Academy Sports & Outdoors, Inc.·4

Jan 30, 4:06 PM ET

McCabe Matthew M. 4

4 · Academy Sports & Outdoors, Inc. · Filed Jan 30, 2026

Research Summary

AI-generated summary of this filing

Updated

ASO EVP Matthew McCabe Receives 499 Shares (RSU/PRSU Vesting)

What Happened

  • Matthew M. McCabe, Executive Vice President & Chief Marketing Officer of Academy Sports & Outdoors (ASO), had 499 restricted stock units/performance-based RSUs convert into 499 common shares on January 30, 2026.
  • To satisfy tax withholding, 223 of those shares were surrendered at $55.36 per share for a withholding amount of $12,345. That leaves a net of 276 shares that McCabe received.
  • This was not an open-market sale or purchase by the insider; it was vesting/conversion of award shares with a portion withheld for taxes (routine).

Key Details

  • Transaction date: 2026-01-30.
  • Conversion: 499 shares resulted from exercise/conversion of derivative awards (RSUs/PRSUs). No cash paid for the conversion is reported.
  • Tax withholding: 223 shares withheld at $55.36/share for $12,345 (coded F — payment of exercise price or tax liability).
  • Net shares received: 499 - 223 = 276 shares (based on the reported entries).
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Footnotes: F1 — RSUs convert one-for-one into common stock; F2 — awards granted under the 2020 Omnibus Incentive Plan; F3 — these PRSUs stem from a 2022 grant with earlier certification of ~93.7% performance, and remaining vesting subject to prior schedule/conditions.
  • Timeliness: Reported on 2026-01-30 for transactions on the same date (no late filing indicated).

Context

  • This was a vesting/conversion of equity awards (RSUs/PRSUs). The withholding of shares to cover taxes is a common, routine mechanism and does not indicate an open-market sale by the insider.
  • For investors, award vesting shows executive compensation being realized but should be considered separately from deliberate buy/sell decisions made in the open market.

Insider Transaction Report

Form 4
Period: 2026-01-30
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-01-30+49919,366 total
  • Tax Payment

    Common Stock

    2026-01-30$55.36/sh223$12,34519,143 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F1][F3]
    2026-01-30499135 total
    Exp: 2032-03-30Common Stock (499 underlying)
Footnotes (3)
  • [F1]Restricted stock units convert into common stock on a one-for-one basis.
  • [F2]Granted under the Company's 2020 Omnibus Incentive Plan.
  • [F3]On March 30, 2022, the Reporting Person was granted 2,125 performance-based restricted stock units ("PRSUs"). These PRSUs vest if certain performance criteria and/or Issuer stock price conditions are met and certified by the Issuer's compensation committee. On March 1, 2023, the Issuer's compensation committee certified achievement of 93.7% of the performance criteria during fiscal 2022 meaning that 1,990 PRSUs were deemed earned. Of this earned amount, 25% of the earned amount of this grant vested on March 1, 2023, and the remaining 75% will vest in three equal annual installments beginning on January 30, 2024, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The remaining unearned amount of this grant (i.e., 135 PRSUs) may vest upon certification by the Issuer's compensation committee of achievement of certain Issuer stock price conditions as of January 30, 2026.
Signature
/s/ Gary Holland, Attorney-in-Fact|2026-01-30

Documents

1 file
  • 4
    wk-form4_1769807166.xmlPrimary

    FORM 4