Johnson Samuel J 4

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.