Ollie's Bargain Outlet (OLLI) CEO vests RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ollie's Bargain Outlet Holdings, Inc. President and CEO Eric van der Valk reported routine equity compensation activity. On February 3, 2026, 3,717 restricted stock units vested and converted into common stock at no cash exercise price, increasing his directly held common shares before tax withholding.
To cover federal and state tax obligations from this vesting, 1,662 shares of common stock were withheld and cancelled at a reference price of $108.34 per share, leaving him with 9,816 common shares held directly. He also held 11,149 restricted stock units after the transaction, which continue to vest in annual installments through 2029 subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,717 shares exercised/converted
Mixed
3 txns
Insider
van der Valk Eric
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,717 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 3,717 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 1,662 | $108.34 | $180K |
Holdings After Transaction:
Restricted Stock Units — 11,149 shares (Direct);
Common Stock, par value $0.001 per share — 11,478 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 February 3, 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, February 3, 2025, subject to continued service through each applicable vesting date. The reporting person was granted 14,866 RSUs, of which 3,717 vested on February 3, 2026; 3,716 vest on February 3, 2027; 3,717 vest on February 3, 2028; and 3,716 vest on February 3, 2029.
FAQ
What did Ollie's (OLLI) CEO Eric van der Valk report in this Form 4?
Eric van der Valk reported the vesting of 3,717 restricted stock units into common stock and related tax withholding. Shares were partly cancelled to satisfy tax obligations arising from this equity compensation event, leaving him with 9,816 common shares held directly afterward.
How many Ollie's (OLLI) RSUs vested for the CEO on February 3, 2026?
On February 3, 2026, 3,717 restricted stock units vested for the CEO and converted into common stock on a one-for-one basis. This vesting reflects part of a larger 14,866-unit grant that is scheduled to vest in equal annual installments through 2029, subject to continued service.
What is the remaining vesting schedule for the CEO’s Ollie's (OLLI) RSUs?
The CEO was granted 14,866 RSUs. Of these, 3,717 vested on February 3, 2026; 3,716 are scheduled to vest on February 3, 2027; 3,717 on February 3, 2028; and 3,716 on February 3, 2029, all subject to his continued service with the company.