DKS executive sells shares after exercising options
DICK'S Sporting Goods executive Julie Lodge-Jarrett reported several transactions in company common stock.
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Form Type
4
Rhea-AI Filing Summary
DICK'S Sporting Goods executive Julie Lodge-Jarrett reported several transactions in company common stock. On April 17, 2026, she exercised stock options to acquire 4,140 shares at $12.82 per share and, on the same date, sold 1,640 shares at $227.2551 and 2,500 shares at $221.13 in open-market sales. On April 20, 2026, she made a bona fide gift of 150 shares at no stated price. After these transactions, she directly held 24,607 shares of DICK'S Sporting Goods common stock.
Insider Trade Summary
Exercise and Sale: 4,140 shares ($872K approx. pre-tax spread)
Exercise and Sale
5 txns
Insider
Lodge-Jarrett Julie
Role
EVP, Chf People & Purpose Ofcr
Sold
4,140 shs ($926K)
Approx. gross sale proceeds
$926K
Approx. exercise cost
$53K
Approx. pre-tax spread
$872K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, par value $0.01 per share | 150 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) | 4,140 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 4,140 | $12.82 | $53K |
| Sale | Common Stock, par value $0.01 per share | 2,500 | $221.13 | $553K |
| Sale | Common Stock, par value $0.01 per share | 1,640 | $227.2551 | $373K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock, par value $0.01 per share — 24,607 shares (Direct)
Footnotes (2)
- 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. The stock option award representing the right to purchase 36,558 shares of common stock vested in four equal annual installments beginning on April 3, 2021.
Key Figures
Options exercised: 4,140 shares at $12.82
Shares sold (block 1): 1,640 shares at $227.2551
Shares sold (block 2): 2,500 shares at $221.13
+3 more
6 metrics
Options exercised
4,140 shares at $12.82
Stock option exercise on April 17, 2026
Shares sold (block 1)
1,640 shares at $227.2551
Open-market sale on April 17, 2026
Shares sold (block 2)
2,500 shares at $221.13
Open-market sale on April 17, 2026
Gifted shares
150 shares at $0.00
Bona fide gift on April 20, 2026
Post-transaction holdings
24,607 shares
Direct ownership after reported transactions
Exercised option size
4,140 underlying shares
Stock Option (Right to Buy) position reduced to zero
Key Terms
Stock Option (Right to Buy), bona fide gift, Exercise or conversion of derivative security, special cash dividend, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
special cash dividend financial
"due to the special cash dividend paid by the Company"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did DKS executive Julie Lodge-Jarrett report?
Julie Lodge-Jarrett reported exercising stock options for 4,140 shares, selling 4,140 shares in open-market transactions, and making a bona fide gift of 150 shares. These moves shifted her holdings but largely reflect option exercise, sales, and a charitable or personal transfer.
What stock option exercise did Julie Lodge-Jarrett report for DKS?
She exercised a stock option covering 4,140 DKS common shares at an exercise price of $12.82 per share. The derivative entry shows the related stock option position reduced to zero, indicating these particular options were fully exercised in this transaction.
What does the bona fide gift in the DKS Form 4 mean?
The Form 4 shows a G-code transaction, described as a bona fide gift of 150 DKS shares at zero price. This indicates a non-market transfer, typically to another person or entity, rather than a sale, and does not generate sale proceeds for the reporting person.
Were any derivative securities remaining after Julie Lodge-Jarrett’s DKS option exercise?
The filing’s derivative entry shows the stock option tied to 4,140 DKS shares with an exercise price of $12.82 now has zero shares following the transaction. The derivative summary is empty, indicating no remaining derivative position from this specific option grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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