Ollie’s (NASDAQ: OLLI) EVP granted RSUs, options; shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings EVP and COO Christopher Zender reported routine equity compensation activity. On April 1, 2026, 764 restricted stock units vested and converted into 764 shares of common stock, increasing his direct common stock holdings to 844 shares after related tax withholding.
To cover tax obligations from the RSU vesting, 340 shares were withheld and cancelled at a value based on a $91.24 closing market price, a non-market, exempt transaction rather than an open-market sale. Zender also received new awards of 3,836 RSUs and 8,748 employee stock options at a $91.24 exercise price, vesting in 25% annual installments through 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
764 shares exercised/converted
Mixed
5 txns
Insider
Zender Christopher
Role
EVP, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 764 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,836 | $0.00 | -- |
| Grant/Award | Employee Stock Option (right to buy) | 8,748 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 764 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 340 | $91.24 | $31K |
Holdings After Transaction:
Restricted Stock Units — 2,291 shares (Direct);
Employee Stock Option (right to buy) — 8,748 shares (Direct);
Common Stock, par value $0.001 per share — 1,184 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 April 1, 2026. Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting. RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2025, subject to continued service through each applicable vesting date. The reporting person was granted 3,055 RSUs, of which 764 vested on April 1, 2026; 764 vest on April 1 2027; 763 vest on April 1, 2028; and 764 vest on April 1, 2029. RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 3,836 RSUs, of which 959 vest on April 1, 2027; 959 vest on April 1, 2028; 959 vest on April 1, 2029; and 959 vest on April 1, 2030. Options vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 8,748 options, of which 2,187 vest on April 1, 2027; 2,187 vest on April 1, 2028; 2,187 vest on April 1, 2029; and 2,187 vest on April 1, 2030.
Key Figures
RSUs vested into common stock: 764 shares
Shares withheld for taxes: 340 shares at $91.24
New RSU grant: 3,836 RSUs
+3 more
6 metrics
RSUs vested into common stock
764 shares
Converted into common stock on April 1, 2026
Shares withheld for taxes
340 shares at $91.24
Relinquished to cover tax obligations on April 1, 2026
New RSU grant
3,836 RSUs
Granted April 1, 2026, vesting in four 25% annual installments
New stock option grant
8,748 options at $91.24
Employee stock options expiring April 1, 2036
Common shares held after transactions
844 shares
Direct ownership after RSU vesting and tax withholding
Original RSU award (prior grant)
3,055 RSUs
Earlier grant with 764 RSUs vesting on April 1, 2026
Key Terms
Restricted stock units ("RSUs"), Section 16b-3(e), Employee Stock Option (right to buy), fair market value, +1 more
5 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") convert into Common Stock on a one-for-one basis."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Section 16b-3(e) regulatory
"Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability"
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy)"
fair market value financial
"The price reported in column 4 is equivalent to the fair market value based on the closing market price"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
contingent right financial
"Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting."
FAQ
What did OLLI executive Christopher Zender report in this Form 4?
Christopher Zender reported vesting of 764 restricted stock units into common shares and new grants of 3,836 RSUs plus 8,748 stock options. These transactions reflect routine equity compensation rather than open-market buying or selling of Ollie’s Bargain Outlet Holdings stock.
What new restricted stock units did Zender receive from OLLI?
Zender received a new grant of 3,836 restricted stock units, each representing a contingent right to one share of common stock. These RSUs vest in four equal 25% installments on each anniversary of the April 1, 2026 grant date, through 2030, subject to continued service.
What are the details of the stock options granted to Zender at OLLI?
Zender was granted 8,748 employee stock options with a $91.24 exercise price, expiring April 1, 2036. These options vest in 25% installments on each anniversary of the April 1, 2026 grant date from 2027 through 2030, conditioned on his continued service.