Fulmer Hugh Andrew 4

What Happened Hugh Andrew Fulmer, EVP, Chief Financial Officer, Treasurer and Secretary of American Outdoor Brands, received stock-based awards on May 27, 2026. The grants consist of 16,009 restricted stock units (RSUs) reported at $0.00 and 32,016 performance rights listed as a derivative award (N/A price). The performance rights number represents the maximum potential shares deliverable.

Key Details

• Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (filed within the typical two-business-day window).
• RSUs: 16,009 shares, acquisition price $0.00, reported value $0 (footnote F1).
• Performance rights: 32,016 contingent awards (derivative), price N/A; this is the maximum possible (2× target) (footnote F2).
• Vesting for RSUs: one-third vests and is deliverable, net of withholding, on May 27, 2027, May 1, 2028, and May 1, 2029 (F1).
• Performance rights vest only if cumulative adjusted EBITDA and average return on invested capital targets are met over a three-year performance period; actual shares may be fewer or none (F2).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Transaction code: A = Award/Grant; derivative indicates contingent performance-based rights.

Context RSUs are time-based retention awards that convert to shares on scheduled vesting dates (subject to withholding), while performance rights only convert if predefined financial targets are met; the 32,016 figure is a maximum potential payout (2× target). These are compensation awards rather than open-market purchases or sales, so they reflect company pay practices rather than an immediate insider buy/sell signal.