Form 4: Ollie's Bargain Outlet Director Thomas Hendrickson Reports Stock Conversion
SEC Form 4
Director Thomas Hendrickson converted restricted stock units into common stock of Ollie's Bargain Outlet Holdings, Inc. on March 23, 2024.
Summary
- On March 23, 2024, Thomas Hendrickson, a director of Ollie's Bargain Outlet Holdings, Inc., converted 2,156 restricted stock units (RSUs) into common stock.
- The RSUs, which vested on March 23, 2024, converted on a one-for-one basis.
- Following the transaction, Hendrickson directly owns 5,659 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard insider transaction related to stock-based compensation.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a common occurrence for publicly traded companies. It provides transparency into the trading activities of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/23/2023 | Date the Restricted Stock Units were granted. |
| 03/23/2024 | Date of transaction: conversion of RSUs to common stock and vesting of RSUs. |
| 03/26/2024 | Date of report. |
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