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Ollie’s (NASDAQ: OLLI) chair logs RSU vesting and tax share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ollie's Bargain Outlet Holdings, Inc. Executive Chairman John W. Swygert reported routine equity compensation activity. On March 23, 2026, 6,899 Restricted Stock Units vested and converted on a one-for-one basis into common stock at no exercise price. To cover federal and state tax withholding obligations from this vesting, 3,001 common shares were relinquished back to the company at a value based on the $94.45 closing market price. After these transactions, Swygert directly holds 52,098 shares of common stock. The disposition was an exempt, non–open-market tax-withholding transaction under Section 16b-3(e).

Positive

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Insider SWYGERT JOHN W
Role Executive Chairman
Type Security Shares Price Value
Exercise Restricted Stock Units 6,899 $0.00 --
Exercise Common Stock, par value $0.001 per share 6,899 $0.00 --
Tax Withholding Common Stock, par value $0.001 per share 3,001 $94.45 $283K
Holdings After Transaction: Restricted Stock Units — 6,899 shares (Direct); Common Stock, par value $0.001 per share — 55,099 shares (Direct)
Footnotes (1)
  1. Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock"). Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units. The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 23, 2026. Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting. The RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, March 23, 2023, subject to continued service through each applicable vesting date. The reporting person was granted 27,596 RSUs, of which 6,899 vested on March 23, 2024; 6,899 vested on March 23, 2025; 6,899 vested on March 23, 2026; and 6,899 vest on March 23, 2027.
SEC Form 4
FORM 4UNITED 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*
SWYGERT JOHN W

(Last)(First)(Middle)
OLLIE'S BARGAIN OUTLET HOLDINGS, INC
6295 ALLENTOWN BOULEVARD, SUITE 1

(Street)
HARRISBURG PENNSYLVANIA 17112

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Ollie's Bargain Outlet Holdings, Inc. [ OLLI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Executive Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.001 per share03/23/2026M(1)6,899A$0(2)55,099D
Common Stock, par value $0.001 per share03/23/2026F(3)3,001D$94.45(4)52,098D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(5)03/23/2026M(1)6,899 (6) (6)Common Stock6,899$06,899D
Explanation of Responses:
1. Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").
2. Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.
3. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.
4. The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 23, 2026.
5. Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.
6. The RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, March 23, 2023, subject to continued service through each applicable vesting date. The reporting person was granted 27,596 RSUs, of which 6,899 vested on March 23, 2024; 6,899 vested on March 23, 2025; 6,899 vested on March 23, 2026; and 6,899 vest on March 23, 2027.
Remarks:
/s/ James J. Comitale as Attorney-In-Fact03/25/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did OLLI Executive Chairman John Swygert report?

John Swygert reported vesting of 6,899 Restricted Stock Units that converted into common stock at no exercise price. This reflects routine equity compensation vesting rather than an open-market purchase or sale, and is tied to his ongoing service with Ollie's Bargain Outlet Holdings, Inc.

Did John Swygert sell OLLI shares in the open market in this Form 4?

No open-market sale occurred. 3,001 shares of OLLI common stock were relinquished and cancelled solely to satisfy federal and state tax withholding obligations from RSU vesting, an exempt Section 16b-3(e) transaction, not a discretionary market trade by the Executive Chairman.

At what price were the tax-withholding OLLI shares valued in this filing?

The 3,001 shares withheld for taxes were valued at $94.45 per share, which the filing specifies as the fair market value based on OLLI’s closing market price on March 23, 2026. This valuation is used to determine the tax withholding amount.

How many OLLI shares does John Swygert hold after these transactions?

Following the RSU vesting and related tax-withholding disposition, John Swygert directly holds 52,098 shares of Ollie’s Bargain Outlet common stock. This total reflects his post-transaction position after both the RSU conversion and the cancellation of shares for tax obligations.

What was the original OLLI RSU grant described in this Form 4 footnotes?

The filing notes a grant of 27,596 RSUs vesting in four equal installments of 6,899 units each year on March 23 from 2023 through 2027, subject to continued service. The reported transaction covers the tranche vesting on March 23, 2026.

How do OLLI Restricted Stock Units convert into common stock for John Swygert?

Each RSU represents a contingent right to receive one share of OLLI common stock at vesting. On March 23, 2026, 6,899 RSUs vested and converted one-for-one into 6,899 common shares, as outlined in the Form 4 footnotes describing the award terms.
Ollies Bargain

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