Academy Sports & Outdoors (ASO) awards 1,825 restricted stock units to director

Rhea-AI Filing Summary

Academy Sports & Outdoors, Inc. reported that one of its directors received a grant of 1,825 restricted stock units on December 12, 2025 under the company’s 2020 Omnibus Incentive Plan, as amended. Each unit represents the right to receive one share of common stock upon vesting.

The 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, or a Change in Control, as defined in the plan. Following this award, the director directly holds 1,825 restricted stock units.

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
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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^*

Johnson Clay M

(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.
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.

FAQ

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

A director of Academy Sports & Outdoors, Inc. received a grant of 1,825 restricted stock units on December 12, 2025 under the company’s 2020 Omnibus Incentive Plan, as amended.

How many restricted stock units were granted to the Academy Sports & Outdoors director?

The director was granted 1,825 restricted stock units, with each unit representing the right to receive one share of Academy Sports & Outdoors common stock upon vesting.

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, or a Change in Control, as defined in the plan.

What is the price or exercise cost of the reported restricted stock units?

The reported restricted stock units have a price of $0 as a derivative security, meaning the director receives shares of common stock upon vesting without paying an exercise price.

How many derivative securities does the director own after this transaction?

After the reported grant, the director directly holds 1,825 restricted stock units as derivative securities linked to Academy Sports & Outdoors common stock.

Under which equity plan were these Academy Sports & Outdoors RSUs granted?

The 1,825 restricted stock units were granted under Academy Sports & Outdoors’ 2020 Omnibus Incentive Plan, as amended.