OLLI GC reports RSU vesting and tax withholding
Ollie's Bargain Outlet Holdings, Inc. senior vice president and general counsel James J. Comitale reported routine equity compensation activity.
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings, Inc. senior vice president and general counsel James J. Comitale reported routine equity compensation activity. On March 23, 2026, 862 restricted stock units vested and converted into 862 shares of common stock on a one-for-one basis. To cover federal and state tax withholding obligations from this vesting, 381 of these shares were relinquished back to the company at a fair market value price of $94.45 per share, as an exempt tax-withholding transaction rather than an open-market sale. After these transactions, Comitale directly held 3,379 shares of common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 862 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share | 862 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share | 381 | $94.45 | $36K |
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 23, 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 23, 2023, subject to continued service through each applicable vesting date. The reporting person was granted 3,449 RSUs, of which 862 vested on March 23, 2024; 863 vested on March 23, 2025; 862 vested on March 23, 2026; and 862 vest on March 23, 2027.
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