DICK'S CEO sells shares, exercises stock options
DICK'S Sporting Goods President & CEO Lauren R. Hobart reported an option exercise and related stock sales.
Rhea-AI Filing Summary
DICK'S Sporting Goods President & CEO Lauren R. Hobart reported an option exercise and related stock sales. On May 28, 2026, she exercised options to acquire 20,083 shares of common stock at an exercise price of $11.31 per share, then sold 20,083 shares in open-market transactions at weighted average prices around $227–$228 per share. Following these transactions, she directly holds 321,763 shares of DICK'S Sporting Goods common stock. The exercised option was part of an award originally covering 160,666 shares that vested in four equal annual installments beginning on March 22, 2021.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 20,083 shares ($4.35M approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Hobart Lauren R
Role
President & CEO
Sold
20,083 shs ($4.58M)
Approx. gross sale proceeds
$4.58M
Approx. exercise cost
$227K
Approx. pre-tax spread
$4.35M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 20,083 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 20,083 | $11.31 | $227K |
| Sale | Common Stock, par value $0.01 per share | 6,791 | $227.69 | $1.55M |
| Sale | Common Stock, par value $0.01 per share | 13,292 | $228.34 | $3.04M |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock, par value $0.01 per share — 321,763 shares (Direct)
Footnotes (4)
- 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.
- F2. Represents the weighted average price of multiple transactions ranging from $227.00 to $227.99. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the Company or any security holder of the Company.
- F3. Represents the weighted average price of multiple transactions ranging from $228.00 to $228.60. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the Company or any security holder of the Company.
- F4. The stock option award represents the right to purchase 160,666 shares of common stock that vested in four equal annual installments beginning on March 22, 2021.
Key Figures
Shares sold: 20,083 shares
Sale prices: $227.69 and $228.34 per share
Option exercise size: 20,083 shares
+3 more
6 metrics
Shares sold
20,083 shares
Open-market sales on May 28, 2026
Sale prices
$227.69 and $228.34 per share
Weighted average sale prices on May 28, 2026
Option exercise size
20,083 shares
Shares acquired via option exercise on May 28, 2026
Option exercise price
$11.31 per share
Adjusted exercise price for stock option
Post-transaction holdings
321,763 shares
Directly held common shares after reported transactions
Original option grant size
160,666 shares
Stock option award vesting from March 22, 2021 in four tranches
Key Terms
open-market sale, Stock Option (Right to Buy), weighted average price, special cash dividend, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
weighted average price financial
"Represents the weighted average price of multiple transactions ranging"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
special cash dividend financial
"adjusted from the grant date exercise price due to the special cash dividend"
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 financial
"required by the Company's Amended and Restated 2012 Stock and Incentive Plan"
FAQ
What insider transactions did DKS CEO Lauren Hobart report on May 28, 2026?
Lauren Hobart reported mixed transactions on May 28, 2026, exercising options for 20,083 shares and selling 20,083 shares of DICK'S Sporting Goods common stock in open-market trades at weighted average prices around $227–$228 per share.
What stock options did the DKS CEO exercise in the May 28, 2026 Form 4?
Lauren Hobart exercised a stock option for 20,083 shares of DICK'S Sporting Goods common stock at an exercise price of $11.31 per share. The underlying award originally covered 160,666 shares that vested in four equal annual installments beginning on March 22, 2021.
What does the DKS Form 4 say about the CEO’s stock option award terms?
The Form 4 notes the option award represented the right to purchase 160,666 shares of common stock, vesting in four equal annual installments beginning on March 22, 2021. The exercise price was adjusted for a special cash dividend paid on September 24, 2021.
Why was the DKS CEO’s stock option exercise price adjusted?
The exercise price was adjusted due to a special cash dividend paid by DICK'S Sporting Goods on September 24, 2021. The adjustment was required by the company’s Amended and Restated 2012 Stock and Incentive Plan, as disclosed in the Form 4 footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
