SWYGERT JOHN W 4

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.