Form 4: Ollie's Bargain Outlet Executive Chairman John Swygert Reports Stock Transactions
SEC Form 4
Executive Chairman John Swygert of Ollie's Bargain Outlet Holdings, Inc. reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 25, 2025, John Swygert, Executive Chairman of Ollie's Bargain Outlet Holdings, Inc., reported transactions involving common stock and restricted stock units (RSUs).
- 9,257 RSUs vested and were converted into common stock.
- 4,025 shares were relinquished to cover federal and state tax withholding obligations related to the vesting of the RSUs.
- Following these transactions, Swygert directly owns 59,958 shares of common stock and 9,257 RSUs.
- The price used for tax withholding was $106.37 per share, equivalent to the fair market value on March 25, 2025.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and does not inherently indicate positive or negative sentiment.
Industry Context
This filing 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 relates to executive compensation and stock dilution.
Key Dates
| Date | Description |
|---|---|
| 03/25/2022 | Initial grant date of RSUs, with vesting occurring in 25% installments annually. |
| 03/25/2023 | First vesting date of 9,257 RSUs. |
| 03/25/2024 | Second vesting date of 9,257 RSUs. |
| 03/25/2025 | Date of reported transactions: vesting of 9,257 RSUs and tax withholding. |
| 03/25/2026 | Final vesting date of 9,257 RSUs. |
| 03/27/2025 | Date of Form 4 filing. |
Keywords
Ollie's Bargain Outlet Holdings, John Swygert, Executive Chairman, Form 4, Stock Transactions, Restricted Stock Units, RSUs, Vesting, Tax Withholding, Beneficial Ownership
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