Form 4: Academy Sports & Outdoors CEO Steven Lawrence Reports Stock Transactions
SEC Form 4
CEO Steven Paul Lawrence reports the acquisition and disposal of Academy Sports & Outdoors, Inc. common stock and restricted stock units.
Summary
- On June 9, 2024, Steven Paul Lawrence, CEO of Academy Sports & Outdoors, Inc., reported the conversion of 9,916 restricted stock units into common stock.
- Following this transaction, Lawrence directly owns 140,847 shares of common stock.
- On June 10, 2024, Lawrence disposed of 2,873 shares of common stock at a price of $55.04.
- After this disposal, Lawrence directly owns 137,974 shares of common stock.
- Lawrence also directly owns 19,834 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company leadership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders as they provide insight into the CEO's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 06/09/2023 | Reporting Person was granted 29,750 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date. |
| 06/09/2024 | Conversion of 9,916 restricted stock units into common stock. |
| 06/10/2024 | Disposal of 2,873 shares of common stock at $55.04. |
| 06/09/2033 | Expiration date of restricted stock units. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.