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

Eric van der Valk, President and CEO of Ollie's Bargain Outlet Holdings, Inc., reports the vesting of restricted stock units and associated tax withholding.

Summary

• On May 3, 2025, Eric van der Valk, the President and CEO of Ollie's Bargain Outlet Holdings, Inc., had 850 restricted stock units (RSUs) vest and convert into common stock.
• He also disposed of 370 shares of common stock to cover federal and state tax withholding obligations resulting from the vesting of these RSUs.
• The price per share for the tax withholding transaction was $110.88, equivalent to the fair market value on May 2, 2025.
• Following these transactions, van der Valk directly owns 7,273 shares of common stock and no derivative securities.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency to investors regarding the trading activities of company insiders.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units (RSUs) that vest over time, aligning executive interests with long-term shareholder value.
• The practice of disposing of shares to cover tax obligations upon vesting is a standard procedure in executive compensation.
• Companies like Walmart, Target, and Costco also utilize RSUs as part of their executive compensation packages.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine part of executive compensation.
• Employees may be interested in the details of executive compensation as a benchmark.

Key Dates

Keywords

Ollie's Bargain Outlet, Eric van der Valk, Stock, Restricted Stock Units, RSUs, Vesting, Form 4, Insider Trading