Ollie’s COO Zender vests 758 RSUs, withholds shares
Ollie's Bargain Outlet EVP & COO Christopher Zender reported equity award activity on July 29, 2026.
Rhea-AI Filing Summary
Ollie's Bargain Outlet EVP & COO Christopher Zender reported equity award activity on July 29, 2026. 758 restricted stock units (RSUs) vested and converted into 758 shares of common stock on a one-for-one basis. To satisfy federal and state tax withholding obligations from this vesting, 338 shares were relinquished and cancelled at $71.37 per share in an exempt Section 16b-3(e) transaction, leaving 420 shares from this vesting. The original award covered 3,032 RSUs, vesting in four equal annual installments of 758 RSUs each from 2025 through 2028, with 1,516 RSUs remaining unvested after this tranche.
Positive
- None.
Negative
- None.
Insider Trade Summary
758 shares exercised/converted
Exercise
3 txns
Insider
Zender Christopher
Role
EVP, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F5, F1, F6 | 758 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share F1, F2 | 758 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share F3, F4 | 338 | $71.37 | $24K |
Holdings After Transaction:
Restricted Stock Units — 1,516 contracts (Direct);
Common Stock, par value $0.001 per share — 1,264 shares (Direct)
Footnotes (6)
- F1. Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").
- F2. Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.
- F3. 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.
- F4. The price reported in column 4 is equivalent to the fair market value based on the closing market price as of July 29, 2026.
- F5. Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.
- F6. The RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, July 29, 2024, subject to continued service through each applicable vesting date. The reporting person was granted 3,032 RSUs, of which 758 vested on July 29, 2025; 758 vested on July 29, 2026; 758 vest on July 29, 2027; and 758 vest on July 29, 2028.
Key Figures
RSUs vested and converted: 758 RSUs
Common shares from RSU vesting: 758 shares
Shares withheld for taxes: 338 shares
+3 more
6 metrics
RSUs vested and converted
758 RSUs
Restricted Stock Units vested and converted into common stock on July 29, 2026
Common shares from RSU vesting
758 shares
Shares of common stock received upon RSU conversion on July 29, 2026
Shares withheld for taxes
338 shares
Shares relinquished and cancelled to cover tax obligations from RSU vesting
Tax withholding price
$71.37 per share
Fair market value based on closing market price as of July 29, 2026
Original RSU grant size
3,032 RSUs
Total RSUs granted to the reporting person under this award
Unvested RSUs after transaction
1,516 RSUs
RSUs remaining scheduled to vest in 2027 and 2028 after the 2026 vesting
Key Terms
Restricted Stock Units, Section 16b-3(e), Rule 16b-3, fair market value
4 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.
Section 16b-3(e) regulatory
"Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability"
Rule 16b-3 regulatory
"security issued in accordance with Rule 16b-3."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
fair market value financial
"The price reported in column 4 is equivalent to the fair market value based on the closing market price"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Christopher Zender report for OLLI on July 29, 2026?
Christopher Zender reported 758 RSUs vesting and converting into 758 shares of Ollie's common stock. Of these, 338 shares were withheld and cancelled to cover tax obligations in an exempt Section 16b-3(e) transaction, with the remainder from this vesting retained.
How many Ollie’s Bargain Outlet (OLLI) RSUs has Christopher Zender received under this award?
The equity award granted Christopher Zender a total of 3,032 RSUs. According to the vesting schedule, 758 RSUs vested on July 29, 2025, another 758 on July 29, 2026, and two further tranches of 758 each are scheduled for 2027 and 2028.
What is the remaining unvested RSU balance for Christopher Zender’s OLLI award?
After the July 29, 2026 vesting, 1,516 RSUs remain unvested under Christopher Zender’s 3,032-unit award. These remaining RSUs are scheduled to vest in two installments of 758 RSUs each on July 29, 2027 and July 29, 2028, subject to continued service.
Were Christopher Zender’s July 29, 2026 OLLI transactions open-market stock sales?
No. The activity reflects RSU vesting into common stock and share withholding to pay tax obligations. The 338 shares reported as disposed were cancelled by the issuer in an exempt Section 16b-3(e) transaction, rather than sold in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
