van der Valk Eric 4

What Happened
Eric van der Valk, President, CEO and a director of Ollie's Bargain Outlet Holdings (OLLI), had 3,717 restricted stock units (RSUs) vest and convert into common stock on February 3, 2026. Of those shares, 1,662 were relinquished/withheld to cover federal and state tax withholding obligations at a reported fair market value of $108.34 per share (totaling $180,061). After withholding, the reporting person retained a net 2,055 newly issued shares. The conversion/vesting is reported as a derivative transaction at $0 (standard for RSU vesting).

Key Details

• Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (appears timely).
• Converted/vested: 3,717 RSUs → 3,717 shares (reported at $0.00 per share for conversion).
• Withheld/disposed for taxes: 1,662 shares at $108.34 = $180,061 (reported as tax withholding under Rule 16b-3).
• Net shares added to insider holdings from this vesting: +2,055 shares.
• Notable footnotes: RSUs convert one-for-one into common stock; the withheld shares were cancelled by the issuer in exchange for the issuer paying withholding obligations (exempt under Section 16b-3(e)). The filing reports the price using the Feb 3 closing market price.
• Total post-transaction ownership was not specified in the provided filing details.

Context
This was a routine RSU vesting with shares withheld to satisfy tax obligations — effectively a cashless withholding, not an open-market sale. Such withholding transactions are common and generally reflect tax mechanics rather than an insider taking profits; they do not, by themselves, indicate a change in the insider’s view of the company.