OLLI SVP Kraus gets RSUs, options and shares
Ollie's Bargain Outlet Holdings, Inc. senior vice president and CIO Larry Kraus reported routine equity compensation activity.
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings, Inc. senior vice president and CIO Larry Kraus reported routine equity compensation activity. On April 1, 2026, 758 and 491 previously granted restricted stock units vested and converted into the same number of common shares, with 335 and 217 shares withheld to cover tax obligations at a fair market value of $91.24 per share.
On the same date, Kraus received new awards of 2,466 restricted stock units and 5,624 stock options exercisable at $91.24 per share, each vesting in 25% annual installments starting April 1, 2026, subject to continued service. Following these transactions, he directly owned 5,524 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,249 shares exercised/converted
Exercise
8 txns
Insider
Kraus Larry
Role
SVP, CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 758 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 491 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2,466 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (right to buy) | 5,624 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share | 758 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share | 335 | $91.24 | $31K |
| Exercise | Common Stock, par value $0.001 per share | 491 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share | 217 | $91.24 | $20K |
Holdings After Transaction:
Restricted Stock Units — 5,454 contracts (Direct);
Employee Stock Option (right to buy) — 5,624 contracts (Direct);
Common Stock, par value $0.001 per share — 5,524 shares (Direct)
Footnotes (9)
- 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 3,031 RSUs, of which 758 vested on April 1, 2025; 758 vested on April 1, 2026; 757 vest on April 1, 2027; and 758 vest on April 1, 2028.
- F7. RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2025, subject to continued service through each applicable vesting date. The reporting person was granted 1,964 RSUs, of which 491 vested on April 1, 2026; 491 vest on April 1, 2027; 491 vest on April 1, 2028; and 491 vest on April 1, 2029.
- F8. RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 2,466 RSUs, of which 616 vest on April 1, 2027; 617 vest on April 1, 2028; 616 vest on April 1, 2029; and 617 vest on April 1, 2030.
- F9. Options vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 5,624 options, of which 1,406 vest on April 1, 2027; 1,406 vest on April 1, 2028; 1,406 vest on April 1, 2029; and 1,406 vest on April 1, 2030.
Key Figures
RSUs vested: 758 RSUs
Additional RSUs vested: 491 RSUs
New RSU grant: 2,466 RSUs
+4 more
7 metrics
RSUs vested
758 RSUs
Converted into 758 common shares on April 1, 2026
Additional RSUs vested
491 RSUs
Converted into 491 common shares on April 1, 2026
New RSU grant
2,466 RSUs
Granted April 1, 2026, vesting 2027–2030
New stock options
5,624 options
Granted April 1, 2026, strike $91.24, expire April 1, 2036
Exercise price / FMV
$91.24 per share
Used as fair market value for tax withholding on April 1, 2026
Shares withheld for taxes
552 shares
335 + 217 common shares withheld to cover tax obligations
Common shares owned after
5,524 shares
Direct ownership following April 1, 2026 transactions
Key Terms
Restricted Stock Units, Section 16b-3(e), fair market value, vesting, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis."
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.
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"
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.
vesting financial
"RSUs vest and become exercisable in 25% installments on each anniversary date of the grant"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
employee stock option financial
"Employee Stock Option (right to buy)"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did OLLI executive Larry Kraus report in this Form 4 filing?
Larry Kraus reported routine equity compensation activity, including vesting of restricted stock units into common shares and new grants of restricted stock units and stock options, all dated April 1, 2026, with some shares withheld to cover related tax obligations.
How many new restricted stock units did Larry Kraus receive from OLLI?
Larry Kraus received 2,466 new restricted stock units. Footnotes state these RSUs vest in 25% annual installments beginning April 1, 2026, with remaining tranches scheduled through 2030, subject to his continued service with Ollie’s Bargain Outlet Holdings, Inc.
What stock option grant did OLLI award to Larry Kraus?
Kraus was granted 5,624 employee stock options with an exercise price of $91.24 per share, vesting 25% each year starting April 1, 2026, and expiring on April 1, 2036, contingent on his continued employment with the company.
When do Larry Kraus’s new OLLI RSUs and options vest?
The newly granted RSUs and options vest in 25% installments on each anniversary of the April 1, 2026 grant date. Footnotes detail RSU tranches vesting from 2027 to 2030 and option tranches vesting annually from 2027 through 2030, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
