Ollie’s (NASDAQ: OLLI) SVP Kraus nets RSU shares after tax withholding
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings, Inc. senior vice president and CIO Larry Kraus reported routine equity compensation activity involving restricted stock units. On March 25, 2026, 1,193 restricted stock units vested and converted into an equal number of common shares at no exercise price.
To cover federal and state tax withholding from this vesting, 526 common shares were relinquished back to the company at a fair market value of $91.01 per share, rather than being sold on the open market. After these transactions, Kraus directly holds 4,827 shares of common stock.
Footnotes explain that these restricted stock units were part of a 4,773-unit grant that vested in 25% installments on each March 25 anniversary starting in 2022, and all of those units were fully vested as of March 25, 2026. The filing reflects compensation-related vesting and tax settlement rather than discretionary open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,193 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share | 1,193 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share | 526 | $91.01 | $48K |
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 March 25, 2026.
- F5. Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.
- F6. 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 4,773 RSUs, and as of March 25, 2026, all of such RSUs are vested in their entirety.
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