HICKS KEN C 4

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

AI-generated summary of this filing

Updated Jan 30, 2026

Academy Sports (ASO) Director Ken Hicks Converts RSUs, Withholds Shares

What Happened

Ken C. Hicks, a director of Academy Sports & Outdoors (ASO), had 1,245 restricted stock units (RSUs/PRSUs) convert into common shares on January 30, 2026. To satisfy tax withholding, 402 of those shares were withheld at $55.36 per share for a withholding value of $22,255. Net shares received by Hicks were 843.
The Form 4 reports the conversion/exercise of derivative awards (transaction code M) and a tax-withholding share surrender (code F). The filing shows a $0.00 disposal entry for the derivative conversion, which in these filings typically reflects the settlement/termination of the underlying award.

Key Details

Transaction date: 2026-01-30.
Conversion: 1,245 RSUs converted to 1,245 common shares (code M).
Tax withholding: 402 shares withheld at $55.36 per share = $22,255 (code F).
Net shares retained: 843 (1,245 converted − 402 withheld).
Shares owned after transaction: not specified in the provided filing excerpt.
Footnotes: RSUs convert 1-for-1 (F1); awards granted under the 2020 Omnibus Incentive Plan (F2); these were performance-based RSUs from a March 30, 2022 grant with partial vesting and potential additional vesting tied to stock-price conditions (F3).
Filing timing: transactions and the report are dated the same day (2026-01-30) — no late filing indicated in the provided data.

Context

This was not an open-market purchase or sale by Hicks; it was the routine conversion/vesting of equity awards with shares surrendered to cover tax obligations (a common practice that is effectively a cashless tax-withholding method).
The PRSU footnote notes some of the original grant remains contingent on future certification of stock-price conditions (4,047 PRSUs may still vest if certified).
The filing is factual and routine; it does not by itself indicate Hicks’ view on ASO’s stock.

Form 4

Period: 2026-01-30

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-01-30+1,245→ 452,182 total
Tax Payment
Common Stock
2026-01-30$55.36/sh−402$22,255→ 451,780 total
Exercise/Conversion
Restricted Stock Units
[F2][F1][F3]
2026-01-30−1,245→ 4,047 total
Exp: 2032-03-30→ Common Stock (1,245 underlying)

Footnotes (3)

[F1]Restricted stock units convert into common stock on a one-for-one basis.
[F2]Granted under the Company's 2020 Omnibus Incentive Plan.
[F3]On March 30, 2022, the Reporting Person was granted 63,760 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 59,713 PRSUs were deemed earned. Of this earned amount, 1/48 of the PRSUs earned will vest for every monthly anniversary since the Vesting Commencement Date (i.e., January 30, 2022), and thereafter, 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., 4,047 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

1 file