Ollie’s chair gains 5,894 shares from RSU vesting
Ollie's Bargain Outlet Holdings, Inc. Executive Chairman John W. Swygert reported routine equity compensation activity.
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
| 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 |
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
Key Terms
Restricted Stock Units financial
RSUs financial
Section 16b-3(e) regulatory
fair market value financial
contingent right financial
FAQ
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