Kraus Larry 4

What Happened

• Larry Kraus, SVP and Chief Investment Officer of Ollie's Bargain Outlet Holdings (OLLI), had 1,193 restricted stock units (RSUs) vest and convert into common stock on March 25, 2026. The converted shares had a closing market value of $91.01 per share.
• To cover tax withholding obligations, 526 of those shares were relinquished/cancelled by the company (withheld) at $91.01/share (total = $47,871). Net to Kraus: 667 shares retained, worth about $60,704. This was a routine vesting/tax-withholding event rather than an open-market sale or purchase.

Key Details

• Transaction date: March 25, 2026; Form filed March 27, 2026 (timely).
• Conversion (code M): 1,193 RSUs converted to common stock at $0.00 exercise price (RSUs convert one-for-one on vesting).
• Tax withholding (code F): 526 shares withheld/cancelled at $91.01/share = $47,871.
• Net shares delivered to insider: 667 shares (1,193 − 526), approximate net value ≈ $60,704.
• Footnotes: RSUs convert one-for-one on vesting; the withholding was an exempt transaction under Rule 16b-3(e) (company delivered/withheld shares to satisfy tax withholding). Price reported is the March 25, 2026 closing market price.
• Shares owned after the transaction: not specified in the provided data.

Context

• This was a vesting event for previously granted RSUs (25% installment vests; 4,773 RSUs originally granted; the 1,193 represents the 25% installment that vested on March 25, 2026).
• The withholding of shares to satisfy tax obligations is a common, administrative (non-market) action and does not necessarily indicate a change in the insider’s market view.