Form 4: Ollie's Bargain Outlet Director Thomas Hendrickson Reports Stock Transactions
SEC Form 4
Director Thomas Hendrickson reports the vesting and conversion of restricted stock units into common stock of Ollie's Bargain Outlet Holdings, Inc.
Summary
- On April 1, 2025, Director Thomas Hendrickson converted 1,684 restricted stock units (RSUs) into common stock of Ollie's Bargain Outlet Holdings, Inc.
- These RSUs, which vested on April 1, 2025, converted on a one-for-one basis.
- Hendrickson also acquired 1,091 new RSUs on April 1, 2025, which will vest on April 1, 2026.
- Following these transactions, Hendrickson directly owns 1,684 shares of common stock and 1,091 RSUs.
- Hendrickson also has an indirect ownership interest, via a trust, of 5,659 securities.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the ownership positions of company directors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 09/25/2024 | Date of previously filed Form 4 reporting indirect ownership of 5,659 securities. |
| 04/01/2024 | Date the 1,684 RSUs were granted, vesting on April 1, 2025. |
| 04/01/2025 | Date of RSU conversion to common stock and acquisition of new RSUs. |
| 04/01/2026 | Vesting date for the 1,091 RSUs granted on April 1, 2025. |
| 04/02/2025 | Date of signature on the Form 4. |
Keywords
Ollie's Bargain Outlet Holdings, Thomas Hendrickson, Director, Stock, RSU, Restricted Stock Units, Beneficial Ownership, Form 4
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