Stack Michael E. 4

What Happened
Michael E. Stack, a reported 10% owner of DICK'S Sporting Goods (DKS), was awarded 1,436 shares on March 24, 2026. The Form 4 shows the shares were acquired at $0.00 (an award/grant), representing performance-based units tied to a grant made April 3, 2025. The issuer's compensation committee certified above-target performance on March 24, 2026; these units still must meet time-based vesting requirements before they become fully owned/transferable.

Key Details

• Transaction date: 2026-03-24; reported on Form 4 filed 2026-03-26 (filed within the typical 2‑business‑day window).
• Transaction type/code: A (Award/Grant); shares: 1,436; price: $0.00 (award).
• These 1,436 units were earned under a performance-based award granted 2025-04-03 and certified 2026-03-24; they remain subject to time-based vesting.
• Reported beneficial holdings include Class B common stock: 11,965,997 shares (plus 24,142 unregistered Class B shares), totaling roughly 11.99 million Class B shares.
• Class B shares carry 10 votes per share and are convertible to common stock at the holder’s option.
• The reporting person has shared investment authority as manager of trustee entities for family trusts and disclaims beneficial ownership except to the extent of pecuniary interest.

Context
This was an award of earned performance units, not an open‑market purchase or sale—such awards reflect company compensation outcomes and are distinct from insider buying/selling as a market signal. Because the units remain subject to time-based vesting, they are not fully liquid yet. As a 10% owner with large Class B holdings and shared trustee authority, Stack’s filing largely documents compensation and trust arrangements rather than routine trading activity.