Hennessy Shannon 4

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.