Form 4: Academy Sports & Outdoors Director Granted RSUs

Academy Sports & Outdoors Director Ken C. Hicks was granted 5,801 restricted stock units on June 15, 2026, vesting on the first anniversary of the grant date or earlier under specific conditions.

Summary

• Ken C. Hicks, a Director at Academy Sports & Outdoors, Inc., was granted 5,801 restricted stock units (RSUs) on June 15, 2026.
• These RSUs are part of the Company's 2020 Omnibus Incentive Plan.
• Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.
• The RSUs vest 100% on the earliest of: the first anniversary of the grant date, the business day preceding the Issuer's next Annual Meeting of Stockholders, the Reporting Person's termination due to death or disability, or a Change in Control.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard compensation grant to a director rather than a significant financial event or strategic shift.

Positives

• Grant of restricted stock units to a Director indicates a commitment to aligning executive and director interests with shareholder value.
• The vesting schedule, tied to continued service and specific corporate events, incentivizes long-term commitment and performance.

Risks

• The value of the RSUs is subject to the future performance of Academy Sports & Outdoors' common stock.
• Vesting is contingent on continued service, meaning forfeiture is possible if the director leaves the company before the vesting date, except under specific termination conditions.

Future Outlook

The RSUs are subject to vesting conditions, including continued service and specific corporate events, which will determine the future issuance of common stock to the reporting person.

Industry Context

StockSavvy.ai notes that the granting of restricted stock units to directors is a common practice in the retail sector to incentivize long-term performance and align leadership with shareholder interests.

Stakeholder Impact

• Shareholders: The grant aligns director compensation with company performance, potentially benefiting shareholders if the stock price increases.
• Employees: The grant is part of the overall compensation structure and may indirectly influence employee morale and retention if perceived as fair and performance-driven.

Next Steps

• Vesting of the restricted stock units on the earliest of the specified conditions.
• Potential issuance of Academy Sports & Outdoors common stock to Ken C. Hicks upon vesting.

Key Dates

Keywords

Academy Sports & Outdoors, ASO, Form 4, Restricted Stock Units, RSU, Director Compensation, Insider Trading, Securities Exchange Act, Omnibus Incentive Plan, Executive Compensation