Fulmer Hugh Andrew 4

What Happened
Hugh Andrew Fulmer, EVP, Chief Financial Officer, Treasurer and Secretary of American Outdoor Brands (AOUT), had 3,482 shares of common stock withheld by the company to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The transactions on the Form 4 are: 817 shares withheld at $9.36 on 2026-05-02 (value $7,647); 1,380 shares withheld at $9.60 on 2026-05-01 (value $13,248); and 1,285 shares withheld at $9.60 on 2026-05-01 (value $12,336). Total value of shares withheld is approximately $33,231. These were tax-withholding dispositions (transaction code F), not open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-05-02: 817 shares withheld @ $9.36 = $7,647
  • 2026-05-01: 1,380 shares withheld @ $9.60 = $13,248
  • 2026-05-01: 1,285 shares withheld @ $9.60 = $12,336
• Total shares withheld: 3,482; total value ≈ $33,231.
• Shares owned after the reported transactions: not specified in the provided filing excerpt.
• Footnotes:
  • F1: Shares were withheld by the issuer to satisfy tax withholding for RSU vesting.
  • F2: Notes include 858 and 1,777 shares acquired under the company’s Employee Stock Purchase Plan on 2025-09-30 and 2026-03-31, respectively (relates to reported holdings).
• Filing date: Form 4 filed 2026-05-05 (the filing date is 3–4 days after the transactions based on provided dates; no late-filing flag was included in the supplied data).

Context
Tax-withholding dispositions are routine when equity awards vest: the company retains (withholds) shares to cover the insider’s tax obligations. This is not an open-market sale and does not necessarily indicate a change in the insider’s view of the stock. Transaction code F denotes withholding for taxes rather than a sale (S) or purchase (P).