SWYGERT JOHN W 4
Research Summary
AI-generated summary
Ollie's (OLLI) Exec Chairman John W. Swygert Sells 5,231 Shares
What Happened
- John W. Swygert, Executive Chairman and Director of Ollie's Bargain Outlet Holdings, sold 5,231 shares on 2026-03-31. The weighted-average sale price was $92.09, for total proceeds of approximately $481,723. This was a sale (not a purchase), which is commonly a routine liquidity event rather than a direct statement about company prospects.
Key Details
- Transaction date: 2026-03-31.
- Transaction type/code: Sale (S) — open market/private sale reported.
- Price: Weighted average $92.09; actual sale prices ranged from $91.01 to $92.68 (multiple trades).
- Total proceeds: ~$481,723.
- Shares owned after transaction: Not provided in the information supplied in this summary (see filing for post-transaction holdings).
- Notable footnotes:
- F1: Sale executed pursuant to a Rule 10b5-1 trading plan adopted June 23, 2025 and previously disclosed in the issuer's Form 10-Q (Sept 3, 2025).
- F2: The reported price is a weighted average; the reporting person can provide a breakdown of shares sold at each price in the stated range upon request.
- Filing timeliness: Filed 2026-04-02 for a 2026-03-31 trade — appears to be timely (within the Form 4 reporting window).
Context
- The sale was made under an established 10b5-1 plan, which typically authorizes pre-set trades and can limit the informational significance of the timing. Sales by executives are often routine (liquidity, diversification, tax planning) and do not necessarily indicate a change in outlook. For further detail (exact per-trade prices or post-sale holdings), consult the full Form 4 filing (Accession No. 0001213900-26-039407).