van der Valk Eric 4
4 · Ollie's Bargain Outlet Holdings, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Ollie's (OLLI) CEO Eric van der Valk Exercises RSUs/Options, Sells Shares
What Happened
Eric van der Valk, President, CEO and a director of Ollie's Bargain Outlet Holdings (OLLI), had restricted equity vest on April 1, 2026. 1,853 shares converted/vested into common stock (fair market value ~$169.1K at $91.24 per share). To cover tax withholding, 806 of those shares were surrendered/cancelled (value ~$73.5K). On the same date he was also granted 26,852 RSUs and 61,235 stock options (derivative awards) as part of compensation.
Key Details
- Transaction date: April 1, 2026; Form filed April 3, 2026 (appears timely).
- Vesting/conversion: 1,853 shares converted into common stock (code M). Gross value ≈ $169,068 (1,853 × $91.24).
- Tax withholding: 806 shares disposed/cancelled to satisfy withholding (code F) for ~$73,539 (806 × $91.24); exempt under Rule 16b-3(e) per filing.
- Grants/awards: 26,852 RSUs and 61,235 stock options reported as awards (code A); these are derivative awards, not immediately tradable shares.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: RSUs convert one-for-one to common stock; RSU/option grants vest in 25% annual installments per the schedules disclosed (see F6–F8). Price shown ($91.24) is closing market price on Apr 1, 2026.
Context
- The 806-share disposition was not an open-market sale of existing stock but share withholding/cancellation to satisfy tax obligations from vesting (a routine, non-discretionary event).
- The new RSU and option grants vest over several years (25% per year) and do not represent immediate share sales or purchases.
- Such award vesting and tax-withholding transactions are common executive compensation mechanics and should not be read as a direct buy/sell signal about the CEO's view of the stock.
Insider Transaction Report
Form 4
van der Valk Eric
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
[F1][F2]2026-04-01+1,853→ 13,981 total - Tax Payment
Common Stock, par value $0.001 per share
[F3][F4]2026-04-01$91.24/sh−806$73,539→ 13,175 total - Exercise/Conversion
Restricted Stock Units
[F5][F1][F6]2026-04-01−1,853→ 3,704 total→ Common Stock (1,853 underlying) - Award
Restricted Stock Units
[F5][F7]2026-04-01+26,852→ 26,852 total→ Common Stock (26,852 underlying) - Award
Employee Stock Option (right to buy)
[F8]2026-04-01+61,235→ 61,235 totalExercise: $91.24Exp: 2036-04-01→ Common Stock (61,235 underlying)
Footnotes (8)
- [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 April 1, 2026.
- [F5]Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.
- [F6]RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2024, subject to continued service through each applicable vesting date. The reporting person was granted 7,409 RSUs, of which 1,852 vested on April 1, 2025; 1,853 vested on April 1, 2026; 1,852 vest on April 1, 2027; and 1,852 vest on April 1, 2028.
- [F7]RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 26,852 RSUs, of which 6,713 vest on April 1, 2027; 6,713 vest on April 1, 2028; 6,713 vest on April 1, 2029; and 6,713 vest on April 1, 2030.
- [F8]Options vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2026, subject to continued service through each applicable vesting date. The reporting person was granted 61,235 options, of which 15,309 vest on April 1, 2027; 15,309 vest on April 1, 2028; 15,308 vest on April 1, 2029; and 15,309 vest on April 1, 2030.
Signature
/s/ James J. Comitale as Attorney-In-Fact|2026-04-03