SWYGERT JOHN W 4

What Happened John W. Swygert, Executive Chairman and Director of Ollie's Bargain Outlet Holdings, received two compensation awards on February 10, 2026: 12,111 stock options (reported as a derivative grant) and 5,311 restricted stock units (RSUs). Both grants are reported at $0.00 per share on the Form 4 (standard for awards/derivatives at grant); no cash purchase or sale occurred. The awards are service-based and vest in four roughly equal annual installments beginning Feb 10, 2027.

Key Details

• Transaction date: February 10, 2026; Filing date: March 25, 2026 (filed after the transaction date; outside the typical two-business-day Form 4 window).
• Options: 12,111 granted (derivative), $0.00 per share reported. Vesting: 25% each year — 3,028 vest 2/10/2027; 3,028 on 2/10/2028; 3,027 on 2/10/2029; 3,028 on 2/10/2030. (Footnote F1)
• RSUs: 5,311 granted, $0.00 per unit reported. Each RSU converts to one share at vesting. Vesting: 25% each year — 1,328 on 2/10/2027; 1,328 on 2/10/2028; 1,327 on 2/10/2029; 1,328 on 2/10/2030. (Footnotes F2, F3)
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No exercise, sale, or tax-withholding reported in this filing — these awards are grants, not immediate cash transactions.

Context These awards are compensation grants that vest with continued service; they are not an immediate purchase or sale of shares. Options are not exercised here — they are future rights to buy under the stated vesting schedule — while RSUs represent a contingent right to receive shares at vesting. Because the Form 4 was filed well after the Feb 10 grant date (filed Mar 25), the filing appears late relative to the typical two-business-day Form 4 reporting requirement.