[Form 4] Academy Sports & Outdoors, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Academy Sports & Outdoors EVP & CMO Matthew McCabe reported equity compensation and vesting activity. On March 20, 2026, he received 17,314 performance-based restricted stock units and 17,314 time-based restricted stock units, each convertible into one share of common stock if vesting conditions are met.
The performance units vest based on pre-established metrics for adjusted pre-tax income, return on invested capital, and adjusted free cash flow over a three-year period from February 1, 2026 to February 3, 2029. The time-based units vest in three equal annual installments starting one year after the grant date, subject to continued service.
On March 23, 2026, 1,289 restricted stock units converted into 1,289 shares of common stock, and 529 shares were withheld at $51.98 per share to cover tax obligations. After these transactions, McCabe directly holds 19,977 shares of common stock.
Positive
- None.
Negative
- None.
Insights
Routine executive equity grants and RSU vesting with tax withholding.
EVP & CMO Matthew McCabe received 17,314 performance-based and 17,314 time-based restricted stock units, each tied one-for-one to common shares. This structure aligns a significant portion of his compensation with medium-term company performance and service-based vesting.
The performance units depend on adjusted pre-tax income, return on invested capital, and adjusted free cash flow over a three-year period from February 1, 2026 to February 3, 2029, so ultimate share delivery can range from 0% to 200% of the target amount. The time-based units vest in three equal annual tranches, encouraging retention.
On March 23, 2026, 1,289 RSUs converted into common shares, with 529 shares withheld at $51.98 per share for taxes. He now holds 19,977 common shares directly, and the filing shows no remaining derivatives from the exercised RSUs. Overall, these are standard compensation and tax events rather than discretionary market trades.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,289 | $0.00 | -- |
| Exercise | Common Stock | 1,289 | $0.00 | -- |
| Tax Withholding | Common Stock | 529 | $51.98 | $27K |
| Grant/Award | Restricted Stock Units | 17,314 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 17,314 | $0.00 | -- |
Footnotes (1)
- Restricted stock units convert into one share of Issuer common stock, par value $0.01 per share ("Common Stock") on a one-for-one basis. Granted under the Company's 2020 Omnibus Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Issuer Common Stock. On March 20, 2026, the Reporting Person was granted 17,314 performance-based restricted stock units ("PRSUs"). These PRSUs vest if certain preestablished performance metrics related to the Company's (i) adjusted pre-tax income, (ii) return on invested capital, and (iii) adjusted free cash flow over a 3-year period beginning on February 1, 2026 and ending on February 3, 2029, are achieved and certified by the Issuer's compensation committee (which, if any, may vary from 0% to 200% of the number shown above), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. On March 20, 2026, subject to the Reporting Person's continued service, the Reporting Person was granted 17,314 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date. On March 21, 2023, subject to the Reporting Person's continued service, the Reporting Person was granted 3,865 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date.
