Ollie's Bargain Outlet Holdings, Inc.·4

Apr 3, 5:00 PM ET

BAGLIVO MARY 4

Research Summary

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Updated

Ollie's (OLLI) Director Mary Baglivo Converts RSUs, Receives New RSU Grant

What Happened

  • Mary Baglivo, a director of Ollie's Bargain Outlet Holdings, had 1,091 restricted stock units (RSUs) convert into common shares on April 1, 2026 (reported as an exercise/conversion of a derivative). The filing also shows a matching disposition of 1,091 shares at $0.00. Separately, she was granted 1,644 RSUs on the same date (reported as an award/grant).
  • The conversion and disposition were reported at $0.00 per share (no cash value shown). The new 1,644 RSUs are a future award that will convert into shares if and when they vest.

Key Details

  • Transaction date(s): April 1, 2026; Form 4 filed April 3, 2026 (timely filing).
  • Actions reported: M (exercise/conversion of derivative) — 1,091 shares acquired and 1,091 shares disposed; A (award/grant) — 1,644 RSUs granted.
  • Prices/values: All entries listed at $0.00 in the filing (common for RSU conversions and non-cash withholding).
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.
  • Relevant footnotes from the filing:
    • F1–F3: The transactions involve RSUs that convert one-for-one into common stock upon vesting.
    • F4: The 1,091 RSUs were granted on April 1, 2025 and vested in full on April 1, 2026 (conversion noted).
    • F5: The 1,644 RSUs were granted on April 1, 2026 and will vest in full on April 1, 2027.
  • No 10b5-1 plan, tax-withholding code, or late filing flag was indicated in the provided details.

Context

  • For retail investors: RSU vesting and conversion are routine compensation events. The matching disposition of the converted shares (reported at $0.00) commonly reflects share withholding or an immediate sale to cover tax withholding obligations rather than an open-market sale, though the filing itself does not state the exact mechanism. The new RSU grant represents future potential shares contingent on vesting next year.