Ford Earl Carlton IV 4
4 · Academy Sports & Outdoors, Inc. · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
Academy Sports CFO Ford Carlton Converts RSUs, 499 Shares
What Happened
Ford Earl Carlton IV, EVP & CFO of Academy Sports & Outdoors (ASO), had derivative/award units convert into stock on January 30, 2026. The filing shows conversion/exercise entries for 499 shares and a related tax-withholding disposition of 223 shares at $55.36 each, generating $12,345. A separate derivative line for 499 shares is also reported at $0 (non‑cash settlement/conversion).
Key Details
- Date: 2026-01-30. Transaction codes: M = exercise/conversion of a derivative/award; F = payment of exercise price or tax liability (withholding).
- Reported movements: two M entries for 499 shares (one reported as acquired, one as disposed at $0) and an F entry disposing 223 shares at $55.36 for $12,345 (tax withholding).
- Shares owned after the transaction: not disclosed in the filing.
- Footnotes: F1 notes restricted stock units convert 1-for-1; F3/F4 indicate grants under the 2020 Omnibus Incentive Plan and details on earlier performance‑based RSUs (PRSUs) that vest subject to performance and service conditions; F2 refers to ESPP shares (not specifically tied to these entries).
- Filing timeliness: report dated and filed for the 2026-01-30 period; no late filing indicated.
Context
This appears to be an award/derivative conversion with shares withheld to satisfy tax obligations (a routine, non‑open‑market withholding). For retail investors: tax withholdings and RSU/PRSUs conversions are common and usually administrative — they do not necessarily signal the insider’s view of the stock. M-coded entries indicate conversion/exercise of awards; F-coded entries reflect shares surrendered to cover taxes.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-01-30+499→ 15,068 total - Tax Payment
Common Stock
2026-01-30$55.36/sh−223$12,345→ 14,845 total - Exercise/Conversion
Restricted Stock Units
[F3][F1][F4]2026-01-30−499→ 135 totalExp: 2032-03-30→ Common Stock (499 underlying)
Footnotes (4)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Includes shares of Common Stock acquired under the Issuer's employee stock purchase plan.
- [F3]Granted under the Company's 2020 Omnibus Incentive Plan.
- [F4]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.