DICK'S Sporting Goods SVP trades 1,830 shares

DICK'S Sporting Goods SVP and General Counsel Elizabeth H. Baran reported an option exercise and share sales in company stock.

Rhea-AI Filing Summary

DICK'S Sporting Goods SVP and General Counsel Elizabeth H. Baran reported an option exercise and share sales in company stock. She exercised options for 500 shares at an exercise price of $11.31, then sold 1,830 shares at prices of $204.54 and $204.69 on July 2, 2025. After these transactions, she directly holds 12,465 shares of common stock.

Insights

Corporate Governance Expert

TL;DR: Small insider sale after option exercise; signals limited cash-out, not a strategic shift.

Ms. Baran converted 500 options deeply in-the-money and sold those shares plus 1,330 more. The net reduction of 12.8% in her direct stake leaves 12,465 shares, so her long-term alignment remains. The ~$374k sale is immaterial to market cap and typical for tax/liquidity. Because no cluster selling by other insiders accompanies this filing, I view market impact as neutral.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider Baran Elizabeth H.

Role SVP, General Counsel

Sold 1,830 shs ($375K)

Approx. gross sale proceeds $375K

Approx. exercise cost $6K

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	500	$0.00	$0.00
Exercise	Common Stock, par value $0.01 per share	500	$11.31	$6K
Sale	Common Stock, par value $0.01 per share	500	$204.54	$102K
Sale	Common Stock, par value $0.01 per share	1,330	$204.69	$272K

Holdings After Transaction: Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock, par value $0.01 per share — 12,465 shares (Direct)

Footnotes (2)

1. F1. The exercise price shown has been adjusted from the grant date exercise price due to the special cash dividend paid by the Company on September 24, 2021, which was required by the Company's Amended and Restated 2012 Stock and Incentive Plan.
2. F2. The stock option award representing the right to purchase 8,025 shares of common stock vested in four equal annual installments beginning on March 22, 2021.

Key Figures

Options exercised: 500 shares Sale of shares: 500 shares Sale of shares: 1,330 shares +3 more

6 metrics

Options exercised 500 shares Stock option exercise on 2025-07-02 at $11.31 per share

Sale of shares 500 shares Common stock sale on 2025-07-02 at $204.54 per share

Sale of shares 1,330 shares Common stock sale on 2025-07-02 at $204.69 per share

Total shares sold 1,830 shares Aggregate common shares sold in reported transactions

Post-transaction holdings 12,465 shares Direct common stock ownership after July 2, 2025 trades

Exercise price $11.31 per share Exercise price for the 500-share stock option

Key Terms

Stock Option (Right to Buy), exercise price, special cash dividend, Amended and Restated 2012 Stock and Incentive Plan

4 terms

Stock Option (Right to Buy) financial

"Derivative security titled "Stock Option (Right to Buy)" was exercised for 500 shares"

exercise price financial

"The exercise price shown has been adjusted from the grant date exercise price"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

special cash dividend financial

"Footnote notes a special cash dividend paid by the Company on September 24, 2021"

A special cash dividend is a one-time, extra cash payment a company gives to its shareholders in addition to its regular dividends, like a bonus check sent out when a business has more cash than usual. It matters to investors because it delivers immediate cash value, can signal that the company has strong short-term cash or limited opportunities to reinvest, and typically reduces the company’s cash reserves and may affect the stock price and tax treatment for recipients.

Amended and Restated 2012 Stock and Incentive Plan regulatory

"Dividend adjustment was required by the Company's Amended and Restated 2012 Stock and Incentive Plan"

FAQ

What did DKS executive Elizabeth H. Baran report in this Form 4 filing?

Elizabeth H. Baran, SVP and General Counsel of DICK'S Sporting Goods, reported exercising 500 stock options at $11.31 and selling 1,830 common shares on July 2, 2025, ending with direct ownership of 12,465 shares.

How many DKS shares did Elizabeth H. Baran sell on July 2, 2025?

On July 2, 2025, Elizabeth H. Baran sold a total of 1,830 DICK'S Sporting Goods shares, in two trades of 500 and 1,330 shares, at per-share prices of $204.54 and $204.69, respectively.

What option exercise did Elizabeth H. Baran disclose for DKS stock?

She disclosed exercising a stock option for 500 shares of DICK'S Sporting Goods common stock at an exercise price of $11.31 per share, converting the derivative position into directly held common shares.

How many DKS shares does Elizabeth H. Baran own after these transactions?

Following the reported option exercise and share sales, Elizabeth H. Baran directly owns 12,465 shares of DICK'S Sporting Goods common stock, as stated in the post-transaction holdings summary.

At what prices were the DKS shares sold in Elizabeth H. Baran's Form 4?

The reported sales of DICK'S Sporting Goods common stock were executed at per-share prices of $204.54 for 500 shares and $204.69 for 1,330 shares, both on July 2, 2025.

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

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Accepted by SEC EDGAR 07/02/2025 - 09:05 PM Learn about SEC filing dates

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^*

Baran Elizabeth H.

(Last) (First) (Middle)

345 COURT STREET

(Street)

CORAOPOLIS PA 15108

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DICK'S SPORTING GOODS, INC. [ DKS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2025

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, par value $0.01 per share	07/02/2025		M		500	A	$11.31(1)	14,295	D
Common Stock, par value $0.01 per share	07/02/2025		S		500	D	$204.54	13,795	D
Common Stock, par value $0.01 per share	07/02/2025		S		1,330	D	$204.69	12,465	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
Stock Option (Right to Buy)	$11.31(1)	07/02/2025		M			500	03/22/2024(2)	03/22/2027	Common Stock, par value $0.01 per share	500	$0	0	D

Explanation of Responses:

1. The exercise price shown has been adjusted from the grant date exercise price due to the special cash dividend paid by the Company on September 24, 2021, which was required by the Company's Amended and Restated 2012 Stock and Incentive Plan.

2. The stock option award representing the right to purchase 8,025 shares of common stock vested in four equal annual installments beginning on March 22, 2021.

Remarks:

	/s/ Alexandria M. Crist by Power of Attorney	07/02/2025
	** 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.