Academy Sports (NASDAQ: ASO) CFO logs RSU vesting and small tax share sale

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.

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

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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^*

Ford Earl Carlton IV

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CFO

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

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
Common Stock	03/04/2026		M		135	A	(1)	14,980	D
Common Stock	03/04/2026		F		61	D	$59.78	14,919	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)	03/04/2026		M			135	(3)	03/30/2032	Common Stock	135	$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.

3. 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.

Remarks:

	/s/ Gary Holland, Attorney-in-Fact	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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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.

How many Academy Sports & Outdoors (ASO) shares does the CFO own after this Form 4?

After these transactions, EVP & CFO Earl Carlton Ford IV directly owns 14,919 shares of Academy Sports & Outdoors common stock. This balance reflects the 135-share RSU conversion and the 61-share tax-withholding disposition reported on March 4, 2026.

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.

Were the Academy Sports & Outdoors (ASO) shares sold by the CFO an open-market sale?

The 61 shares of Academy Sports & Outdoors common stock were reported under code F, indicating a disposition to cover tax liability by delivering shares, not a discretionary open-market sale. This is a common mechanism associated with equity award vesting.

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.