Ollie's (NASDAQ: OLLI) chair sells 5,231 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings, Inc. Executive Chairman John W. Swygert executed an open-market sale of 5,231 shares of common stock on March 31, 2026 at a weighted average price of $92.09 per share, in multiple trades between $91.01 and $92.68.
The transaction was made under a pre-arranged trading agreement adopted during an open window on June 23, 2025 pursuant to Rule 10b5-1. Following this sale, Swygert directly holds 48,200 shares of Ollie’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,231 shares ($481,723)
Net Sell
1 txn
Insider
SWYGERT JOHN W
Role
Executive Chairman
Sold
5,231 shs ($482K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 5,231 | $92.09 | $482K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 48,200 shares (Direct)
Footnotes (1)
- Transaction made pursuant to an agreement adopted by the reporting person during an open trading window on June 23, 2025, and disclosed in the issuer's Form 10-Q filed on September 3, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.01-92.68, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 5,231 shares
Weighted average sale price: $92.09 per share
Price range of trades: $91.01–$92.68 per share
+1 more
4 metrics
Shares sold
5,231 shares
Open-market sale on March 31, 2026
Weighted average sale price
$92.09 per share
Common stock sale on March 31, 2026
Price range of trades
$91.01–$92.68 per share
Multiple transactions included in reported sale
Shares held after transaction
48,200 shares
Direct ownership following March 31, 2026 sale
Key Terms
Rule 10b5-1, weighted average price, open-market sale, Form 10-Q
4 terms
Rule 10b5-1 regulatory
"in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 10-Q regulatory
"disclosed in the issuer's Form 10-Q filed on September 3, 2025"
A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.
FAQ
What insider transaction did OLLI report for Executive Chairman John W. Swygert?
John W. Swygert reported selling 5,231 shares of Ollie’s common stock in an open-market transaction. The sale occurred on March 31, 2026, and involved multiple trades at prices between $91.01 and $92.68 per share, using a weighted average price.
What does the weighted average price disclosure mean in the OLLI Form 4?
The weighted average price of $92.09 reflects multiple individual trades executed between $91.01 and $92.68 per share. The footnote explains the insider will provide detailed trade information upon request to the company, shareholders, or SEC staff.