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Ollie’s (OLLI) director Hendrickson reports RSU vesting and new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
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Learn about SEC filing dates
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*
HENDRICKSON THOMAS

(Last)(First)(Middle)
C/O 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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
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 share04/01/2026M(1)1,091A$0(2)1,091(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(4)04/01/2026M(1)1,091 (5) (5)Common Stock1,091$00D
Restricted Stock Units(4)04/01/2026A1,644 (6) (6)Common Stock1,644$01,644D
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. 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.
4. Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.
5. The RSUs granted on April 1, 2025 vested in their entirety on April 1, 2026.
6. The RSUs granted on April 1, 2026 will vest in their entirety on April 1, 2027.
Remarks:
/s/ James J. Comitale as Attorney-In-Fact04/03/2026
** 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 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.

How many Ollie’s (OLLI) shares did Hendrickson acquire through RSU vesting?

He acquired 1,091 shares of Ollie’s common stock when an equal number of restricted stock units vested. These units converted on a one-for-one basis at an exercise price of $0.00 per share, reflecting compensation rather than a cash purchase in the market.

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.