Ollie’s EVP/CFO reports RSU vesting, option exercise and sale
Rhea-AI Filing Summary
Ollie’s Bargain Outlet (OLLI) EVP/CFO reported routine equity transactions on 10/17/2025. A restricted stock award vested, converting 1,504 RSUs to common stock (code M), followed by share withholding for taxes of 769 shares at $124.56 (code F). The officer also exercised 1,493 options at $54.01 (code M) and sold 1,493 shares at $122.92 (code S) pursuant to a Rule 10b5‑1 trading plan adopted on December 19, 2024.
Direct holdings after the reported transactions were 4,008 shares. The filing notes RSUs granted on October 17, 2022 vest in four annual tranches (1,504 vested on 10/17/2025), and options from the same grant vest in equal annual installments (2,985 vested on 10/17/2025), each subject to continued service.
Positive
- None.
Negative
- None.
Insights
Routine Form 4: vesting, tax withholding, option exercise, planned sale.
The executive’s activity combines RSU vesting (1,504 shares), tax withholding via share surrender (769 at $124.56), an option exercise (1,493 at $54.01), and a same‑day sale of 1,493 shares at $122.92. These are standard mechanics for equity compensation and liquidity.
The sale was executed under a Rule 10b5‑1 plan adopted on December 19, 2024, which pre‑sets trades to align with SEC safe‑harbor conditions. Direct holdings after these transactions were 4,008 shares; RSU and option vesting schedules continue per the grant terms.
Given the administrative nature and pre‑planned sale, this is typically neutral for the equity narrative; actual market impact depends on broader trading and future disclosures.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,504 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 1,493 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 1,504 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 769 | $124.56 | $96K |
| Exercise | Common Stock, par value $0.001 per share | 1,493 | $54.01 | $81K |
| Sale | Common Stock, par value $0.001 per share | 1,493 | $122.92 | $184K |
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 October 17, 2025. Transactions made pursuant to an agreement adopted by the reporting person during an open trading window on December 19, 2024, and disclosed in the issuer's Form 10-K filed on March 26, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The price reported in column 4 is the price at which these shares were sold in a single transaction. Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting. The RSUs granted to the reporting person vest in 25% installments on each anniversary date of the grant, October 17, 2022, subject to continued service through each applicable vesting date. The reporting person was granted 6,017 RSUs, of which 1,504 vested on October 17, 2023; 1,505 vested on October 17, 2024; 1,504 vested on October 17, 2025; and 1,504 vest on October 17, 2026. Options vest and become exercisable in 25% installments on each anniversary date of the grant, October 17, 2022, subject to continued service through each applicable vesting date. The reporting person was granted 11,940 options, of which 2,985 vested on October 17, 2023; 2,985 vested on October 17, 2024; 2,985 vested on October 17, 2025; and 2,985 vest on October 17, 2026.
FAQ
What did OLLI’s CFO report on Form 4 dated 10/17/2025?
What were the prices tied to the OLLI transactions on 10/17/2025?
What is the vesting schedule for the OLLI RSUs granted on 10/17/2022?
What is the vesting schedule for the OLLI stock options granted on 10/17/2022?