Beck Wendy A. 4
Research Summary
AI-generated summary
Academy Sports (ASO) Director Wendy Beck Receives RSU Award
What Happened
Wendy A. Beck, a director of Academy Sports & Outdoors, was granted 3,384 restricted stock units (RSUs) on June 15, 2026. The award is recorded as a derivative acquisition at $0.00 per unit (no cash exchanged). These RSUs represent contingent rights to receive one share of common stock upon vesting; the filing does not report an immediate transfer of shares.
Key Details
- Transaction date: 2026-06-15; Form 4 filed 2026-06-16. Price: $0.00 per RSU (award).
- Amount: 3,384 RSUs granted (derivative award). Total immediate cash value in filing: $0.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: Award made under the company’s 2020 Omnibus Incentive Plan. Each RSU converts to one share upon vesting (F1, F2).
- Vesting: 100% time-based vesting on the earliest of (i) first anniversary of grant (or the business day before the next Annual Meeting), (ii) termination due to death or disability, or (iii) a Change in Control (F3).
- Timeliness: Filing covers a 6/15/2026 grant and was filed on 6/16/2026 — not indicated as late.
Context
This was a compensation grant (RSUs), not an open-market purchase or sale. RSUs are contingent awards that do not convey voting rights or actual shares until they vest/settle; they are commonly used for director and executive compensation. Such awards are informational about compensation practices but do not by themselves indicate insider buying or selling sentiment.