Form 4: Ollie's Bargain Outlet SVP, CIO Larry Kraus Reports Stock Transactions
SEC Form 4
Larry Kraus, SVP and CIO of Ollie's Bargain Outlet Holdings, Inc., reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership of company stock.
Summary
- On March 25, 2025, Larry Kraus, SVP, CIO of Ollie's Bargain Outlet Holdings, Inc., had 1,193 restricted stock units (RSUs) vest and convert into common stock.
- Simultaneously, 516 shares were relinquished to cover federal and state tax withholding obligations related to the vesting of these RSUs.
- The price per share for the tax withholding was $106.37, equivalent to the fair market value on March 25, 2025.
- Following these transactions, Kraus directly owns 3,249 shares of common stock and 1,193 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine transaction disclosure, neither particularly positive nor negative.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/25/2022 | First vesting date of RSUs (25% of the grant). |
| 03/25/2023 | Second vesting date of RSUs (1,193 units). |
| 03/25/2024 | Third vesting date of RSUs (1,194 units). |
| 03/25/2025 | Date of reported transactions: vesting of 1,193 RSUs and tax withholding. |
| 03/25/2026 | Final vesting date of RSUs (1,193 units). |
| 03/27/2025 | Date of Form 4 filing. |
Keywords
Ollie's Bargain Outlet Holdings, Larry Kraus, SVP, CIO, Form 4, Stock, Restricted Stock Units, RSUs, Vesting, Beneficial Ownership, Tax Withholding
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