Form 4: Ollie's Bargain Outlet Director Stephen W. White Reports Stock Conversion
SEC Form 4
Director Stephen W. White reports the conversion of restricted stock units into common stock of Ollie's Bargain Outlet Holdings, Inc.
Summary
- On March 23, 2024, Stephen W. White, 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, White directly owns 15,795 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/23/2023 | Date the RSUs were granted. |
| 03/23/2024 | Date of transaction: conversion of RSUs to common stock and vesting of RSUs. |
| 03/26/2024 | Date of report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.