Dastugue Michael 4
4 · Academy Sports & Outdoors, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Academy Sports (ASO) Director Dastugue Receives 1,825 Shares
What Happened
- Michael Dastugue, a director of Academy Sports & Outdoors, had 1,825 restricted stock units (RSUs) convert into 1,825 common shares on June 3, 2026. The Form 4 reports the conversion as an exercise/conversion of a derivative (code M). No cash value or sale proceeds are reported for the converted shares.
Key Details
- Transaction date: 2026-06-03 (reported on the same date).
- Reported transactions: 1,825 shares acquired via exercise/conversion (M); a corresponding disposition line for 1,825 shares is reported at $0.00 (per the filing).
- Shares owned after transaction: not specified in this filing.
- Footnotes: (F1) RSUs convert one-for-one into common stock; (F2) granted under the Company’s 2020 Omnibus Incentive Plan; (F3) these RSUs were granted on Dec 12, 2025 and vest 100% based on continued service or certain events.
- Timeliness: Filing date matches the transaction date (appears timely).
Context
- This was a conversion of RSUs to common stock (derivative conversion), not an open-market purchase or a sale that would indicate cash changing hands. Transaction code M denotes exercise or conversion of a derivative.
- The reported $0.00 disposition likely reflects internal conversion/reporting mechanics rather than an open-market sale; the filing does not show sale proceeds or cash received.
Insider Transaction Report
Form 4
Dastugue Michael
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-03+1,825→ 1,825 total - Exercise/Conversion
Restricted Stock Units
[F2][F1][F3]2026-06-03−1,825→ 0 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