SWYGERT JOHN W 4
Research Summary
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Ollie's (OLLI) Executive Chairman John Swygert Sells 1,126 Shares
What Happened John W. Swygert, Executive Chairman and Director of Ollie's Bargain Outlet Holdings, Inc. (OLLI), reported a sale of 1,126 shares on February 9, 2026. The shares were sold at $112.06 per share in a single transaction, generating proceeds of approximately $126,180. The filing (Form 4) was submitted on February 11, 2026.
Key Details
- Transaction type: Sale (code S) — open market/private sale reported.
- Date of transaction: 2026-02-09; Form 4 filed: 2026-02-11 (timely filing).
- Price and amount: 1,126 shares at $112.06 each; total ≈ $126,180.
- Footnote: Sale made pursuant to a Rule 10b5-1 trading plan adopted June 23, 2025 (prearranged plan).
- Footnote: The reported price is the price at which the shares were sold in a single transaction.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
Context This sale was executed under a 10b5-1 plan, which is a prearranged trading arrangement that allows insiders to sell shares according to a preset schedule regardless of subsequent market moves. Such planned sales are generally considered more routine than opportunistic trading and do not necessarily signal a change in the insider’s view of the company.