Academy Sports (ASO) Director Thomas M. Nealon Receives 3,932 Shares

What Happened

• Thomas M. Nealon, a director of Academy Sports & Outdoors, had 3,932 restricted stock units convert into 3,932 shares of common stock (reported as a derivative exercise, code M) on June 3, 2026. The conversion shows an acquired amount of 3,932 shares; the related derivative disposition is reported at $0.00, indicating a conversion rather than a cash sale.

Key Details

• Transaction date: 2026-06-03 (Form filed same day)
• Transaction codes: M (exercise/conversion of derivative)
• Shares acquired: 3,932 common shares (from RSU conversion)
• Price: reported as N/A for acquisition; derivative disposition listed at $0.00 (no cash proceeds)
• Shares owned after transaction: not specified in the excerpt of the filing
• Footnotes: F1—RSUs convert one-for-one into common stock; F2—granted under the 2020 Omnibus Incentive Plan; F3—these were 3,932 time‑based RSUs granted on June 13, 2025 that vest 100% subject to continued service or certain events (vesting terms described in the Plan)

Context

• This was a vesting/conversion of restricted stock units into common shares, not an open-market purchase or sale. Such conversions are routine compensation events and do not by themselves indicate a buy/sell decision by the insider.