Ollie's (OLLI) Insider: John Swygert Exercises Options, Sells 107,058 Shares

Rhea-AI Filing Summary

Ollie's Bargain Outlet Holdings, Inc. (OLLI) Executive Chairman John W. Swygert reported multiple transactions on 09/22/2025 under a Rule 10b5-1 plan adopted June 23, 2025. He exercised three tranches of employee stock options covering 25,070 shares at $79.89, 54,915 shares at $60.30, and 27,073 shares at $86.03, and subsequently sold 107,058 shares at a weighted average price of $132.87. After these transactions, he beneficially owned 155,258 shares in total, reported as direct ownership.

The filing discloses that some option grants had fully vested by their stated dates and that sale prices ranged from $131.35 to $136.16; the reporting person will provide detailed per-transaction prices upon request.

Positive

• Transactions executed under a Rule 10b5-1 plan, which provides a pre-established framework for insider trades
• Options had fully vested prior to exercise, indicating no acceleration or special vesting treatment

Negative

• Substantial sale of 107,058 shares by the Executive Chairman, which may be perceived negatively by some investors
• Weighted average sale price disclosed without per-trade breakdown; per-transaction prices are only available upon request

Insights

Financial Analyst

TL;DR: Executive exercised vested options and sold a sizable block under a 10b5-1 plan; ownership remains material.

The filing shows conversion of vested employee options into common stock and a significant open-market sale of 107,058 shares at a weighted average of $132.87. These actions were executed pursuant to a pre-established Rule 10b5-1 plan adopted June 23, 2025, which reduces concerns about opportunistic timing. Post-transaction beneficial ownership is 155,258 shares direct, indicating continued alignment with shareholders despite the sale. The filing provides a weighted average sale price and a price range; detailed per-trade prices are available on request.

Corporate Governance Expert

TL;DR: Insider sales by the Executive Chairman are material for governance scrutiny, though executed under a documented 10b5-1 plan.

The report documents substantial option exercises followed by market sales totaling 107,058 shares at an indicated weighted average of $132.87. Because the reporting person is Executive Chairman, these transactions are governance-relevant and warrant attention from investors and the board. The presence of a 10b5-1 plan provides procedural defensibility, but the magnitude of disposition relative to prior holdings is significant and should be noted in any assessment of insider liquidity or signaling.

Insider Trade Summary

Net Seller: 107,058 shares ($14,224,796)

Net Sell 7 txns

Insider SWYGERT JOHN W

Role Executive Chairman

Sold 107,058 shs ($14.22M)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (right to buy)	25,070	$0.00	--
Exercise	Employee Stock Option (right to buy)	54,915	$0.00	--
Exercise	Employee Stock Option (right to buy)	27,073	$0.00	--
Exercise	Common Stock, par value $0.001 per share	25,070	$79.89	$2.00M
Exercise	Common Stock, par value $0.001 per share	54,915	$60.30	$3.31M
Exercise	Common Stock, par value $0.001 per share	27,073	$86.03	$2.33M
Sale	Common Stock, par value $0.001 per share	107,058	$132.87	$14.22M

Holdings After Transaction: Employee Stock Option (right to buy) — 0 shares (Direct); Common Stock, par value $0.001 per share — 73,270 shares (Direct)

Footnotes (1)

1. Transactions made pursuant to an agreement adopted on June 23, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.35-136.16, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Options vest and become exercisable in 25% installments on each anniversary date of the grant, March 20, 2019, subject to continued service through each applicable vesting date. The options vested in their entirety on March 20, 2023. Options vest and become exercisable in 25% installments on each anniversary date of the grant, December 10, 2019, subject to continued service through each applicable vesting date. The options vested in their entirety on December 10, 2023. Options vest and become exercisable in 25% installments on each anniversary date of the grant, March 22, 2021, subject to continued service through each applicable vesting date. The options vested in their entirely on March 22, 2025.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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).

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 PA 17112

(City) (State) (Zip)

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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001 per share	09/22/2025		M(1)		25,070	A	$79.89	73,270	D
Common Stock, par value $0.001 per share	09/22/2025		M(1)		54,915	A	$60.3	128,185	D
Common Stock, par value $0.001 per share	09/22/2025		M(1)		27,073	A	$86.03	155,258	D
Common Stock, par value $0.001 per share	09/22/2025		S(1)		107,058	D	$132.87(2)	48,200	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$79.89	09/22/2025		M(1)			25,070	(3)	03/20/2029	Common Stock	25,070	$0	0	D
Employee Stock Option (right to buy)	$60.3	09/22/2025		M(1)			54,915	(4)	12/10/2029	Common Stock	54,915	$0	0	D
Employee Stock Option (right to buy)	$86.03	09/22/2025		M(1)			27,073	(5)	03/22/2031	Common Stock	27,073	$0	20,000	D

Explanation of Responses:

1. Transactions made pursuant to an agreement adopted on June 23, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.35-136.16, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. Options vest and become exercisable in 25% installments on each anniversary date of the grant, March 20, 2019, subject to continued service through each applicable vesting date. The options vested in their entirety on March 20, 2023.

4. Options vest and become exercisable in 25% installments on each anniversary date of the grant, December 10, 2019, subject to continued service through each applicable vesting date. The options vested in their entirety on December 10, 2023.

5. Options vest and become exercisable in 25% installments on each anniversary date of the grant, March 22, 2021, subject to continued service through each applicable vesting date. The options vested in their entirely on March 22, 2025.

Remarks:

	/s/ James J. Comitale as Attorney-In-Fact	09/24/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did OLLI Executive Chairman John W. Swygert report on Form 4?

He exercised vested options and sold shares on 09/22/2025: three option exercises (25,070; 54,915; 27,073 shares) and a sale of 107,058 shares at a weighted average price of $132.87.

Were these trades part of a pre-arranged plan for OLLI insider trading?

Yes. The transactions were made pursuant to a Rule 10b5-1 agreement adopted on June 23, 2025, as stated in the filing.

How many OLLI shares does the reporting person own after these transactions?

155,258 shares beneficially owned (direct) following the reported transactions.

What price range were the sold OLLI shares executed at?

Shares were sold in multiple transactions at prices ranging from $131.35 to $136.16; the filing reports a weighted average of $132.87 and offers to provide per-trade details on request.

Do the option grants have vesting details disclosed?

Yes. The filing notes vesting schedules and that the options vested in their entirety on their respective vesting completion dates (March 20, 2023; December 10, 2023; March 22, 2025).