Ollie’s Bargain Outlet (OLLI) chair gets 5,894 shares, 2,564 withheld for taxes
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings, Inc. Executive Chairman John W. Swygert reported routine equity compensation activity. On April 1, 5,894 Restricted Stock Units vested and converted into an equal number of common shares, increasing his direct holdings.
To cover taxes from this vesting, 2,564 common shares were withheld and cancelled at a fair market value of $91.24 per share, under an exempt tax-withholding transaction. After these events, he directly owns 51,530 common shares. The original RSU grant was 23,575 units vesting in four annual installments from April 1, 2025 through April 1, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,330 shares
Net Buy
3 txns
Insider
SWYGERT JOHN W
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,894 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share | 5,894 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share | 2,564 | $91.24 | $234K |
Holdings After Transaction:
Restricted Stock Units — 11,787 shares (Direct);
Common Stock, par value $0.001 per share — 51,530 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 April 1, 2026.
- F5. Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.
- F6. RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2024, subject to continued service through each applicable vesting date. The reporting person was granted 23,575 RSUs, of which 5,894 vested on April 1, 2025; 5,894 vested on April 1, 2026; 5,893 vest on April 1, 2027; and 5,894 vest on April 1, 2028.
Key Figures
RSUs vested: 5,894 units
Shares withheld for taxes: 2,564 shares
Tax withholding share price: $91.24 per share
+4 more
7 metrics
RSUs vested
5,894 units
Converted into common stock on April 1, 2026
Shares withheld for taxes
2,564 shares
Relinquished and cancelled to cover tax from RSU vesting
Tax withholding share price
$91.24 per share
Fair market value based on April 1, 2026 closing price
Shares owned after transactions
51,530 shares
Direct common stock holdings following April 1, 2026 events
Original RSU grant
23,575 RSUs
Grant vesting annually from April 1, 2025 through April 1, 2028
Future RSU vesting 2027
5,893 RSUs
Scheduled to vest on April 1, 2027, subject to continued service
Future RSU vesting 2028
5,894 RSUs
Scheduled to vest on April 1, 2028, subject to continued service
Key Terms
Restricted Stock Units, RSUs, Section 16b-3(e), fair market value, +1 more
5 terms
Restricted Stock Units financial
"Represents the conversion upon vesting of a restricted stock award into common stock ("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.
Section 16b-3(e) regulatory
"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..."
fair market value financial
"The price reported in column 4 is equivalent to the fair market value based on the closing market price as of April 1, 2026."
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.
contingent right financial
"Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did OLLI Executive Chairman John Swygert report?
John Swygert reported RSU vesting into common stock and related tax withholding. On April 1, 5,894 Restricted Stock Units converted into common shares, and 2,564 shares were withheld and cancelled to satisfy tax obligations tied to this vesting event.
What is the vesting schedule of John Swygert’s OLLI RSU grant?
Swygert was granted 23,575 RSUs vesting in 25% installments on each April 1 anniversary from 2025 to 2028. 5,894 vested on April 1, 2025; 5,894 on April 1, 2026; 5,893 vest on April 1, 2027; and 5,894 on April 1, 2028.