Form 4: Academy Sports & Outdoors Director Receives Restricted Stock Unit Grant

Thomas M. Nealon, a Director at Academy Sports & Outdoors, Inc. (ASO), was granted 3,932 restricted stock units (RSUs) on June 13, 2025, under the company's 2020 Omnibus Incentive Plan.

Summary

• Thomas M. Nealon, a Director of Academy Sports & Outdoors, Inc. (ASO), received a grant of 3,932 Restricted Stock Units (RSUs).
• The grant date for these RSUs was June 13, 2025.
• Each RSU represents a contingent right to receive one share of ASO common stock upon vesting.
• The RSUs were granted under the Company's 2020 Omnibus Incentive Plan, as amended.
• The RSUs will vest 100% on the earliest of: (i) the first anniversary of the grant date, or the business day immediately preceding the date of the Issuer's next Annual Meeting of Stockholders, (ii) the Reporting Person's termination due to death or Disability, or (iii) a Change in Control.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as the RSU grant aligns the director's interests with shareholders, which is generally viewed favorably. It's a routine compensation event, not indicative of significant positive or negative operational news.

Positives

• The grant of Restricted Stock Units to a director helps align the director's interests with those of the shareholders, as the value of the compensation is tied to the company's stock performance.
• The transaction is a routine part of executive and director compensation, indicating standard corporate governance practices.

Future Outlook

The granted Restricted Stock Units are subject to future vesting conditions, which include the first anniversary of the grant date, the business day immediately preceding the next Annual Meeting of Stockholders, termination due to death or disability, or a change in control.

Industry Context

This Form 4 filing details a routine insider transaction, specifically an equity grant to a director, which is a common practice across various industries to incentivize and retain key personnel by aligning their financial interests with company performance.

Corporate Governance

Related Party Transactions

• The grant of 3,932 Restricted Stock Units to Thomas M. Nealon, a Director, constitutes a related party transaction as it involves compensation provided by the company to a member of its board.

Stakeholder Impact

• Shareholders: The RSU grant aims to align the director's long-term interests with shareholder value, potentially leading to more focused decision-making for the company's benefit.

Next Steps

• The 3,932 Restricted Stock Units will vest 100% on the earliest of the first anniversary of the grant date, the business day immediately preceding the Issuer's next Annual Meeting of Stockholders, termination due to death or Disability, or a Change in Control.

Key Dates

Keywords

Academy Sports & Outdoors, ASO, Restricted Stock Units, RSU, Insider Transaction, Director Compensation, SEC Form 4, Equity Grant, Omnibus Incentive Plan