Fisch Robert 4
Research Summary
AI-generated summary
Ollie's (OLLI) Director Robert Fisch Receives Shares via RSU Vesting
What Happened
Robert Fisch, a director of Ollie's Bargain Outlet Holdings, Inc. (OLLI), reported RSU activity on April 1, 2026. A restricted stock award converted upon vesting into 1,091 common shares (reported as both acquired and disposed at $0.00), and he received a new RSU grant of 1,644 shares (reported as an award at $0.00). These transactions reflect compensation-related vesting and a new restricted stock unit grant rather than an open‑market purchase or sale.
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (appears timely).
- Converted/vested: 1,091 shares (reported as Exercise/Conversion of a derivative, $0.00).
- Disposition: 1,091 shares (reported as a derivative disposition, $0.00).
- Grant: 1,644 RSUs awarded (reported as Grant/Award, $0.00).
- Shares owned after transaction: not specified in the filing.
- Relevant footnotes:
- F1: Conversion was the vesting of a restricted stock award into common stock.
- F2–F3: RSUs convert one-for-one into common stock; each RSU is a contingent right to one share.
- F4: RSUs granted April 1, 2025 vested in full on April 1, 2026 (this produced the 1,091 shares).
- F5: RSUs granted April 1, 2026 will vest in full on April 1, 2027 (the 1,644 RSUs).
- The reported $0.00 prices reflect conversion/awards (no cash purchase). The matched acquisition and disposition of 1,091 shares commonly indicates share surrender/withholding to cover tax obligations, although the filing does not detail the tax mechanics.
Context
These entries are routine compensation events: vested RSUs converting to common stock and a new RSU grant with a one‑year vesting horizon. Such awards do not necessarily indicate a director’s market view; purchases (direct cash buys) are typically more informative about bullish conviction. The A-coded grant vests later (4/1/2027), while the converted shares were immediately reported and partly/fully surrendered as shown by the derivative disposition.