Johnson Samuel J 4

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

Research Summary

AI-generated summary of this filing

Updated

Academy (ASO) President Samuel J. Johnson Converts 1,991 Shares

What Happened

  • Samuel J. Johnson, President of Academy Sports & Outdoors (ASO), had 1,991 derivative units (restricted/performance-based stock units) convert into common stock on January 30, 2026. Of those, 863 shares were withheld to cover tax withholding at $55.36 per share, totaling $47,776, leaving a net 1,128 shares issued to him. The filing shows the derivative conversion/exercise entries with no cash proceeds, indicating a conversion/settlement rather than an open-market sale.

Key Details

  • Transaction date: 2026-01-30.
  • Converted/exercised (code M): 1,991 shares.
  • Tax withholding (code F): 863 shares withheld at $55.36/share = $47,776.
  • Net shares received: 1,128 shares (1,991 − 863).
  • Filing timeliness: Reported on the same date (2026-01-30), appears timely.
  • Footnotes: F1 indicates RSUs convert one-for-one into common stock; F4 describes the underlying PRSU grant (granted Mar 30, 2022) and the vesting/certification schedule that led to earned/vested shares.
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.

Context

  • This was a conversion/settlement of restricted/performance-based equity, not an open-market purchase or sale. The withholding of shares to satisfy tax obligations is a routine administrative step following vesting/conversion and does not necessarily signal a trade decision. Transaction codes: M = exercise/conversion of a derivative (here, RSU/PRSU conversion), F = shares withheld for tax withholding.

Insider Transaction Report

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

    Common Stock

    [F1][F2]
    2026-01-30+1,99197,839 total
  • Tax Payment

    Common Stock

    2026-01-30$55.36/sh863$47,77696,976 total
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F1][F4]
    2026-01-301,991540 total
    Exp: 2032-03-30Common Stock (1,991 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 8,501 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 7,961 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., 540 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_1769807466.xmlPrimary

    FORM 4