Overbrook235 LLC (DKS) discloses 15.39% trust-held stake in Dick's

Rhea-AI Filing Summary

Overbrook235 LLC, a Wyoming private family trust company, filed a Schedule 13D reporting beneficial ownership of 12,056,390 shares of Dick's Sporting Goods common stock on an as-converted basis, representing 15.39% of the outstanding common stock.

The position is held as trustee for several family trusts, giving Overbrook235 LLC sole voting power over 90,393 shares of common stock and 8,961,222 shares of Class B common stock, and sole dispositive power over 90,393 shares of common stock and 11,965,997 shares of Class B common stock. Effective March 12, 2026, Overbrook235 LLC became trustee for these trusts but has no pecuniary interest in the shares and no ability to control future stock contributions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

Dick's Sporting Goods, Inc.

(Name of Issuer)

Common stock, par value $0.01 per share

(Title of Class of Securities)

Overbrook235 LLC
255 Buffalo Way, PO Box 1905,
Jackson, WY, 83001
(307) 203-1654

Jennifer Minter & Adam G.Wicks
Buchanan Ingersoll & Rooney PC, 501 Grant Street, Ste 200
Pittsburgh, PA, 15219
(412) 562-8800

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

03/12/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP Number(s):

1

Name of reporting person

Overbrook235 LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

WYOMING

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 9,051,615.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 12,056,390.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

12,056,390.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

15.39 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Row 7: Includes 8,961,222 shares of Class B common stock and 90,393 shares of common stock held in three trusts: the Edward W Stack Irrev Trust U/A DTD 1/21/2020; the Edward W Stack Non-Grantor Trust U/A Dated 10/5/2020; and the Ardsley Trust U/A DTD 7/17/2024 (collectively, the "Stack Trusts"). Overbrook235 LLC serves as Trustee of the Stack Trusts and maintains sole voting power over the shares held thereby. Each share of Class B common stock is convertible into a share of common stock at any time at the option of the holder. The Class B common stock is also automatically convertible into common stock under certain circumstances. Holders of Class B common stock are entitled to ten votes for each share of Class B common stock held of record on all matters submitted to a vote of stockholders, including election of directors. For a full description of the rights of the Class B common stock see "Description of Capital Stock" in Dick's Sporting Goods, Inc.'s Registration Statement, as amended, on Form S-1 (File No. 333-96587). Overbrook235 LLC has no pecuniary interest in any of the shares held by the Trusts. Row 9: Includes 11,965,997 shares of Class B common stock and 90,393 shares of common stock held in the Stack Trusts as well as the Denise Stack Non Exempt Descendants Trust (collectively with the Stack Trusts, the "Trusts"). As Trustee of the Trusts, Overbrook235 LLC maintains sole dispositive power over the shares held thereby. Row 13: Based on 66,398,273 shares of common stock issued and outstanding as of November 28, 2025, as set forth in the Issuer's Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on December 5, 2025.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common stock, par value $0.01 per share
(b)	Name of Issuer: Dick's Sporting Goods, Inc.
(c)	Address of Issuer's Principal Executive Offices: 345 Court Street, Coraopolis, PENNSYLVANIA , 15108.
Item 1 Comment: This statement on Schedule 13D (this "Schedule") relates to shares of common stock, $0.01 par value per share (the "common stock") and Class B common stock $0.01 par value per share (the "Class B common stock"), of Dick's Sporting Goods, Inc., a Delaware corporation (the "Issuer"). The address and principal office of the Issuer is 345 Court Street, Coraopolis, PA 15108.
Item 2.	Identity and Background
(a)	This Schedule 13D is being filed by Overbrook235 LLC. Overbrook235 LLC is a Wyoming limited liability company.
(b)	The address for Overbrook235 LLC is 255 Buffalo Way, PO Box 1905, Jackson, WY 83001. The sole member of Overbrook235 LLC is Overbrook235 Purpose Trust, a trust established under the laws of the State of Wyoming. The business of Overbrook235 LLC is to serve as a private family trust company, and to act as a fiduciary for various trusts that have been or will be created for the ultimate benefit of certain designated beneficiaries.
(c)	The address for Overbrook235 LLC is 255 Buffalo Way, PO Box 1905, Jackson, WY 83001. The sole member of Overbrook235 LLC is Overbrook235 Purpose Trust, a trust established under the laws of the State of Wyoming. The business of Overbrook235 LLC is to serve as a private family trust company, and to act as a fiduciary for various trusts that have been or will be created for the ultimate benefit of certain designated beneficiaries.
(d)	During the past five years, Overbrook235 LLC has not (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was, or is, subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding any violation with respect to such laws.
(e)	During the past five years, Overbrook235 LLC has not (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was, or is, subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding any violation with respect to such laws.
(f)	N/A
Item 3.	Source and Amount of Funds or Other Consideration
	The shares of common stock and Class B common stock covered by this filing for Overbrook235 LLC include shares purchased in the open market or by private acquisition from time to time by each of the Denise Stack Non Exempt Descendants Trust, the Edward W Stack Irrev Trust U/A DTD 1/21/2020, the Edward W Stack Non-Grantor Trust U/A Dated 10/5/2020 and the Ardsley Trust U/A DTD 7/17/2024 (collectively, the "Trusts") for which Overbrook235 LLC serves as trustee, shares acquired from the Issuer pursuant to stock splits, and shares transferred to the Trusts by the settlors of such Trusts (see Item 4 for additional discussion).
Item 4.	Purpose of Transaction
	Overbrook235 LLC does not have any plans or proposals that relate to or would result in any of the matters listed in Item 4 of Schedule 13D except that, from time to time, additional shares of common stock or Class B common stock may be acquired or disposed of by each of the Trusts, over which Overbrook235 LLC has voting and/or dispositive power as trustee, but holds no pecuniary interests. Overbrook235 LLC has no ability to control additional contributions of common stock or Class B Common Stock into the Trusts.
Item 5.	Interest in Securities of the Issuer
(a)	Overbrook235 LLC has the sole voting power over 90,393 shares of common stock (0.14% of the outstanding common stock) and 8,961,222 shares of Class B common stock (11.89% of the outstanding common stock on an as-converted basis). Overbrook235 LLC has the sole dispositive power over 90,393 shares of common stock (0.14% of the outstanding common stock) and 11,965,997 shares of Class B common stock (15.27% of the outstanding common stock on an as-converted basis). In the aggregate, Overbrook235 LLC has beneficial ownership of 12,056,390 shares (or 15.39% of the outstanding common stock on an as-converted basis). The above calculations are based upon the number of outstanding shares of common stock reported in the Issuer's Quarterly Report on Form 10 Q filed on December 5, 2025.
(b)	Overbrook235 LLC has the sole voting power over 90,393 shares of common stock (0.14% of the outstanding common stock) and 8,961,222 shares of Class B common stock (11.89% of the outstanding common stock on an as-converted basis). Overbrook235 LLC has the sole dispositive power over 90,393 shares of common stock (0.14% of the outstanding common stock) and 11,965,997 shares of Class B common stock (15.27% of the outstanding common stock on an as-converted basis). In the aggregate, Overbrook235 LLC has beneficial ownership of 12,056,390 shares (or 15.39% of the outstanding common stock on an as-converted basis). The above calculations are based upon the number of outstanding shares of common stock reported in the Issuer's Quarterly Report on Form 10 Q filed on December 5, 2025.
(c)	Effective March 12, 2026, the trustee for each of the Trusts was changed to Overbrook235 LLC. Pursuant to the terms of the operating agreement governing Overbrook235 LLC, two individual managers who serve on the investment committee of Overbrook235 LLC have joint authority over Overbrook235 LLC with respect to voting and/or dispositive decisions for Issuer shares held by the Trusts. Overbrook235 LLC has no pecuniary interest in the shares of Issuer common stock and Class B common stock held in the Trusts, and no ability to control future contributions of common stock or Class B common stock into the Trusts.
(d)	N/A
(e)	N/A
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	The information set forth in Items 3, 4 and 5 is incorporated by reference to this Item 6. Pursuant to the terms of a Memorandum of Understanding dated March 2, 2009 and Voting Agreement and Proxy dated October 13, 2009 ("Voting Agreement"), the voting power, but not dispositive power, with respect to 3,004,775 shares held by the Denise Stack Non Exempt Descendants Trust is controlled by a party to the Voting Agreement, rather than by Overbrook235 LLC as trustee. Except as otherwise described in this Schedule 13D, Overbrook235 LLC does not have any contracts, arrangements, understandings or relationships (legal or otherwise) with any persons with respect to any securities of the Issuer, including but not limited to the transfer or voting of any securities, finder's fees, joint ventures, loan or option agreements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Overbrook235 LLC

