ASO director granted 3,384 restricted stock units

Palermo Theresa reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 06/16/2026 - 04:37 PM EDT

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Form Type

Rhea-AI Filing Summary

Palermo Theresa reported acquisition or exercise transactions in this Form 4 filing.

Academy Sports & Outdoors director Theresa Palermo received an equity award of 3,384 restricted stock units on June 15, 2026. Each unit represents one share of common stock. The award vests 100% on the earliest of the first anniversary, the business day before the next annual stockholder meeting, certain termination events, or a Change in Control, generally conditioned on continued service.

Insider Trade Summary

Grant/Award: 3,384 shares

Grant/Award 1 txn

Insider Palermo Theresa

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	3,384	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 3,384 contracts (Direct)

Holdings Before and After: Restricted Stock Units, 0 to 3,384 contracts (Direct)

Footnotes (3)

F1. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan").
F2. Each restricted stock unit represents a contingent right upon vesting to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock").
F3. On June 15, 2026, the Reporting Person was granted 3,384 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 granted: 3,384 units RSUs after grant: 3,384 units Grant price per unit: $0.00 +2 more

5 metrics

RSUs granted 3,384 units Time-based restricted stock units granted on June 15, 2026

RSUs after grant 3,384 units Total derivative holdings related to this grant following transaction

Grant price per unit $0.00 Equity award granted at no cash cost to the director

Underlying shares 3,384 shares Each RSU corresponds to one share of common stock

Vesting structure 100% cliff vesting Vests on earliest of first anniversary, pre-meeting date, death/Disability, or Change in Control

Key Terms

Restricted Stock Units, 2020 Omnibus Incentive Plan, Change in Control, Annual Meeting of Stockholders, +1 more

5 terms

Restricted Stock Units financial

"On June 15, 2026, the Reporting Person was granted 3,384 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.

Annual Meeting of Stockholders financial

"the business day immediately preceding the date of the Issuer's next Annual Meeting of Stockholders"

Disability financial

"the Reporting Person's termination due to death or Disability (as defined in the Plan)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Academy Sports & Outdoors (ASO) director Theresa Palermo receive in this Form 4?

Theresa Palermo received an award of 3,384 restricted stock units on June 15, 2026. These units were granted under the company’s 2020 Omnibus Incentive Plan as equity compensation for her board service.

How many Academy Sports & Outdoors (ASO) RSUs were granted to Theresa Palermo?

She was granted 3,384 restricted stock units. After this grant, her reported derivative holdings related to this award total 3,384 units, each representing a contingent right to receive one share of Academy Sports & Outdoors common stock upon vesting.

When do Theresa Palermo’s ASO restricted stock units vest?

The 3,384 restricted stock units vest 100% on the earliest of the first anniversary of the grant date, the business day before the next annual stockholder meeting, certain termination events, or a qualifying Change in Control.

What does each restricted stock unit represent for ASO in this filing?

Each restricted stock unit represents a contingent right to receive one share of Academy Sports & Outdoors common stock. Delivery of the underlying share occurs only if the vesting conditions specified in the award and company plan are satisfied.

Under which plan were Theresa Palermo’s ASO RSUs granted?

The 3,384 restricted stock units were granted under Academy Sports & Outdoors’ 2020 Omnibus Incentive Plan, as amended. This plan governs the terms, definitions like Disability and Change in Control, and overall framework for equity-based awards.

Is Theresa Palermo’s ASO Form 4 transaction a market buy or sell?

No, the Form 4 reports an equity grant coded as an acquisition (code A), not an open-market buy or sell. It reflects compensation in the form of restricted stock units rather than a discretionary stock purchase or sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

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^*

Palermo Theresa

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units⁽¹⁾	⁽²⁾	06/15/2026		A		3,384		⁽³⁾	⁽³⁾	Common Stock	3,384	$0	3,384	D

Explanation of Responses:

1. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan").

2. Each restricted stock unit represents a contingent right upon vesting to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock").

3. On June 15, 2026, the Reporting Person was granted 3,384 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-Fact	06/16/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR