Ollie’s (OLLI) director Hendrickson reports RSU vesting and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings director Thomas Hendrickson reported routine equity compensation activity. On April 1, 2026, 1,091 restricted stock units vested and converted into 1,091 shares of common stock at no exercise price, reflecting previously granted awards.
On the same date, he received a new grant of 1,644 restricted stock units, each representing a contingent right to one share of common stock at vesting. After these transactions, he holds 1,091 common shares and 1,644 RSUs directly, plus an indirect interest via a trust in 7,343 securities as noted in prior filings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,091 shares exercised/converted
Mixed
3 txns
Insider
HENDRICKSON THOMAS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,091 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,644 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 1,091 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, par value $0.001 per share — 1,091 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. Before and after the transactions reported in this Form 4, the reporting person also has an indirect ownership interest, via a trust, of 7,343 securities, as reported in a Form 4 filed on April 21, 2025. Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting. The RSUs granted on April 1, 2025 vested in their entirety on April 1, 2026. The RSUs granted on April 1, 2026 will vest in their entirety on April 1, 2027.
Key Figures
RSUs vested: 1,091 units
Common shares acquired: 1,091 shares
New RSU grant: 1,644 units
+5 more
8 metrics
RSUs vested
1,091 units
Converted into 1,091 common shares on April 1, 2026
Common shares acquired
1,091 shares
Received upon RSU vesting at $0.00 per share
New RSU grant
1,644 units
Granted April 1, 2026, one-for-one into common stock
Direct RSU holdings after grant
1,644 units
Total restricted stock units directly held after transactions
Direct common shares after vesting
1,091 shares
Total common stock directly held following conversion
Indirect trust holdings
7,343 securities
Indirect interest via a trust before and after transactions
RSU exercise price
$0.00 per share
Conversion of vested RSUs into common stock
RSU vesting date
April 1, 2027
Vesting date for RSUs granted April 1, 2026
Key Terms
Restricted Stock Units, contingent right, indirect ownership interest, vested in their entirety, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting."
indirect ownership interest financial
"the reporting person also has an indirect ownership interest, via a trust, of 7,343 securities"
vested in their entirety financial
"The RSUs granted on April 1, 2025 vested in their entirety on April 1, 2026."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did OLLI director Thomas Hendrickson report?
Thomas Hendrickson reported routine equity compensation activity, not open-market trading. 1,091 previously granted restricted stock units vested into 1,091 common shares, and he received a new grant of 1,644 RSUs that will convert into common stock upon future vesting.
What new restricted stock units did Hendrickson receive from OLLI?
He received a grant of 1,644 restricted stock units, each representing a contingent right to one share of common stock. According to the disclosure, these RSUs granted on April 1, 2026 will vest in full on April 1, 2027 if the standard vesting conditions are satisfied.
Does Hendrickson have other indirect holdings in Ollie’s (OLLI) stock?
Yes. The footnotes state that before and after these transactions he also has an indirect ownership interest, via a trust, of 7,343 securities. Those trust holdings are separate from the 1,091 directly held common shares and the 1,644 newly granted restricted stock units.
Were Hendrickson’s OLLI transactions open-market buys or sells?
No. The transactions involve vesting and conversion of restricted stock units and a new RSU grant. The vesting converted 1,091 RSUs into 1,091 common shares at $0.00, and 1,644 RSUs were awarded as compensation, so no open-market buying or selling occurred.
When do Hendrickson’s Ollie’s (OLLI) restricted stock units vest?
RSUs granted on April 1, 2025 vested in full on April 1, 2026, converting into 1,091 common shares. The newly granted RSUs dated April 1, 2026 are scheduled to vest in their entirety on April 1, 2027, subject to the usual vesting conditions described for such awards.