Ollie’s Bargain Outlet (OLLI) chair sells shares after RSU vesting
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings, Inc. Executive Chairman John W. Swygert reported an open-market sale of 3,898 shares of common stock at an average price of $89.40 per share, leaving him with 53,431 directly held shares.
On March 25, 2026, 9,257 restricted stock units converted into common stock on a one-for-one basis, and 4,026 shares were withheld at $91.01 per share to cover tax obligations. The RSUs stemmed from a 37,028-unit grant that was fully vested as of March 25, 2026. The 3,898-share sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 23, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
SWYGERT JOHN W
Role
Executive Chairman
Sold
3,898 shs ($348K)
Approx. gross sale proceeds
$348K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 3,898 | $89.40 | $348K |
| Exercise | Restricted Stock Units | 9,257 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share | 9,257 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share | 4,026 | $91.01 | $366K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, par value $0.001 per share — 53,431 shares (Direct)
Footnotes (8)
- 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 March 25, 2026.
- F5. 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.
- F6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.55-90.29, 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.
- F7. Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.
- F8. The RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, March 25, 2022, subject to continued service through each applicable vesting date. The reporting person was granted 37,028 RSUs, and as of March 25, 2026, all of such RSUs are vested in their entirety.
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FAQ
What insider transactions did John W. Swygert report for OLLI?
John W. Swygert reported exercising 9,257 restricted stock units into common stock and an open-market sale of 3,898 OLLI shares. He also reported 4,026 shares withheld to cover tax obligations arising from the RSU vesting, all as direct holdings.
What RSU vesting activity did the OLLI Form 4 disclose?
The filing shows 9,257 restricted stock units converting into an equal number of common shares at $0.00 exercise price. These RSUs were part of a 37,028-unit grant that vested in 25% annual installments and was fully vested as of March 25, 2026.