Ollie’s (NASDAQ: OLLI) director Abid Rizvi logs RSU vesting and fresh 1,644-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ollie's Bargain Outlet director Abid Rizvi reported routine equity compensation activity. On April 1, 2026, 1,091 Restricted Stock Units vested and converted into 1,091 shares of common stock on a one-for-one basis.
On the same date, Rizvi received a new grant of 1,644 RSUs, which will vest in full on April 1, 2027. Following these transactions, he directly owns 5,273 shares of common stock and 1,644 RSUs. All transactions reflect awards and conversions, not open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,091 shares exercised/converted
Mixed
3 txns
Insider
Rizvi Abid
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 — 5,273 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. 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 and converted: 1,091 units/shares
New RSU grant: 1,644 units
Common stock held after transactions: 5,273 shares
+2 more
5 metrics
RSUs vested and converted
1,091 units/shares
RSUs granted April 1, 2025 vested April 1, 2026
New RSU grant
1,644 units
Granted April 1, 2026; vesting April 1, 2027
Common stock held after transactions
5,273 shares
Direct ownership following April 1, 2026 conversions
RSUs held after transactions
1,644 units
Outstanding contingent rights to common stock after April 1, 2026
RSU-to-stock conversion ratio
1:1
Each RSU converts into one share of common stock at vesting
Key Terms
Restricted Stock Units, RSUs, Common Stock, contingent right, +1 more
5 terms
Restricted Stock Units financial
"Represents the conversion upon vesting of a restricted stock award into common stock"
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.
RSUs financial
"Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Common Stock financial
"convert into common stock ("Common Stock")"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
contingent right financial
"Each of the RSUs represents a contingent right to receive one share"
vest financial
"The RSUs granted on April 1, 2026 will vest in their entirety on April 1, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transactions did Abid Rizvi report at Ollie's Bargain Outlet (OLLI)?
Abid Rizvi reported the vesting and conversion of 1,091 RSUs into common stock and a new grant of 1,644 RSUs. These events reflect equity compensation, not open-market buying or selling of OLLI shares.
What happened to the 1,091 Restricted Stock Units in Abid Rizvi’s OLLI filing?
On April 1, 2026, 1,091 RSUs vested and converted into 1,091 shares of Ollie’s common stock on a one-for-one basis. This reflects the settlement of previously granted equity awards rather than a market purchase.
What new equity award did Abid Rizvi receive from Ollie's Bargain Outlet (OLLI)?
On April 1, 2026, Abid Rizvi received a new grant of 1,644 Restricted Stock Units. Each RSU represents a contingent right to receive one share of common stock when the award vests on April 1, 2027.
When do Abid Rizvi’s Ollie's Bargain Outlet (OLLI) RSU awards vest?
The RSUs granted on April 1, 2025 vested in full on April 1, 2026, converting into common stock. The RSUs granted on April 1, 2026 are scheduled to vest in their entirety on April 1, 2027.
Are Abid Rizvi’s reported OLLI transactions open-market trades?
No. The Form 4 shows a derivative exercise/conversion of 1,091 RSUs into common stock and a grant of 1,644 RSUs. These are compensation-related equity events, not open-market purchases or sales of OLLI shares.