McLain Kevin 4

4 · Ollie's Bargain Outlet Holdings, Inc. · Filed Mar 27, 2026

AI-generated summary of this filing

Updated Mar 27, 2026

Ollie's (OLLI) SVP Kevin McLain Exercises RSUs, Surrenders Shares for Taxes

What Happened

Kevin McLain, Senior Vice President, Merchandising at Ollie's Bargain Outlet Holdings, had restricted stock units (RSUs) convert into common stock on March 25, 2026. The filing shows 1,519 shares were reported as acquired upon conversion (exercise/conversion of a derivative).
To satisfy tax withholding obligations from the vesting, McLain relinquished 670 shares to the issuer valued at $91.01 per share, totaling approximately $60,977. The Form 4 also reports a derivative-related disposition of 1,519 shares related to the conversion.

Key Details

Transaction date: March 25, 2026; Form 4 filed March 27, 2026.
Conversion reported: 1,519 shares (exercise/conversion of derivative) at $0.00 per share (acquired).
Tax withholding: 670 shares surrendered (Disposed) at $91.01/share = $60,977 (payment of tax liability).
Reported derivative disposition: 1,519 shares (listed as disposed in the filing in connection with the conversion).
Footnotes of note:
- RSUs convert one-for-one into common stock (F2, F5).
- The shares surrendered were relinquished/cancelled in exchange for the issuer agreeing to pay federal/state tax withholding obligations (F3).
- The $91.01 price is the closing market price on 3/25/2026 (F4).
- The reporting person was originally granted 6,075 RSUs and, per the filing, they were fully vested as of 3/25/2026 (F6).
Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context

This was an RSU vesting and conversion event, not an open-market purchase or a voluntary sale. The surrender of shares to cover taxes is a routine administrative action (stock-withholding/cashless withholding) and does not necessarily signal buying or selling sentiment.
For retail investors: purchases or open-market insider buys are often more informative about confidence than routine vesting and tax-withholding transactions like this one.

Form 4

Period: 2026-03-25

SVP, Merchandising

Transactions

Exercise/Conversion
Common Stock, par value $0.001 per share
[F1][F2]
2026-03-25+1,519→ 14,945 total
Tax Payment
Common Stock, par value $0.001 per share
[F3][F4]
2026-03-25$91.01/sh−670$60,977→ 14,275 total
Exercise/Conversion
Restricted Stock Units
[F5][F1][F6]
2026-03-25−1,519→ 0 total
→ Common Stock (1,519 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 25, 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 25, 2022, subject to continued service through each applicable vesting date. The reporting person was granted 6,075 RSUs, and as of March 25, 2026, all of such RSUs are vested in their entirety.

Signature

/s/ James J. Comitale as Attorney-In-Fact|2026-03-27

1 file