Form 4: Academy Sports & Outdoors Director Ken C. Hicks Reports Stock Transactions
SEC Form 4 Filing
Director Ken C. Hicks of Academy Sports & Outdoors, Inc. reports the vesting of restricted stock units and subsequent disposition of shares to cover tax obligations.
Summary
- On April 30, 2025, Ken C. Hicks, a director of Academy Sports & Outdoors, Inc., reported transactions involving common stock and restricted stock units.
- 1,245 restricted stock units vested and converted into common stock on a one-for-one basis.
- 402 shares were disposed of at a price of $38 to satisfy tax obligations related to the vesting of the restricted stock units.
- Following these transactions, Hicks directly owns 439,963 shares of common stock and 15,249 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, which carries a neutral sentiment.
Future Outlook
The remaining unearned amount of this grant (i.e., 4,047 PRSUs) may vest upon certification by the Issuer's compensation committee of achievement of certain Issuer stock price conditions as of January 30, 2026.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common among publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the director's holdings.
- The transactions have no direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/30/2022 | Reporting Person was granted 63,760 performance-based restricted stock units ('PRSUs'). |
| 01/30/2022 | Vesting Commencement Date for PRSUs. |
| 03/01/2023 | Issuer's compensation committee certified achievement of 93.7% of the performance criteria during fiscal 2022 meaning that 59,713 PRSUs were deemed earned. |
| 01/30/2026 | Remaining unearned amount of PRSUs may vest upon certification by the Issuer's compensation committee of achievement of certain Issuer stock price conditions. |
| 03/30/2032 | Expiration date of Restricted Stock Units. |
| 04/30/2025 | Date of reported transactions: vesting of restricted stock units and disposition of shares. |
Keywords
Form 4, Beneficial Ownership, Restricted Stock Units, Common Stock, Academy Sports & Outdoors, Director, ASO, Vesting
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