Form 4: Ollie's Bargain Outlet Director Transfers Shares to Revocable Trust

Director Thomas Hendrickson transferred 1,684 shares of Ollie's Bargain Outlet Holdings, Inc. common stock to a revocable trust on April 21, 2025.

Summary

• On April 21, 2025, Thomas Hendrickson, a director of Ollie's Bargain Outlet Holdings, Inc., transferred 1,684 shares of the company's common stock to the Hendrickson Revocable Trust.
• The transfer was made for no consideration.
• Hendrickson and his spouse are trustees of the trust, and he and his family are the sole beneficiaries.
• Following the transaction, Hendrickson directly owns 0 shares and indirectly owns 7,343 shares through the trust.
• The reporting person remains the beneficial owner of the securities held by the trust.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding a share transfer for estate planning purposes, with no inherent positive or negative implications for the company's performance.

Industry Context

This is a routine disclosure of insider transactions and doesn't necessarily reflect a strategic shift or material event for Ollie's Bargain Outlet relative to its industry peers.

Related Party Transactions

• The transfer of shares to the Hendrickson Revocable Trust is a related party transaction, as the director and his family are beneficiaries of the trust.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a transfer of shares for estate planning purposes and does not change the director's beneficial ownership.

Key Dates

Keywords

Ollie's Bargain Outlet Holdings, Director, Share Transfer, Revocable Trust, Beneficial Ownership, Form 4, OLLI, Hendrickson