Ollie’s (OLLI) CEO RSUs vest; shares withheld to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings, Inc. President and CEO Eric van der Valk had restricted stock units vest and convert into common stock on March 25, 2026. He acquired 2,152 shares through RSU conversion, and 936 of these shares were withheld by the company at a fair market value of $91.01 per share to cover tax obligations. After these compensation-related transactions, he directly owned 12,128 shares of common stock. All 8,607 RSUs from this grant were fully vested as of March 25, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,152 shares exercised/converted
Mixed
3 txns
Insider
van der Valk Eric
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,152 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 2,152 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 936 | $91.01 | $85K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, par value $0.001 per share — 13,064 shares (Direct)
Footnotes (1)
- Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock"). Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis. 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. The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 25, 2026. Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting. 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 8,607 RSUs, and as of March 25, 2026, all of such RSUs are vested in their entirety.
FAQ
What did OLLI President and CEO Eric van der Valk report in this Form 4?
Eric van der Valk reported RSU vesting and share withholding for taxes. 2,152 restricted stock units converted into common stock, and 936 shares were withheld by the company to satisfy tax obligations related to the vesting, leaving him with 12,128 shares held directly.
What were the terms of the Ollie's RSU grant reported in this Form 4?
The CEO was granted 8,607 RSUs that vest in four annual installments. The units vest 25% each year on March 25, starting in 2022, subject to continued service. As of March 25, 2026, all 8,607 RSUs under this grant were fully vested into common stock.