10-K/A: Ollie's Bargain Outlet Files Amended 10-K to Include Compensation Recoupment Policy

Ollie's Bargain Outlet Holdings, Inc. files an amendment to its annual report on Form 10-K to include its Compensation Recoupment Policy as an exhibit.

Summary

• Ollie's Bargain Outlet Holdings, Inc. filed an amendment (Form 10-K/A) to its original Form 10-K for the fiscal year ended February 1, 2025.
• The amendment was filed on April 11, 2025, to include the Compensation Recoupment Policy (Clawback Policy) dated December 1, 2023, as an exhibit (Exhibit 97.1).
• The company also included current-dated Exhibit 31 certifications with the amendment.
• The original 2024 10-K was filed on March 26, 2025.
• The amendment does not modify or update any of the financial or other information contained in the original 2024 10-K, and should be read in conjunction with it and the company's other SEC filings.
• As of March 21, 2025, the number of outstanding shares of the company's common stock was 61,251,018.
• The aggregate market value of the voting stock held by non-affiliates as of August 2, 2024, was approximately $5.9 billion.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects transparency and compliance.

Positives

• The company is taking steps to ensure compliance with SEC regulations by filing the amendment.
• The inclusion of the Compensation Recoupment Policy provides transparency regarding executive compensation.

Future Outlook

The amendment speaks as of March 26, 2025, and does not reflect events that may have occurred subsequent to that date.

Management Comments

• Eric van der Valk, President and Chief Executive Officer, certified the accuracy of the Form 10-K/A.
• Robert Helm, Executive Vice President and Chief Financial Officer, certified the accuracy of the Form 10-K/A.

Industry Context

This filing is a routine amendment to ensure compliance with SEC regulations regarding executive compensation disclosure.

Corporate Governance

Stakeholder Impact

• Shareholders benefit from increased transparency regarding executive compensation policies.
• The inclusion of the Clawback Policy may impact executive officers if circumstances arise where incentive compensation needs to be recouped.

Key Dates

Keywords

Form 10-K/A, amendment, Compensation Recoupment Policy, Clawback Policy, SEC filing, Ollie's Bargain Outlet, financial reporting