SWYGERT JOHN W 4

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.