Comitale James J 4
4 · Ollie's Bargain Outlet Holdings, Inc. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Ollie's (OLLI) SVP James Comitale Exercises RSUs; 381 Shares Withheld
What Happened
James J. Comitale, SVP and General Counsel of Ollie's Bargain Outlet Holdings, Inc. (OLLI), had 862 restricted stock units (RSUs) vest on March 23, 2026. Those RSUs converted into 862 shares of common stock (reported as a derivative exercise, code M). Of the vested shares, 381 were relinquished/withheld to satisfy federal and state tax withholding obligations at a reported fair market value of $94.45 per share, for a total tax withholding value of $35,985 (reported under code F).
Key Details
- Transaction date: March 23, 2026; Form 4 filed March 25, 2026 (appears timely).
- Conversion: 862 RSUs converted into 862 common shares (code M); price reported for conversion = $0.00 (typical for vested RSUs).
- Withholding/tax: 381 shares withheld/cancelled to cover tax obligations at $94.45/share = $35,985 (code F).
- Footnotes: RSUs convert one-for-one into common stock (F1, F2, F5); the withholding is an exempt transaction under Section 16(b)-3(e) where shares are delivered/withheld to satisfy tax obligations (F3); fair market value per share is the March 23, 2026 close (F4).
- Vesting schedule context: The RSU grant totaled 3,449 RSUs with 25% vesting annually; the March 23, 2026 installment was for 862 RSUs (F6).
- Shares owned after the transaction: not explicitly stated in this Form 4.
Context
This filing documents a routine RSU vesting and tax-withholding transaction rather than an open-market purchase or sale. Code M indicates conversion/exercise of a derivative (here, RSU vesting); code F denotes shares withheld/cancelled to satisfy tax withholding. Such withholdings are standard and do not, by themselves, indicate the insider's view on the company's stock.
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $0.001 per share
[F1][F2]2026-03-23+862→ 3,760 total - Tax Payment
Common Stock, par value $0.001 per share
[F3][F4]2026-03-23$94.45/sh−381$35,985→ 3,379 total - Exercise/Conversion
Restricted Stock Units
[F5][F1][F6]2026-03-23−862→ 862 total→ Common Stock (862 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 March 23, 2026.
- [F5]Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.
- [F6]The RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, March 23, 2023, subject to continued service through each applicable vesting date. The reporting person was granted 3,449 RSUs, of which 862 vested on March 23, 2024; 863 vested on March 23, 2025; 862 vested on March 23, 2026; and 862 vest on March 23, 2027.