Ford Earl Carlton IV 4

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.