shares of Academy Sports & Outdoors common stock. These were routine equity compensation events tied to prior grants, with a portion of the resulting shares withheld to satisfy tax obligations rather than sold in the open market.
Were any of Matthew McCabe’s ASO transactions open-market sales?
None of McCabe’s reported transactions were open-market sales. The only dispositions were 1,252 and 1,311 shares of common stock withheld at $53.33 and $53.54 per share, respectively, solely to cover tax liabilities associated with the vesting and settlement of restricted stock units into common stock.