Ollie's Bargain Outlet Holdings, Inc.·4

Mar 25, 5:05 PM ET

van der Valk Eric 4

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

Research Summary

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Ollie's (OLLI) CEO Eric van der Valk Exercises RSUs, 844 Shares Withheld

What Happened

  • Eric van der Valk, President, CEO and Director of Ollie's Bargain Outlet Holdings (OLLI), had 1,940 restricted stock units (RSUs convertible into common stock) vest and convert into 1,940 shares on March 23, 2026.
  • To satisfy tax withholding obligations, 844 of those shares were surrendered/withheld at a fair-market value of $94.45 per share (total value ≈ $79,716). The RSU award/derivative position of 1,940 RSUs was cancelled upon conversion. Net shares received and retained by van der Valk from this vesting event: 1,096 shares (1,940 vested − 844 withheld).
  • This was not an open-market sale or purchase — it was the routine conversion/vesting of RSUs with shares withheld for taxes (a common, non-bullish/cashless tax-withholding transaction).

Key Details

  • Transaction date: March 23, 2026. Form 4 filed March 25, 2026 (timely filing).
  • Price used for valuation: $94.45 per share (closing market price 3/23/2026). Withheld shares value: ≈ $79,716.
  • Shares acquired via conversion: 1,940 common shares; shares withheld/disposed for taxes: 844; RSU/derivative cancelled: 1,940. Net new shares retained: 1,096.
  • Footnotes: RSUs convert one-for-one to common stock (F1–F5). The withholding/disposition is an exempt transaction under Section 16b‑3(e) — issuer withheld/cancelled shares to pay federal/state tax withholding (F3). The RSU grant vests in 25% annual installments; van der Valk was granted 7,761 RSUs with remaining vesting through March 23, 2027 (F6).
  • Shares owned after transaction: not specified in the provided filing details.

Context

  • This was a standard vesting and tax-withholding event (cashless tax withholding), not an open-market sale or buy. Such transactions are routine when equity awards vest and do not necessarily signal a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-23
van der Valk Eric
DirectorPresident and CEO
Transactions
  • Exercise/Conversion

    Common Stock, par value $0.001 per share

    [F1][F2]
    2026-03-23+1,94011,756 total
  • Tax Payment

    Common Stock, par value $0.001 per share

    [F3][F4]
    2026-03-23$94.45/sh844$79,71610,912 total
  • Exercise/Conversion

    Restricted Stock Units

    [F5][F1][F6]
    2026-03-231,9401,940 total
    Common Stock (1,940 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 7,761 RSUs, of which 1,940 vested on March 23, 2024; 1,941 vested on March 23, 2025; 1,940 vested on March 23, 2026; and 1,940 vest on March 23, 2027.
Signature
/s/ James J. Comitale as Attorney-In-Fact|2025-03-25

Documents

1 file
  • 4
    marketforms-72745.xmlPrimary

    PRIMARY DOCUMENT