Academy Sports director converts 3,932 RSUs
Academy Sports & Outdoors director Beryl Raff exercised previously granted restricted stock units into common shares.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Academy Sports & Outdoors director Beryl Raff exercised previously granted restricted stock units into common shares. On June 3, 2026, 3,932 restricted stock units converted into 3,932 shares of common stock at $0.00 per share under the company’s 2020 Omnibus Incentive Plan. Following this compensation-related conversion, Raff directly holds 19,281.849 shares of Academy Sports & Outdoors common stock.
Insider Trade Summary
3,932 shares exercised/converted
Exercise
2 txns
Insider
RAFF BERYL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,932 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,932 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 19,281.849 shares (Direct)
Holdings Before and After:
Restricted Stock Units, 3,932 to 0 contracts (Direct);
Common Stock, 15,349.849 to 19,281.849 shares (Direct)
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan").
- F3. On June 13, 2025, the Reporting Person was granted 3,932 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 converted: 3,932 units
Shares acquired: 3,932 shares
Post-transaction holdings: 19,281.849 shares
+1 more
4 metrics
RSUs converted
3,932 units
Restricted stock units converted to common stock on June 3, 2026
Shares acquired
3,932 shares
Common stock received from RSU conversion at $0.00 per share
Post-transaction holdings
19,281.849 shares
Director’s direct common stock holdings after June 3, 2026 transaction
Exercise price
$0.00 per share
Conversion price for restricted stock units into common stock
Key Terms
Restricted stock units, 2020 Omnibus Incentive Plan, Change in Control
3 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
"or (iii) 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Academy Sports (ASO) director Beryl Raff report in this Form 4 filing?
Director Beryl Raff reported exercising restricted stock units into common stock. On June 3, 2026, 3,932 restricted stock units converted into 3,932 Academy Sports & Outdoors common shares at $0.00 per share under the company’s 2020 Omnibus Incentive Plan.
What happened to Beryl Raff’s restricted stock units in the Academy Sports (ASO) Form 4?
The 3,932 restricted stock units reported were fully converted into common stock. After the June 3, 2026 transaction, the restricted stock unit balance from this grant is shown as zero, reflecting completion of the one-for-one conversion into common shares.
Were Beryl Raff’s Academy Sports (ASO) transactions open-market buys or compensation-related?
The transactions were compensation-related, not open-market trades. The Form 4 shows a derivative exercise/conversion, where 3,932 restricted stock units granted under the 2020 Omnibus Incentive Plan converted into 3,932 common shares at $0.00 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
