McCabe Matthew M. 4

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.