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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kraus Larry

(Last) (First) (Middle)

C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC

6295 ALLENTOWN BLVD., SUITE 1

(Street)

HARRISBURG PENNSYLVANIA 17112

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Ollie's Bargain Outlet Holdings, Inc. [ OLLI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, CIO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001 per share	03/25/2026		M(1)		1,193	A	$0(2)	5,353	D
Common Stock, par value $0.001 per share	03/25/2026		F(3)		526	D	$91.01(4)	4,827	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(5)	03/25/2026		M(1)			1,193	(6)	(6)	Common Stock	1,193	$0	0	D

Explanation of Responses:

1. Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").

2. Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.

3. 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.

4. The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 25, 2026.

5. Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.

6. 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.

Remarks:

	/s/ James J. Comitale as Attorney-In-Fact	03/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did OLLI executive Larry Kraus report on March 25, 2026?

Larry Kraus reported vesting of 1,193 restricted stock units into common shares. These units converted one-for-one into Ollie’s Bargain Outlet common stock as part of his equity compensation plan, with no cash exercise price involved in the conversion.

Did the OLLI Form 4 show any open-market buying or selling by Larry Kraus?

The Form 4 shows no open-market buys or sells by Larry Kraus. It records RSU vesting, conversion into 1,193 common shares, and a share withholding for taxes, which is a compensation-related mechanism rather than a discretionary market trade.

How many OLLI shares were withheld to cover Larry Kraus’s tax obligations?

A total of 526 Ollie’s Bargain Outlet common shares were relinquished to cover tax obligations. The value used was the closing market price of $91.01 per share on March 25, 2026, according to the filing’s footnote disclosures.

What is Larry Kraus’s direct OLLI shareholding after these Form 4 transactions?

Following the RSU vesting and tax withholding transactions, Larry Kraus directly holds 4,827 shares of Ollie’s Bargain Outlet common stock. This figure reflects his updated equity position after the 1,193-share RSU conversion and 526-share tax-related relinquishment.

How did the Ollie’s Bargain Outlet RSUs granted to Larry Kraus vest over time?

The 4,773 restricted stock units granted to Larry Kraus vest in 25% installments on each March 25 anniversary of the March 25, 2022 grant. Footnotes state that by March 25, 2026, all of these RSUs were fully vested and eligible for share delivery.

What does the $91.01 price in the OLLI Form 4 represent?

The $91.01 per share price represents the fair market value based on Ollie’s Bargain Outlet’s closing stock price on March 25, 2026. This value was used solely to calculate the amount of stock withheld to satisfy tax obligations from RSU vesting.