Form 4: Academy Sports Director Receives Equity Grant

Director Shannon Hennessy was granted 3,384 restricted stock units as part of the company's 2020 Omnibus Incentive Plan.

Summary

• Director Shannon Hennessy received a grant of 3,384 restricted stock units (RSUs) on June 15, 2026.
• Each RSU represents a contingent right to receive one share of Academy Sports & Outdoors, Inc. common stock upon vesting.
• The grant was issued under the company's 2020 Omnibus Incentive Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of immediate market impact.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• Vesting is subject to continued service, death, disability, or a change in control, creating potential uncertainty regarding final ownership.

Future Outlook

The RSUs are scheduled to vest on the earlier of the first anniversary of the grant, the business day preceding the next Annual Meeting of Stockholders, or upon specific events such as death, disability, or a change in control.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure board members maintain a vested interest in the company's long-term performance.

Comparison to Industry Standards

• The use of time-based RSU grants for directors is consistent with standard compensation practices among retail and consumer discretionary companies.
• The vesting schedule aligns with typical annual director compensation cycles observed in mid-cap public companies.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; represents standard director compensation.
• Director: Increased equity stake in the company subject to vesting conditions.

Next Steps

• Vesting of the 3,384 RSUs on the earlier of the first anniversary or the next Annual Meeting of Stockholders.

Key Dates

Keywords

Academy Sports, ASO, Form 4, Insider Trading, Equity Compensation, Director Compensation