Dastugue Michael 4

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.