Johnson Clay M 4
4 · Academy Sports & Outdoors, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Academy Sports (ASO) Director Clay M Johnson Receives RSU Award
What Happened
Clay M. Johnson, a director of Academy Sports & Outdoors, was granted 3,384 restricted stock units (RSUs) on June 15, 2026. The award is a derivative grant (transaction code A) with a reported acquisition price of $0.00 (no immediate cash paid). Each RSU is a contingent right to one share of common stock upon vesting.
Key Details
- Transaction date: 2026-06-15; Form 4 filed 2026-06-16 (timely filing).
- Grant: 3,384 time‑based RSUs; reported price $0.00; immediate value recorded as $0 (derivative award).
- Shares owned after transaction: not disclosed in this Form 4.
- Plan: Granted under the Company’s 2020 Omnibus Incentive Plan.
- Vesting: 100% vests on the earliest of (i) first anniversary of grant (or, if earlier, the business day before the next Annual Meeting), (ii) termination due to death or Disability, or (iii) a Change in Control.
- Transaction type: Award/Grant (A); not a purchase or sale of shares.
Context
RSUs are common director/executive compensation and do not transfer actual shares until vesting; they typically create taxable income when they vest (or when shares are delivered), not at grant. This grant is routine compensation rather than an open‑market purchase or sale and should be interpreted as a compensation event, not a direct bullish or bearish trade signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-06-15+3,384→ 3,384 total→ Common Stock (3,384 underlying)
Footnotes (3)
- [F1]Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan").
- [F2]Each restricted stock unit represents a contingent right upon vesting to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock").
- [F3]On June 15, 2026, the Reporting Person was granted 3,384 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).