Academy Sports (NYSE: ASO) director converts 1,825 RSUs into common shares

Rhea-AI Filing Summary

Academy Sports & Outdoors director Clay M. Johnson exercised previously granted equity awards, converting 1,825 restricted stock units into the same number of shares of common stock on June 3, 2026. The restricted stock units were granted under the company’s 2020 Omnibus Incentive Plan and had vested in full based on his continued board service. Following this transaction, he directly holds 1,825 shares of common stock and no remaining restricted stock units from this grant.

Insider Trade Summary

1,825 shares exercised/converted

Mixed 2 txns

Insider Johnson Clay M

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,825	$0.00	--
Exercise	Common Stock	1,825	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 1,825 shares (Direct, null)

Footnotes (1)

1. Restricted stock units convert into common stock on a one-for-one basis. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan"). 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 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 exercised: 1,825 units Common shares received: 1,825 shares Exercise price per RSU: $0.00 per unit +2 more

5 metrics

RSUs exercised 1,825 units Restricted stock units converted to common stock on June 3, 2026

Common shares received 1,825 shares Shares of common stock issued on RSU conversion

Exercise price per RSU $0.00 per unit Conversion of restricted stock units into common stock

Shares held after transaction 1,825 shares Direct ownership of common stock following Form 4 transaction

Grant date RSUs 1,825 units Time-based RSUs granted on December 12, 2025

Key Terms

Restricted Stock Units, 2020 Omnibus Incentive Plan, Change in Control, Disability

4 terms

Restricted Stock Units financial

"Restricted stock units convert into common stock on a one-for-one basis."

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 (the "Plan")."

Change in Control financial

"vest 100% ... upon ... 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

"upon the Reporting Person's termination due to death or Disability (as defined in the Plan)."

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Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Johnson Clay M

(Last) (First) (Middle)

C/O ACADEMY SPORTS AND OUTDOORS, INC.

1800 NORTH MASON ROAD

(Street)

KATY TEXAS 77449

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

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

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

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

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
Common Stock	06/03/2026		M		1,825	A	(1)	1,825	D

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(2)	(1)	06/03/2026		M			1,825	(3)	(3)	Common Stock	1,825	$0	0	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

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

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 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).

Remarks:

	/s/ Gary Holland, Attorney-in-Fact	06/03/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did ASO director Clay M. Johnson report in this Form 4?

Clay M. Johnson reported exercising 1,825 restricted stock units into 1,825 shares of Academy Sports & Outdoors common stock. The transaction reflects conversion of vested equity awards rather than an open-market stock purchase or sale.

How many ASO shares does Clay M. Johnson hold after this transaction?

After the reported transaction, Clay M. Johnson directly holds 1,825 shares of Academy Sports & Outdoors common stock. These shares result from the conversion of an equal number of restricted stock units previously granted under the company’s 2020 Omnibus Incentive Plan.

What type of equity award did Clay M. Johnson convert at Academy Sports & Outdoors (ASO)?

He converted 1,825 time-based restricted stock units into common stock on a one-for-one basis. These units were granted under Academy Sports & Outdoors’ 2020 Omnibus Incentive Plan and vested in full subject to his continued service with the company.

When were Clay M. Johnson’s ASO restricted stock units granted and how did they vest?

The 1,825 restricted stock units were granted on December 12, 2025 and were scheduled to vest 100% after one year or earlier upon certain events, including death, Disability, or a Change in Control, subject to his continued service.

Does the ASO Form 4 show any open-market buying or selling by Clay M. Johnson?

The Form 4 does not show any open-market buying or selling. It reports the exercise of 1,825 restricted stock units into common shares at a price of $0.00 per unit, reflecting a compensation-related equity conversion rather than market transactions.