COLOMBO WILLIAM J 4
Research Summary
AI-generated summary
DICK'S Sporting Goods (DKS) Director William J. Colombo Receives 838-Share Award
What Happened
- William J. Colombo, a director of DICK'S Sporting Goods, received an award of 838 shares of time‑based restricted stock on June 10, 2026. The shares were granted at $0.00 per share (a compensation award), so there was no cash purchase involved.
Key Details
- Transaction date: 2026-06-10; Transaction type/code: Award/Acquisition (A).
- Shares granted: 838 restricted shares; reported acquisition price: $0.00 (compensation grant).
- Shares owned after transaction: Not specified in the provided summary—see the Form 4 for the updated beneficial ownership total.
- Footnotes: F1 — these are time‑based restricted shares subject to vesting; F2 — the reporting person also transferred 975 shares to a trust (spouse is primary beneficiary) that were previously reported as directly owned.
- Filing timeliness: Report filed 2026-06-12 for a 2026-06-10 transaction (filed within the usual 2-business-day window).
Context
- This was a compensation grant (restricted stock) rather than a market purchase or sale. Restricted shares are subject to vesting conditions and typically cannot be sold immediately, so the grant does not by itself signal an immediate bullish market action.
- Transfers to trusts for a spouse or family members are common estate/financial planning steps and are not the same as open‑market buying or selling.