Academy Sports & Outdoors, Inc.·4

Jun 3, 4:20 PM ET

Hennessy Shannon 4

4 · Academy Sports & Outdoors, Inc. · Filed Jun 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Academy Sports (ASO) Director Shannon Hennessy Receives 1,825 Shares

What Happened

  • Shannon Hennessy, a director of Academy Sports & Outdoors, had 1,825 restricted stock units (RSUs) vest and convert into 1,825 shares of common stock on June 3, 2026. The filing reports the acquisition via derivative conversion and a matching disposal entry at $0.00; no cash value is reported for the conversion.

Key Details

  • Transaction date: 2026-06-03. Transaction code: M (exercise/conversion of a derivative).
  • Acquired: 1,825 shares via conversion of RSUs (price N/A). Disposed: 1,825 shares reported at $0.00 in the filing.
  • Shares owned after the transaction: not disclosed in this filing.
  • Relevant footnotes in the filing:
    • F1: RSUs convert into common stock on a one-for-one basis.
    • F2: Awards granted under the Company’s 2020 Omnibus Incentive Plan.
    • F3: The 1,825 time‑based RSUs were granted on Dec 12, 2025 and vest 100% upon the earlier of the first anniversary of grant (or the business day prior to the next annual meeting), death/disability, or a change in control.
  • Filing timeliness: reported on the same date (timely).

Context

  • This was a compensation-related vesting/conversion of RSUs, not an open-market purchase or sale. Such conversions are routine director compensation and do not by themselves indicate a buy or sell decision on the market.
  • The filing shows a matching $0.00 disposal line tied to the conversion; the form does not provide an explanatory note (e.g., tax withholding), so no assumption about proceeds should be made.

Insider Transaction Report

Form 4
Period: 2026-06-03
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-03+1,8251,825 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F1][F3]
    2026-06-031,8250 total
    Common Stock (1,825 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, as amended (the "Plan").
  • [F3]On December 12, 2025, the Reporting Person was granted 1,825 time-based restricted stock units that vest 100%, subject to the Reporting Person's continued service with the Issuer, on the earliest of (i) the first anniversary of the date of grant, or, if earlier, the date which is the business day immediately preceding the date of the Issuer's next Annual Meeting of Stockholders, (ii) the Reporting Person's termination due to death or Disability (as defined in the Plan), or (iii) a Change in Control (as defined in the Plan).
Signature
/s/ Gary Holland, Attorney-in-Fact|2026-06-03

Documents

1 file
  • 4
    wk-form4_1780518000.xmlPrimary

    FORM 4