Signature:	/s/ Stewart McIver
Name/Title:	Stewart McIver, Secretary
Date:	03/13/2026

FAQ

What stake in Dick's Sporting Goods (DKS) does Overbrook235 LLC report?

Overbrook235 LLC reports beneficial ownership of 12,056,390 shares of Dick's Sporting Goods, equal to 15.39% of the outstanding common stock on an as-converted basis. These shares are held as trustee for several family trusts.

How much voting and dispositive power does Overbrook235 LLC have over DKS shares?

Overbrook235 LLC has sole voting power over 90,393 common and 8,961,222 Class B shares, and sole dispositive power over 90,393 common and 11,965,997 Class B shares, all held in family trusts for which it serves as trustee.

What change triggered this Schedule 13D filing for Dick's Sporting Goods (DKS)?

Effective March 12, 2026, Overbrook235 LLC became trustee for the family trusts holding Dick's Sporting Goods shares. This change in trustee, and resulting voting and dispositive authority, required updating the beneficial ownership disclosure on Schedule 13D.

Does Overbrook235 LLC have an economic interest in the DKS shares it reports?

Overbrook235 LLC states it has no pecuniary interest in the Dick's Sporting Goods common and Class B common shares held in the trusts. It acts solely as trustee with voting and/or dispositive authority for the benefit of designated trust beneficiaries.

How is the 15.39% ownership in DKS calculated for Overbrook235 LLC?

The 15.39% figure is based on 66,398,273 Dick's Sporting Goods common shares reported outstanding as of November 28, 2025, in the company’s Form 10-Q filed December 5, 2025, and treats the Class B common stock on an as-converted basis.

What rights attach to Dick's Sporting Goods Class B common stock held by the trusts?

Each DKS Class B common share is convertible into one common share and carries ten votes per share on all stockholder matters. The Class B stock also converts automatically under certain circumstances, as described in the company’s Form S-1 capital stock description.

Are any DKS trust shares subject to separate voting arrangements?

Yes. A Memorandum of Understanding and Voting Agreement give another party voting power, but not dispositive power, over 3,004,775 shares held by the Denise Stack Non Exempt Descendants Trust. Overbrook235 LLC remains trustee but does not control voting for those shares.