Form 4: Ollie's Bargain Outlet Director Richard Zannino Reports Stock Transactions

Sentiment:

SEC Form 4


Director Richard Zannino reports the vesting and conversion of restricted stock units into common stock of Ollie's Bargain Outlet Holdings, Inc.

Summary

  • Richard F Zannino, a director of Ollie's Bargain Outlet Holdings, Inc., reported changes in his beneficial ownership of the company's stock.
  • On April 1, 2025, restricted stock units (RSUs) vested and were converted into 1,684 shares of common stock.
  • These RSUs were granted on April 1, 2024, and vested in their entirety on April 1, 2025.
  • Additionally, 1,091 RSUs were granted on April 1, 2025, which will vest on April 1, 2026.
  • Following these transactions, Zannino directly owns 11,198 shares of common stock and 1,091 RSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Positives

  • The vesting of RSUs indicates continued alignment of the director's interests with those of the shareholders.

Future Outlook

The document indicates future vesting of RSUs on April 1, 2026, suggesting continued equity-based compensation for the director.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing is specific to the director's holdings in Ollie's Bargain Outlet.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates

DateDescription
April 1, 2024Date of grant for 1,684 RSUs that vested on April 1, 2025
April 1, 2025Date of vesting and conversion of 1,684 RSUs into common stock.
April 1, 2025Date of grant for 1,091 RSUs that will vest on April 1, 2026.
April 2, 2025Date of signature for the Form 4 filing.
April 1, 2026Vesting date for 1,091 RSUs granted on April 1, 2025.

Keywords

Ollie's Bargain Outlet Holdings, Richard Zannino, Director, Stock, RSU, Vesting, Beneficial Ownership, OLLI

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