SWYGERT JOHN W 4
4 · Ollie's Bargain Outlet Holdings, Inc. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Ollie's (OLLI) Exec Chair John Swygert Receives RSUs; Withholds Shares
What Happened
John W. Swygert, Executive Chairman and Director of Ollie's Bargain Outlet Holdings, had 2,091 restricted stock units (RSUs) vest on Feb 3, 2026 and convert into common stock. To satisfy tax withholding, 965 of those shares were surrendered/cancelled (disposed) at a fair market value of $108.34 per share for a withholding value of $104,548. After withholding, the reporting person retained a net 1,126 shares from this vesting event (gross value of vested shares ≈ $226,539; net retained value ≈ $121,991).
Key Details
- Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (timely).
- Vested/converted: 2,091 RSUs → 2,091 common shares (conversion reported as derivative exercise, code M).
- Tax withholding: 965 shares surrendered (code F) at $108.34/share; total withheld ≈ $104,548.
- Net shares added to Swygert’s holdings from this vesting: 1,126 shares.
- Footnotes: RSUs convert one-for-one into common stock; withheld shares were relinquished and cancelled by the issuer to cover federal/state tax obligations (exempt under Section 16b-3(e)). The $108.34 price is the Feb 3, 2026 closing market price. Vesting schedule: 8,362 RSUs granted total; 2,091 vested this date (remaining vest over next years per grant schedule).
- Shares owned after transaction: Not specified in the filing.
Context
- This was a routine vesting of RSUs (an award), not an open-market purchase or sale. The withholding of shares to cover taxes is a common, administrative cashless withholding method and does not by itself indicate a buy or sell market signal. The Form 4 shows both the conversion of RSUs to shares and the subsequent share surrender for tax withholding.
Insider Transaction Report
Form 4
SWYGERT JOHN W
DirectorExecutive Chairman
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
[F1][F2]2026-02-03+2,091→ 50,291 total - Tax Payment
Common Stock, par value $0.001 per share
[F3][F4]2026-02-03$108.34/sh−965$104,548→ 49,326 total - Exercise/Conversion
Restricted Stock Units
[F5][F1][F6]2026-02-03−2,091→ 6,271 total→ Common Stock (2,091 underlying)
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 February 3, 2026.
- [F5]Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.
- [F6]The RSUs granted to the reporting person vest 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 8,362 RSUs, of which 2,091 vested on February 3, 2026; 2,090 vest on February 3, 2027; 2,091 vest on February 3, 2028; and 2,090 vest on February 3, 2029.
Signature
/s/ James J. Comitale as Attorney-In-Fact|2026-02-05