DKS chair gets 45,633 restricted shares, tax withheld
DICK'S Sporting Goods Executive Chairman Edward W. Stack reported routine equity compensation and related tax withholding.
Rhea-AI Filing Summary
DICK'S Sporting Goods Executive Chairman Edward W. Stack reported routine equity compensation and related tax withholding. On April 3, 2026, he received a grant of 45,633 shares of time-based restricted common stock at no cost. On the same date, 28,211 shares of common stock were withheld at $191.75 per share to satisfy tax obligations.
After these transactions, Stack directly owned 6,566,448 shares of common and Class B common stock, and also had indirect holdings through grantor retained annuity trusts of 1,411,383, 2,000,000, and 1,000,000 Class B shares, each convertible into common stock on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
STACK EDWARD W
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 45,633 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 28,211 | $191.75 | $5.41M |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 6,566,448 shares (Direct);
Common Stock, par value $0.01 per share — 4,411,383 shares (Indirect, By grantor retained annuity trust)
Footnotes (5)
- F1. Shares of time-based restricted stock, subject to vesting.
- F2. Amount includes 5,281,431 shares of Class B common stock (the "Class B Common Stock"), which is not registered under the Securities Exchange Act of 1934, as amended. Holders of Class B Common Stock have identical rights to holders of common stock, except that holders of Class B Common Stock are entitled to 10 votes for each share held of record. Each share of Class B Common Stock is convertible at any time, at the option of the holder, into one share of common stock.
- F3. Amount includes 1,411,383 shares of Class B Common Stock, which is not registered under the Exchange Act. These shares are held by the Edward W. Stack Grantor Retained Annuity Trust XI.
- F4. Amount includes 2,000,000 shares of Class B Common Stock, which is not registered under the Exchange Act. These shares are held by the Edward W. Stack Grantor Retained Annuity Trust XII.
- F5. Amount includes 1,000,000 shares of Class B Common Stock, which is not registered under the Exchange Act. These shares are held by the Edward W. Stack Grantor Retained Annuity Trust XIII.
Key Figures
Restricted stock grant: 45,633 shares
Tax withholding shares: 28,211 shares
Withholding price: $191.75 per share
+5 more
8 metrics
Restricted stock grant
45,633 shares
Time-based restricted common stock granted on April 3, 2026
Tax withholding shares
28,211 shares
Shares withheld to cover tax liability at $191.75 per share
Withholding price
$191.75 per share
Price used for tax-withholding disposition
Direct holdings post-transaction
6,566,448 shares
Common and Class B common stock directly owned after transactions
Indirect GRAT XI holdings
1,411,383 shares
Class B common stock held by Grantor Retained Annuity Trust XI
Indirect GRAT XII holdings
2,000,000 shares
Class B common stock held by Grantor Retained Annuity Trust XII
Indirect GRAT XIII holdings
1,000,000 shares
Class B common stock held by Grantor Retained Annuity Trust XIII
Class B conversion ratio
1:1 into common
Each Class B share convertible into one common share
Key Terms
time-based restricted stock, Class B common stock, grantor retained annuity trust, tax liability, +1 more
5 terms
time-based restricted stock financial
"Shares of time-based restricted stock, subject to vesting."
Time-based restricted stock are company shares granted to employees or executives that become fully owned and transferable only after the recipient stays with the company for specified time periods. Think of it like receiving a wrapped gift that opens a little each year; the gradual unlocking helps keep employees motivated and tied to long-term performance. Investors watch these grants because they can dilute existing shares when they vest and signal how management is being rewarded and incentivized.
Class B common stock financial
"Amount includes 5,281,431 shares of Class B common stock (the "Class B Common Stock"), which is not registered under the Securities Exchange Act of 1934, as amended."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
grantor retained annuity trust financial
"These shares are held by the Edward W. Stack Grantor Retained Annuity Trust XI."
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
tax liability financial
"Payment of exercise price or tax liability by delivering securities"
convertible financial
"Each share of Class B Common Stock is convertible at any time, at the option of the holder, into one share of common stock."
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Edward W. Stack report in this DKS Form 4 filing?
Edward W. Stack reported a grant of 45,633 shares of time-based restricted common stock and a related withholding of 28,211 shares to cover taxes. These are routine compensation and tax-settlement events rather than open-market buying or selling.
What was the size of the restricted stock award Edward W. Stack received?
He received 45,633 shares of time-based restricted common stock. These shares are subject to vesting conditions, meaning they typically become fully owned over time if continued service or other requirements are satisfied, rather than being immediately unrestricted.
What indirect holdings in DKS does Edward W. Stack report through trusts?
He reports indirect holdings through three grantor retained annuity trusts: 1,411,383, 2,000,000, and 1,000,000 shares of Class B common stock. These Class B shares are not registered under the Exchange Act but are convertible into common stock on a one-for-one basis.
What is the difference between DKS common stock and Class B common stock held by Edward W. Stack?
Class B common stock is not registered under the Exchange Act and gives holders ten votes per share, versus one vote for common stock. Each Class B share can be converted at any time, at the holder’s option, into one share of common stock with identical economic rights.
AI-generated analysis. How Rhea-AI works. Not financial advice.
