Form 4: Academy Sports & Outdoors President Samuel Johnson Reports Stock Transactions
SEC Form 4 Filing
Samuel Johnson, President of Academy Sports & Outdoors, reports the vesting and conversion of restricted stock units into common stock, along with a disposition of shares to cover tax obligations.
Summary
- On March 21, 2025, Samuel Johnson, President of Academy Sports & Outdoors, reported transactions involving the company's stock.
- He converted 1,933 restricted stock units into common stock.
- He also disposed of 761 shares of common stock at a price of $47.42 to satisfy tax obligations.
- Following these transactions, Johnson directly owns 89,573 shares of common stock and 1,933 restricted stock units.
- The restricted stock units were granted under the company's 2020 Omnibus Incentive Plan and vest in three equal installments beginning on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the transactions.
Industry Context
Form 4 filings are a routine part of corporate governance, 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.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company insider.
- The transactions have no immediate impact on employees, customers, suppliers or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/21/2023 | Reporting Person was granted 5,798 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 earliest transaction: conversion of restricted stock units and disposition of shares for tax obligations. |
| 03/21/2033 | Expiration date of the Restricted Stock Units. |
Keywords
Form 4, Insider Trading, Stock Transactions, Restricted Stock Units, Common Stock, Academy Sports & Outdoors, ASO, Samuel Johnson
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