Ollie’s (NASDAQ: OLLI) SVP, General Counsel reports RSU vesting and tax-share surrender
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings, Inc. senior vice president and general counsel James J. Comitale reported the vesting of restricted stock units and related tax withholding. On March 25, 2026, 1,085 RSUs converted into the same number of common shares at no exercise price. Of these, 479 shares were relinquished back to the company at a fair market value of $91.01 per share to cover federal and state tax withholding obligations, leaving a net increase in directly held shares. Following these transactions, he directly owned 3,985 common shares. Footnotes state that the original grant was 4,339 RSUs vesting in 25% annual installments starting March 25, 2022, and that as of March 25, 2026, all such RSUs are fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,085 shares exercised/converted
Mixed
3 txns
Insider
Comitale James J
Role
SVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,085 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 1,085 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 479 | $91.01 | $44K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, par value $0.001 per share — 4,464 shares (Direct)
Footnotes (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 25, 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 25, 2022, subject to continued service through each applicable vesting date. The reporting person was granted 4,339 RSUs, and as of March 25, 2026, all of such RSUs are vested in their entirety.