Dastugue Michael 4
4 · Academy Sports & Outdoors, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Academy Sports (ASO) Director Michael Dastugue Receives RSU Award
What Happened
Michael Dastugue, a director of Academy Sports & Outdoors, was granted 3,384 restricted stock units (RSUs) on June 15, 2026. The grant is recorded as a derivative award at $0.00 per share (i.e., an equity award rather than a cash purchase). Each RSU represents a contingent right to receive one share of common stock if and when the RSUs vest.
Key Details
- Transaction date: 2026-06-15; Form filed: 2026-06-16 (next‑day filing).
- Transaction type: Grant/Award of RSUs (Code A); 3,384 RSUs granted at $0.00.
- Vesting: 100% vests on the earlier of (i) the first anniversary of the grant (or the business day before the next annual meeting if earlier), (ii) termination due to death or Disability, or (iii) a Change in Control.
- Plan: Granted under the Company’s 2020 Omnibus Incentive Plan (as amended).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Timeliness: Filing covers the transaction date (6/15/2026) and was filed on 6/16/2026 — no late filing flag shown.
Context
RSU grants are common compensation for directors and are a promise to deliver shares in the future if vesting conditions are met; they are not an immediate purchase of stock and do not signal an immediate cash flow by the insider. Upon vesting and issuance of shares, there may be dilution to existing shareholders and potential tax withholding (noted tax-withholding specifics were not included in the excerpt).
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).