Form 4: Academy Sports & Outdoors Director Ken C. Hicks Reports Stock Transactions
SEC Form 4 Filing
Director Ken C. Hicks reports acquisition and disposal of common stock and restricted stock units in Academy Sports & Outdoors, Inc.
Summary
- On June 30, 2024, Ken C. Hicks, a director of Academy Sports & Outdoors, Inc., acquired 1,244 and 1,274 shares of common stock through the conversion of restricted stock units.
- Also on June 30, 2024, 1,244 and 1,274 restricted stock units were disposed of.
- On July 1, 2024, 992 shares of common stock were disposed of at a price of $53.25.
- Following these transactions, Hicks directly owns 497,645 shares of common stock, 27,689 restricted stock units related to the 2022 grant, and 8,918 restricted stock units related to the 2021 grant.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into the actions of a key executive at Academy Sports & Outdoors.
Key Dates
| Date | Description |
|---|---|
| 03/31/2021 | Reporting Person was granted 61,133 PRSUs. |
| 01/31/2021 | Vesting Commencement Date for 61,133 PRSUs. |
| 03/30/2022 | 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 | 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. |
| 03/31/2031 | Expiration date for Restricted Stock Units (2). |
| 03/30/2032 | Expiration date for Restricted Stock Units (2). |
| 06/30/2024 | Transactions involving common stock and restricted stock units occurred. |
| 07/01/2024 | 992 shares of common stock were disposed of at $53.25 per share. |
| 07/02/2024 | Date of signature for the report. |
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