Form 4: Academy Sports & Outdoors EVP Exercises Stock Options, Sells Shares
SEC Form 4
Matthew M. McCabe, EVP & CMO of Academy Sports & Outdoors, exercised stock options and sold shares on April 15, 2025.
Summary
- On April 15, 2025, Matthew M. McCabe, the EVP & CMO of Academy Sports & Outdoors, exercised restricted stock units converting them into 3,725 shares of common stock.
- McCabe then disposed of 1,466 shares of common stock at a price of $37.25 per share to cover tax obligations.
- Following these transactions, McCabe directly owns 17,884 shares of Academy Sports & Outdoors common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction. The sentiment is neutral as it reflects standard executive compensation practices and tax obligations.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/15/2022 | Reporting Person was granted 7,449 time-based restricted stock units that vest in two equal installments on the second and third anniversary of the grant date. |
| 04/15/2025 | Date of transaction: McCabe exercised restricted stock units and sold shares. |
| 04/15/2032 | Expiration date of the restricted stock units. |
Keywords
Form 4, insider trading, stock options, Academy Sports & Outdoors, ASO, McCabe, executive compensation, stock sale
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