Pre-planned sale: Ollie's (NASDAQ: OLLI) chair sells 3,330 shares
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings, Inc. Executive Chairman John W. Swygert sold 3,330 shares of common stock in an open-market transaction. The shares were sold at a weighted average price of $95.80 per share across multiple trades priced between $95.02 and $97.32.
After this sale, Swygert directly holds 48,200 shares of Ollie's common stock. According to a footnote, the transaction was made pursuant to an agreement adopted during an open trading window on June 23, 2025, under a Rule 10b5-1 trading plan disclosed in a prior Form 10-Q.
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Insider Trade Summary 10b5-1
Net Seller: 3,330 shares
Net Sell
1 txn
Insider
SWYGERT JOHN W
Role
Executive Chairman
Sold
3,330 shs ($319K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 3,330 | $95.80 | $319K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 48,200 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.02-97.32, 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.
Key Figures
Shares sold: 3,330 shares
Weighted average sale price: $95.80 per share
Sale price range: $95.02–$97.32 per share
+1 more
4 metrics
Shares sold
3,330 shares
Open-market sale on April 7, 2026
Weighted average sale price
$95.80 per share
Common stock, par value $0.001 per share
Sale price range
$95.02–$97.32 per share
Range of prices across multiple transactions
Shares held after transaction
48,200 shares
Direct ownership after reported sale
Key Terms
Rule 10b5-1, open-market sale, weighted average price
3 terms
Rule 10b5-1 regulatory
"in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did OLLI Executive Chairman John W. Swygert report?
John W. Swygert reported an open-market sale of 3,330 shares of Ollie's common stock. The transaction reflects a routine insider sale under a pre-established Rule 10b5-1 trading plan rather than a discretionary trade based on short-term market conditions.
Was the OLLI insider sale by John W. Swygert made under a Rule 10b5-1 plan?
Yes. A footnote states the transaction was made pursuant to an agreement adopted during an open trading window on June 23, 2025, under Rule 10b5-1. That agreement was previously disclosed in an Ollie's Form 10-Q filed on September 3, 2025.
What does the weighted average price range mean in the OLLI Form 4 filing?
The Form 4 reports a weighted average sale price of $95.80 per share. Footnote detail clarifies that individual trades occurred between $95.02 and $97.32, with the insider offering to provide the exact number of shares sold at each specific price upon request.