Form 4: Ollie's Bargain Outlet SVP, General Counsel James J. Comitale Reports Stock Transactions
SEC Form 4
James J. Comitale, SVP, General Counsel of Ollie's Bargain Outlet Holdings, Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On October 18, 2024, James J. Comitale, SVP, General Counsel of Ollie's Bargain Outlet Holdings, Inc., had 705 restricted stock units (RSUs) vest and convert into common stock.
- Comitale also disposed of 297 shares of common stock to cover federal and state tax withholding obligations related to the vesting of the RSUs.
- The price per share for the tax withholding was $94.71, equivalent to the fair market value on October 18, 2024.
- Following these transactions, Comitale directly owns 3,140 shares of common stock and 705 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 |
|---|---|
| 10/18/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 10/21/2024 | Date of signature on the Form 4. |
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