SWYGERT JOHN W 4

4 · Ollie's Bargain Outlet Holdings, Inc. · Filed Mar 25, 2026

AI-generated summary of this filing

Updated Mar 25, 2026

Ollie's (OLLI) Exec Chairman John Swygert Exercises RSUs, Surrenders Shares

What Happened

John W. Swygert, Executive Chairman and Director of Ollie's Bargain Outlet Holdings (OLLI), had 6,899 restricted stock units (RSUs) vest on March 23, 2026. The RSUs converted into common stock (6,899 shares).
To satisfy tax withholding obligations, 3,001 of those shares were surrendered (disposed) at an implied fair market value of $94.45 per share, totaling approximately $283,444. After withholding, Swygert received a net 3,898 shares.
This was a routine vesting/tax-withholding event (not an open‑market sale or a cash purchase).

Key Details

Transaction date: March 23, 2026; Form 4 filed March 25, 2026 (appears timely).
Transactions reported: conversion of 6,899 RSUs into common stock (M); 3,001 shares surrendered for tax withholding (F) at $94.45 = $283,444.
Net shares issued to insider: 3,898 (6,899 vested less 3,001 withheld).
Footnotes: RSUs convert one-for-one to common stock (F1, F2, F5); shares were relinquished/ cancelled by the issuer to cover federal/state tax withholding under Rule 16b‑3 (F3); $94.45 price is the March 23, 2026 closing market price (F4). Vesting schedule: 27,596 RSUs granted, vesting 25% annually; 6,899 vested on 3/23/26 (F6).
No 10b5-1 plan or open-market sale was reported; the disposal reflects tax withholding only.

Context

This was a standard RSU vesting with a share‑for‑tax withholding (often called a cashless/stock settlement for taxes). It is routine and should not be interpreted as a deliberate market sale by the insider.
Purchases are generally more informative as bullish signals; vesting and withholding events mainly reflect compensation mechanics.

Form 4

Period: 2026-03-23

DirectorExecutive Chairman

Transactions

Exercise/Conversion
Common Stock, par value $0.001 per share
[F1][F2]
2026-03-23+6,899→ 55,099 total
Tax Payment
Common Stock, par value $0.001 per share
[F3][F4]
2026-03-23$94.45/sh−3,001$283,444→ 52,098 total
Exercise/Conversion
Restricted Stock Units
[F5][F1][F6]
2026-03-23−6,899→ 6,899 total
→ Common Stock (6,899 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 27,596 RSUs, of which 6,899 vested on March 23, 2024; 6,899 vested on March 23, 2025; 6,899 vested on March 23, 2026; and 6,899 vest on March 23, 2027.

Signature

/s/ James J. Comitale as Attorney-In-Fact|2026-03-25

1 file