Form 4: Ollie's Bargain Outlet Director Stephen W. White Reports Stock Transactions
SEC Form 4 Filing
Director Stephen W. White reports the vesting and conversion of restricted stock units into common stock of Ollie's Bargain Outlet Holdings, Inc.
Summary
- On April 1, 2025, Stephen W. White, a director of Ollie's Bargain Outlet Holdings, Inc., reported transactions involving the company's stock.
- White converted 1,684 restricted stock units (RSUs) into common stock at a price of $0 per share.
- Following this transaction, White directly owns 17,479 shares of common stock.
- Additionally, White acquired 1,091 new RSUs that will vest on April 1, 2026.
- After the reported transactions, White holds 1,091 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative sentiment.
Future Outlook
The document indicates that Stephen W. White will receive 1,091 shares of common stock on April 1, 2026, when the newly granted RSUs vest.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like directors, trade in their company's stock. It provides transparency to the market regarding the transactions of those with privileged information.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- The reporting requirements are governed by Section 16(a) of the Securities Exchange Act of 1934.
- Similar filings are made by insiders at companies like Walmart (WMT), Target (TGT), and Dollar General (DG) when they conduct transactions in their respective company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
- The vesting of RSUs is part of the director's compensation package.
Key Dates
| Date | Description |
|---|---|
| April 1, 2024 | RSUs granted on this date vested in their entirety on April 1, 2025. |
| April 1, 2025 | Date of transaction: conversion of RSUs to common stock and grant of new RSUs. |
| April 1, 2026 | RSUs granted on April 1, 2025 will vest in their entirety on this date. |
| April 2, 2025 | Date of signature on the Form 4 filing. |
Keywords
Ollie's Bargain Outlet Holdings, Stephen W. White, Director, Stock, Restricted Stock Units, RSUs, Common Stock, Beneficial Ownership, Form 4, Insider Trading
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