Johnson Samuel J 4

What Happened
Samuel J. Johnson, President of Academy Sports & Outdoors (ASO), had 827 time‑based restricted stock units convert into 827 common shares on June 9, 2026. To cover tax withholding, 326 of those shares were surrendered at $51.67 per share for a total withholding of $16,844, leaving 501 net shares issued to him. The filing shows the RSU units were converted (derivative disposition) and common shares were issued.

Key Details

• Transaction date: 2026-06-09.
• Conversion: 827 RSUs converted one-for-one into 827 common shares (reported as derivative exercise/conversion).
• Tax withholding: 326 shares disposed at $51.67/share for $16,844 (to satisfy tax liability).
• Net shares received: 827 converted − 326 withheld = 501 shares issued to Johnson.
• Footnotes: RSUs convert one-for-one to common stock (F1); granted under the 2020 Omnibus Incentive Plan (F2); original grant was 2,479 RSUs on June 9, 2023 vesting in three equal annual installments (F3).
• Shares owned after the transaction: not specified in the provided filing data.

Context
This was a scheduled vesting/conversion of time‑based RSUs rather than an open‑market purchase or voluntary sale. The filing shows shares were withheld to satisfy tax obligations (a common administrative step), not an economic sale by the insider. The Form 4 records both the conversion of the derivative RSUs and the share withholding for taxes.