McCabe Matthew M. 4

4 · Academy Sports & Outdoors, Inc. · Filed Mar 23, 2026

AI-generated summary of this filing

Updated Mar 23, 2026

Academy Sports (ASO) EVP McCabe Receives 34,628 RSU Awards

What Happened

Matthew M. McCabe, EVP & Chief Marketing Officer of Academy Sports & Outdoors (ASO), was granted a total of 34,628 restricted stock units (17,314 performance-based RSUs and 17,314 time-based RSUs) on March 20, 2026. These awards are grants (Form 4 code A) under the company’s 2020 Omnibus Incentive Plan.
On March 23, 2026, 1,289 derivative shares converted/vested (code M). To satisfy tax withholding obligations, 529 of those shares were withheld at an indicated value of $51.98 per share, totaling $27,497 (code F). After withholding, 760 vested shares were delivered to McCabe.

Key Details

Grant date(s): March 20, 2026 (34,628 RSUs granted). Vest/conversion date: March 23, 2026 (1,289 shares converted).
Tax withholding: 529 shares withheld @ $51.98 = $27,497 (reported as disposal for withholding, code F).
PRSU terms: the 17,314 performance-based RSUs vest only if pre-set performance metrics over a 3-year period (Feb 1, 2026–Feb 3, 2029) are met and may pay from 0% to 200% of the target (i.e., 0 to 34,628 shares for that award).
Time-based RSUs: 17,314 time-based RSUs vest in three equal annual installments, subject to continued service.
RSU conversion: Each RSU converts one-for-one into common stock upon vesting.
Shares owned after transaction: not specified in the filing.
Filing date: March 23, 2026; filing appears timely relative to the reported transactions.

Context

The 529-share transfer was a tax-withholding event (not an open-market sale). Withholding to cover taxes is a routine administrative step following vesting, not necessarily a bearish signal.
Performance-based RSUs are contingent on future metrics and may result in more, fewer, or no shares depending on outcomes; time-based RSUs vest over several years and are subject to continued employment.
These entries reflect awards and routine tax withholding rather than an open-market purchase or discretionary sale by the insider.

Form 4

Period: 2026-03-20

EVP & CMO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-23+1,289→ 20,506 total
Tax Payment
Common Stock
2026-03-23$51.98/sh−529$27,497→ 19,977 total
Award
Restricted Stock Units
[F2][F3][F4]
2026-03-20+17,314→ 17,314 total
Exp: 2036-03-20→ Common Stock (17,314 underlying)
Award
Restricted Stock Units
[F2][F3][F5]
2026-03-20+17,314→ 17,314 total
Exp: 2036-03-20→ Common Stock (17,314 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F3][F6]
2026-03-23−1,289→ 0 total
Exp: 2033-03-21→ Common Stock (1,289 underlying)

Footnotes (6)

[F1]Restricted stock units convert into one share of Issuer common stock, par value $0.01 per share ("Common Stock") on a one-for-one basis.
[F2]Granted under the Company's 2020 Omnibus Incentive Plan.
[F3]Each restricted stock unit represents a contingent right to receive one share of Issuer Common Stock.
[F4]On March 20, 2026, the Reporting Person was granted 17,314 performance-based restricted stock units ("PRSUs"). These PRSUs vest if certain preestablished performance metrics related to the Company's (i) adjusted pre-tax income, (ii) return on invested capital, and (iii) adjusted free cash flow over a 3-year period beginning on February 1, 2026 and ending on February 3, 2029, are achieved and certified by the Issuer's compensation committee (which, if any, may vary from 0% to 200% of the number shown above), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
[F5]On March 20, 2026, subject to the Reporting Person's continued service, the Reporting Person was granted 17,314 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date.
[F6]On March 21, 2023, subject to the Reporting Person's continued service, the Reporting Person was granted 3,865 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date.

Signature

/s/ Gary Holland, Attorney-in-Fact|2026-03-23

1 file