Form 4: Director Michael Dastugue Receives RSU Grant at Academy
Statement of Changes in Beneficial Ownership
Academy Sports & Outdoors, Inc. director Michael Dastugue was granted 3,384 restricted stock units as part of the company's 2020 Omnibus Incentive Plan.
Summary
- Director Michael Dastugue received a grant of 3,384 restricted stock units (RSUs) on June 15, 2026.
- Each RSU represents a contingent right to receive one share of common stock upon vesting.
- The grant is subject to time-based vesting conditions under the company's 2020 Omnibus Incentive Plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is contingent upon continued service, death, disability, or a change in control of the company.
Future Outlook
The RSUs are scheduled to vest on the first anniversary of the grant or the business day preceding the next Annual Meeting of Stockholders, whichever is earlier.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard corporate governance practices designed to incentivize long-term oversight and alignment with shareholder interests in the retail sector.
Comparison to Industry Standards
- The use of time-based RSU grants for non-employee directors is consistent with standard compensation practices for publicly traded companies of similar market capitalization.
- The vesting schedule aligns with typical annual director compensation cycles observed in the retail industry.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation | Grant of restricted stock units to a director under the 2020 Omnibus Incentive Plan. | 06/15/2026 | Standard equity compensation alignment. |
Stakeholder Impact
- Minimal impact on shareholders as this represents a standard director compensation event.
Next Steps
- Vesting of the 3,384 RSUs upon the earlier of the first anniversary or the next Annual Meeting of Stockholders.
Key Dates
| Date | Description |
|---|---|
| 06/15/2026 | Date of RSU grant transaction. |
| 06/16/2026 | Date of filing. |
Keywords
Academy Sports & Outdoors, ASO, Form 4, Insider Trading, Restricted Stock Units, Equity Compensation
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