Form 4: Ollie's Bargain Outlet Director Stanley Fleishman Reports Stock Conversion
SEC Form 4
Director Stanley Fleishman reports the conversion of restricted stock units into common stock of Ollie's Bargain Outlet Holdings, Inc.
Summary
- On March 23, 2024, Stanley Fleishman, a director of Ollie's Bargain Outlet Holdings, Inc., converted 2,156 restricted stock units (RSUs) into common stock.
- The RSUs vested on March 23, 2024, and converted on a one-for-one basis into common stock.
- Following the transaction, Fleishman directly owns 59,317 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard conversion of already-granted equity.
Key Dates
| Date | Description |
|---|---|
| 03/23/2023 | Date the Restricted Stock Units were granted |
| 03/25/2023 | Date Exercisable of Restricted Stock Units |
| 03/23/2024 | Date of transaction: conversion of RSUs to common stock and vesting of RSUs |
| 03/26/2024 | Date of signature on the Form 4 |
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