Academy Sports (NASDAQ: ASO) CFO logs RSU vesting and small tax share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Academy Sports & Outdoors EVP & CFO Earl Carlton Ford IV reported equity award activity tied to prior performance-based grants. On March 4, 2026, 135 restricted stock units were converted into 135 shares of common stock at $0.0000 per share, reflecting full vesting of a 2022 performance-based RSU grant after stock price conditions were certified. To cover related tax obligations, 61 shares of common stock were disposed of at $59.78 per share. Following these transactions, he directly owned 14,919 shares of Academy Sports & Outdoors common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
135 shares exercised/converted
Mixed
3 txns
Insider
Ford Earl Carlton IV
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 135 | $0.00 | -- |
| Exercise | Common Stock | 135 | $0.00 | -- |
| Tax Withholding | Common Stock | 61 | $59.78 | $4K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 14,980 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Granted under the Company's 2020 Omnibus Incentive Plan. On March 30, 2022, the Reporting Person was granted 2,125 performance-based restricted stock units ("PRSUs"). These PRSUs vest if certain performance criteria and/or Issuer stock price conditions are met and certified by the Issuer's compensation committee. On March 1, 2023, the Issuer's compensation committee certified achievement of 93.7% of the performance criteria during fiscal 2022 meaning that 1,990 PRSUs were deemed earned and have fully vested as of January 30, 2026. On March 4, 2026, the Issuer's compensation committee certified achievement of certain Issuer stock price conditions as of January 30, 2026, meaning that the remaining unearned amount of this grant (i.e., 135 PRSUs) was deemed earned and vested as of the date of such certification.
FAQ
What insider transactions did Academy Sports & Outdoors (ASO) report for Earl Carlton Ford IV?
Academy Sports & Outdoors reported that EVP & CFO Earl Carlton Ford IV had 135 restricted stock units convert into common stock and disposed of 61 shares to cover tax obligations. These transactions stem from previously granted performance-based equity awards.
What triggered the vesting of the 135 performance-based RSUs at Academy Sports & Outdoors (ASO)?
The 135 performance-based restricted stock units vested when Academy Sports & Outdoors’ compensation committee certified achievement of certain stock price conditions as of January 30, 2026. This certification on March 4, 2026 completed vesting of a 2022 performance-based RSU grant.
What equity plan governed the CFO’s RSU transactions at Academy Sports & Outdoors (ASO)?
The restricted stock units involved in these transactions were granted under Academy Sports & Outdoors’ 2020 Omnibus Incentive Plan. This plan provides performance-based and other equity awards to executives, subject to performance criteria and stock price conditions certified by the compensation committee.
How were the Academy Sports & Outdoors (ASO) performance-based RSUs structured for the CFO?
On March 30, 2022, the CFO received 2,125 performance-based RSUs. Achievement of 93.7% of performance criteria led to 1,990 units vesting as of January 30, 2026, with the remaining 135 units vesting when stock price conditions were certified on March 4, 2026.