Kraus Larry 4

What Happened
Larry Kraus, SVP and Chief Investment Officer of Ollie's Bargain Outlet (OLLI), had 862 restricted stock units (RSUs) vest on March 23, 2026. The RSUs converted into 862 shares of common stock at a fair market value of $94.45 per share (gross value ≈ $81,416). To satisfy tax withholding obligations, 381 shares were relinquished/cancelled by the issuer (withheld) for a value of about $35,985, leaving a net of 481 shares retained (net value ≈ $45,430). This was a vesting/conversion of equity awards rather than an open-market purchase or sale.

Key Details

• Transaction date: March 23, 2026; filing date: March 25, 2026.
• Conversion/vesting: 862 RSUs converted into 862 shares (coded M).
• Tax withholding: 381 shares withheld/cancelled (coded F) at $94.45/share, total ≈ $35,985.
• Net shares retained: 481 shares (862 vested − 381 withheld), net value ≈ $45,430.
• Footnotes: RSUs convert one-for-one into common stock; the withholding was an exempt transaction under Rule 16b‑3 (issuer withheld/cancelled shares to pay tax obligations). The grant was part of a 3,449-RSU award that vests in 25% annual installments; 862 vested on 3/23/2026.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
This was a routine equity award vesting and cashless settlement via share withholding to cover taxes — common for executives receiving RSUs. It is not an open-market sale (no proceeds paid to the insider) and therefore is generally viewed as administrative (tax payment) rather than a directional insider trade signal.