Form 4: Ollie's Bargain Outlet CEO Eric van der Valk Sells Shares Under 10b5-1 Plan

Eric van der Valk, President and CEO of Ollie's Bargain Outlet Holdings, Inc., sold 240 shares of common stock at $108.78 per share on May 9, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On May 9, 2025, Eric van der Valk, the President and CEO of Ollie's Bargain Outlet Holdings, Inc., sold 240 shares of the company's common stock.
• The sale was executed at a price of $108.78 per share.
• The transaction was conducted under a pre-arranged trading plan, specifically Rule 10b5-1, which was adopted on December 23, 2024.
• Following the transaction, van der Valk directly owns 7,033 shares of Ollie's Bargain Outlet Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive stock sale under a pre-arranged plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often part of a pre-planned diversification strategy or to cover tax obligations. The use of a 10b5-1 plan allows insiders to sell shares without being accused of trading on non-public information.

Stakeholder Impact

• The stock sale by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the small number of shares sold and the existence of a pre-arranged trading plan.

Key Dates

Keywords

Ollie's Bargain Outlet Holdings, Eric van der Valk, Stock Sale, Form 4, 10b5-1 Plan, Executive Compensation, Insider Trading