MARLEY BRIAN T 4
Research Summary
AI-generated summary
Academy Sports (ASO) Director Brian Marley Receives RSU Award
What Happened
- Brian T. Marley, a director of Academy Sports & Outdoors, was granted 3,384 restricted stock units (RSUs) on June 15, 2026. The grant price is $0.00 (these are derivative awards, not an open‑market purchase or sale). The filing reports the award but does not show any cash exchanged at grant.
Key Details
- Transaction date: 2026-06-15; Form 4 filed: 2026-06-16 (timely).
- Security: Restricted Stock Units (derivative); Amount: 3,384 RSUs; reporting price at grant: $0.00.
- Shares owned after transaction: not specified in the filing excerpt provided.
- Footnotes: granted under the Company’s 2020 Omnibus Incentive Plan; each RSU converts to one share of common stock upon vesting.
- Vesting: 100% vests contingent on continued service on the earliest of (i) the first anniversary of 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.
- No indication of a 10b5‑1 plan, tax withholding sale, or immediate sale of shares in the filing.
Context
- RSUs are a form of equity compensation that give the recipient a contingent right to receive shares later; they are not an immediate cash purchase or sale and do not necessarily signal near‑term buying or selling. Vesting conditions determine if and when the RSUs convert into actual shares.