Form 4: Academy Sports & Outdoors EVP Exercises Stock Options, Disposes of Shares
SEC Form 4 Filing
EVP & CFO Earl Carlton Ford IV reports exercising stock options and disposing of shares of Academy Sports & Outdoors, Inc.
Summary
- On March 21, 2025, Earl Carlton Ford IV, EVP & CFO of Academy Sports & Outdoors, exercised restricted stock units converting into 1,288 shares of common stock.
- Ford also disposed of 503 shares of common stock at a price of $47.42 per share to cover tax obligations.
- Following these transactions, Ford directly owns 11,197 shares of common stock and 1,289 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral filing reflecting routine transactions by a company executive. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the actions of a key executive at Academy Sports & Outdoors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
- The disposal of shares to cover tax obligations is a standard practice and unlikely to significantly affect other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/21/2023 | Reporting Person was granted 3,865 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date. |
| 03/21/2025 | Date of transaction: exercise of restricted stock units and disposal of shares. |
| 03/21/2025 | Date of signature. |
| 03/21/2033 | Expiration date of restricted stock units. |
Keywords
Form 4, insider trading, stock options, restricted stock units, ASO, Academy Sports & Outdoors, Ford Earl Carlton IV, EVP & CFO
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