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Dick's CEO Lauren Hobart to Sell 40,166 Shares Following Option Exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Lauren Hobart, President, Director and CEO of Dick's Sporting Goods, has filed a Form 144 notice indicating intent to sell 40,166 shares of common stock with an aggregate market value of $8,217,168.31. The transaction is planned for execution on June 27, 2025 through Morgan Stanley Smith Barney LLC on the NYSE.

The shares were acquired on the same day through a stock option exercise and paid for in cash. The filing indicates that Hobart has not sold any other company securities in the past three months. With Dick's Sporting Goods having 80,047,111 shares outstanding, this proposed sale represents approximately 0.05% of total shares.

As required by SEC regulations, Hobart has certified that she has no knowledge of any undisclosed material adverse information regarding Dick's Sporting Goods' current and prospective operations. The transaction appears to be executed under standard protocols for insider stock sales.

Positive

  • None.

Negative

  • CEO Lauren Hobart plans to sell 40,166 shares worth approximately $8.2M, representing a significant insider sale transaction

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many DKS shares is CEO Lauren Hobart selling on June 27, 2025?

According to the Form 144 filing, CEO Lauren Hobart plans to sell 40,166 shares of DKS common stock with an aggregate market value of $8,217,168.31 on the NYSE.

How did Lauren Hobart acquire the DKS shares being sold?

The shares were acquired through a stock option exercise from the issuer (Dick's Sporting Goods) on June 27, 2025, with payment made in cash on the same date.

What is the current number of outstanding DKS shares according to the Form 144?

According to the Form 144 filing, Dick's Sporting Goods has 80,047,111 shares outstanding as of June 2025.

Has DKS CEO Lauren Hobart sold any other shares in the past 3 months?

No, according to the Form 144 filing section 'Securities Sold During The Past 3 Months', there were no other sales by Lauren Hobart during this period.

What is the average price per share for Lauren Hobart's planned DKS stock sale?

Based on the aggregate market value of $8,217,168.31 for 40,166 shares, the average price per share for the planned sale is approximately $204.58.
Dicks Sporting Goods Inc

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