STOCK TITAN

Academy Sports & Outdoors (ASO) director converts 1,825 RSUs into common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Academy Sports & Outdoors, Inc. director Michael Dastugue exercised previously granted restricted stock units that converted into common stock on a one-for-one basis. He acquired 1,825 shares of common stock through this derivative exercise and, after the transaction, holds 1,825 common shares directly. The restricted stock units were originally granted under the company’s 2020 Omnibus Incentive Plan and vested based on continued service and certain change-in-control or termination conditions.

Positive

  • None.

Negative

  • None.
Insider Dastugue Michael
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 1,825 $0.00 --
Exercise Common Stock 1,825 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 1,825 shares (Direct, null)
Footnotes (1)
  1. Restricted stock units convert into common stock on a one-for-one basis. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan"). 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 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).
RSUs exercised 1,825 units Restricted stock units converted to common stock
Common shares acquired 1,825 shares Shares received from RSU conversion
Shares held after transaction 1,825 shares Direct common stock ownership post-transaction
Transaction price per share $0.0000 Accounting price reported for RSU conversion
Exercise transactions 1 transaction, 1,825 shares transactionSummary exerciseCount and exerciseShares
Restricted stock units financial
"The Reporting Person was granted 1,825 time-based restricted stock units that vest 100%"
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.
Disability financial
"the Reporting Person's termination due to death or Disability (as defined in the Plan)"
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
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SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
Dastugue Michael

(Last)(First)(Middle)
C/O ACADEMY SPORTS AND OUTDOORS, INC.
1800 NORTH MASON ROAD

(Street)
KATY TEXAS 77449

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Academy Sports & Outdoors, Inc. [ ASO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/03/2026M1,825A(1)1,825D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)(1)06/03/2026M1,825 (3) (3)Common Stock1,825$00D
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, as amended (the "Plan").
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 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).
Remarks:
/s/ Gary Holland, Attorney-in-Fact06/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Academy Sports & Outdoors (ASO) report for Michael Dastugue?

Academy Sports & Outdoors reported that director Michael Dastugue exercised restricted stock units that converted into 1,825 shares of common stock. This was a derivative exercise, not an open-market buy or sell, and reflects compensation vesting rather than a trading decision.

How many Academy Sports & Outdoors (ASO) shares did Michael Dastugue acquire in this Form 4?

Michael Dastugue acquired 1,825 shares of Academy Sports & Outdoors common stock through the conversion of restricted stock units. These units vested and converted on a one-for-one basis, increasing his directly held common stock position to 1,825 shares after the transaction.

Were any Academy Sports & Outdoors (ASO) shares sold in Michael Dastugue’s latest Form 4 filing?

No shares were sold in this Form 4. The filing shows only the exercise and conversion of 1,825 restricted stock units into common stock, with no reported open-market sales or dispositions. The transaction reflects equity compensation vesting for the director.

What are the terms of the restricted stock units reported for Academy Sports & Outdoors (ASO)?

The 1,825 restricted stock units were granted under Academy Sports & Outdoors’ 2020 Omnibus Incentive Plan. They vest 100% after one year of service or earlier upon death, Disability, certain change-in-control events, or immediately before the company’s next annual stockholder meeting, subject to continued service.

How did this Form 4 change Michael Dastugue’s ownership in Academy Sports & Outdoors (ASO)?

Following the conversion of 1,825 restricted stock units, Michael Dastugue now directly owns 1,825 shares of Academy Sports & Outdoors common stock. The filing shows no remaining restricted stock units from this grant and no additional derivative holdings after the reported transaction.