Form 4: Academy Sports & Outdoors Director Ken C. Hicks Reports Stock Transactions
SEC Form 4
Director Ken C. Hicks reports transactions involving Academy Sports & Outdoors stock, including the vesting and disposal of restricted stock units.
Summary
- On October 30, 2024, Ken C. Hicks, a director of Academy Sports & Outdoors, Inc., reported the vesting of 1,244 restricted stock units (RSUs) which converted into common stock.
- Also on October 30, 2024, 617 shares of common stock were disposed of at a price of $52.165.
- Following these transactions on October 30, 2024, Hicks directly owns 426,821 shares of common stock and 22,714 restricted stock units.
- On October 31, 2024, 1,274 restricted stock units vested and converted into common stock.
- On October 31, 2024, 632 shares of common stock were disposed of at a price of $51.31.
- Following these transactions on October 31, 2024, Hicks directly owns 427,463 shares of common stock and 3,822 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares held by a director.
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 63,760 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 61,133 PRSUs |
| 03/30/2032 | Expiration Date for 63,760 PRSUs |
| 10/30/2024 | Transaction Date: Vesting of 1,244 Restricted Stock Units and disposal of 617 shares. |
| 10/31/2024 | Transaction Date: Vesting of 1,274 Restricted Stock Units and disposal of 632 shares. |
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