[Form 4] Ollie's Bargain Outlet Holdings, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings, Inc. senior vice president and CIO Larry Kraus 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 shares were relinquished back to the company at a value based on a $94.45 closing market price, an exempt transaction that was not an open-market sale. After these transactions, Kraus directly holds 4,160 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 481 shares
Net Buy
3 txns
Insider
Kraus Larry
Role
SVP, CIO
| 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 |
Holdings After Transaction:
Restricted Stock Units — 862 shares (Direct);
Common Stock, par value $0.001 per share — 4,160 shares (Direct)
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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FAQ
What insider transaction did OLLI executive Larry Kraus report on this Form 4?
Larry Kraus reported vesting of 862 restricted stock units that converted into 862 shares of Ollie’s common stock. As part of the same event, 381 shares were relinquished back to the company to satisfy related tax withholding obligations.
Did the OLLI Form 4 show an open-market buy or sell by Larry Kraus?
The Form 4 does not show any open-market purchases or sales. It reflects RSU vesting and a tax-withholding share disposition, where 381 shares were surrendered to the issuer to pay taxes, an exempt, non-market transaction under Section 16b-3(e).
How do the OLLI RSUs reported by Larry Kraus vest over time?
The filing states Kraus was granted 3,449 RSUs vesting in 25% installments on each March 23 anniversary of the 2023 grant. Tranches of 862, 863, 862, and 862 RSUs vest from 2024 through 2027, subject to continued service.
What does the exempt tax-withholding transaction mean in the OLLI Form 4?
The exempt transaction reflects payment of tax liabilities by surrendering shares instead of cash. All disposed shares were cancelled by the issuer in exchange for covering federal and state tax withholding from the RSU vesting, under Rule 16b-3-related provisions.