Form 4: ASO Director Michael Dastugue Receives RSU Grant

Academy Sports & Outdoors Director Michael Dastugue was granted 1,825 restricted stock units, aligning his interests with shareholders.

Summary

• Michael Dastugue, a Director of Academy Sports & Outdoors, Inc. (ASO), was granted 1,825 Restricted Stock Units (RSUs).
• The grant occurred on December 12, 2025, under the Company's 2020 Omnibus Incentive Plan, as amended.
• Each restricted stock unit represents a contingent right upon vesting to receive one share of ASO common stock.
• The RSUs vest 100% on the earliest of: the first anniversary of the grant date, the business day immediately preceding the next Annual Meeting of Stockholders, termination due to death or Disability (as defined in the Plan), or a Change in Control (as defined in the Plan).
• Following this transaction, Michael Dastugue beneficially owns 1,825 derivative securities (RSUs).

Sentiment

Score: 5

Explanation: This Form 4 reports a routine equity grant to a director, which is a standard compensation practice and does not inherently indicate a positive or negative sentiment regarding the company's operational or financial performance.

Positives

• The grant of 1,825 Restricted Stock Units to Director Michael Dastugue aligns his financial interests with those of the company's shareholders.
• Equity-based compensation incentivizes long-term performance and retention of key personnel.

Negatives

• No specific negative aspects are indicated by this routine equity grant disclosure.

Risks

• No specific risks are detailed in this Form 4 filing, which primarily reports an insider transaction.

Future Outlook

The granted Restricted Stock Units are subject to vesting conditions, primarily vesting 100% on the first anniversary of the grant date or the business day preceding the next Annual Meeting of Stockholders, subject to continued service, or earlier upon specific events like death, disability, or a change in control.

Industry Context

The grant of Restricted Stock Units to a director is a common practice in corporate compensation structures across various industries, designed to align the interests of management and directors with long-term shareholder value creation. This is a standard mechanism for equity-based incentives.

Corporate Governance

Related Party Transactions

• The grant of 1,825 Restricted Stock Units to Michael Dastugue, a Director of Academy Sports & Outdoors, Inc., constitutes a related party transaction as it involves compensation to a key management personnel. This is a standard form of compensation.

Stakeholder Impact

• Shareholders: The equity grant aims to align the director's long-term interests with shareholder value creation.
• Employees: No direct impact on general employees is indicated by this specific filing.

Next Steps

• The 1,825 Restricted Stock Units will vest 100% on the earliest of the first anniversary of the grant date (December 12, 2026), the business day immediately preceding the next Annual Meeting of Stockholders, termination due to death or Disability, or a Change in Control.

Key Dates

Keywords

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