Form 4: Academy Sports & Outdoors Director Ken C. Hicks Reports Stock Transactions
SEC Form 4
Director Ken C. Hicks reports acquisition and disposal of Academy Sports & Outdoors stock and restricted stock units.
Summary
- On December 30, 2024, Ken C. Hicks, a director of Academy Sports & Outdoors, acquired 1,243 shares of common stock through the conversion of restricted stock units and disposed of 998 shares to cover tax obligations at a price of $60.05.
- Following these transactions, Hicks directly owns 428,977 shares of common stock.
- On December 31, 2024, Hicks acquired 1,274 shares of common stock through the conversion of restricted stock units and disposed of 632 shares to cover tax obligations at a price of $57.92.
- Following these transactions, Hicks directly owns 429,619 shares of common stock.
- Hicks also holds 1,274 restricted stock units that convert into common stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating neutral sentiment as it simply reports transactions.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. These transactions are often related to equity compensation plans.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, but are unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 03/31/2021 | Reporting Person was granted 61,133 PRSUs. |
| 01/31/2021 | Vesting Commencement Date for 61,133 PRSUs. |
| 03/02/2022 | Issuer's compensation committee certified 100% achievement of the performance criteria during fiscal 2021. |
| 03/30/2022 | Reporting Person was granted 63,760 performance-based restricted stock units (PRSUs). |
| 01/30/2022 | Vesting Commencement Date for 59,713 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 | Date to certify achievement of certain Issuer stock price conditions for 4,047 PRSUs. |
| 03/31/2031 | Expiration Date for Restricted Stock Units. |
| 03/30/2032 | Expiration Date for Restricted Stock Units. |
| 12/30/2024 | Director Ken C. Hicks reports stock transactions. |
| 12/31/2024 | Director Ken C. Hicks reports stock transactions. |
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