Form 4: Ollie's Bargain Outlet CEO Eric van der Valk Executes Stock Transactions

Ollie's Bargain Outlet Holdings CEO Eric van der Valk reports stock transactions involving the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.

Summary

• Eric van der Valk, the President and CEO of Ollie's Bargain Outlet Holdings, Inc., reported transactions involving common stock.
• On April 1, 2025, 1,852 restricted stock units (RSUs) vested and were converted into common stock.
• Also on April 1, 2025, 802 shares were disposed of to cover tax liabilities related to the vesting of the RSUs at a price of $114.55.
• On April 3, 2025, Mr. van der Valk sold 525 shares at a price of $112.94 pursuant to a pre-arranged 10b5-1 trading plan adopted on December 23, 2024.
• Following these transactions, Mr. van der Valk directly owns 6,793 shares of common stock.
• He also holds 5,557 restricted stock units that will vest in installments through April 1, 2028.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

The reporting person will continue to vest in remaining restricted stock units through April 1, 2028.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company executives. It is common for executives to use 10b5-1 plans to manage their stock sales and avoid accusations of insider trading.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the small volume of shares sold.
• The vesting of RSUs and subsequent tax-related sales are a standard part of executive compensation.

Key Dates

Keywords

Ollie's Bargain Outlet, Eric van der Valk, stock transactions, Form 4, restricted stock units, RSUs, 10b5-1 plan, insider trading