Form 4: Ollie's Bargain Outlet SVP, General Counsel James J. Comitale Reports Stock Transactions

Sentiment:

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 March 23, 2025, James J. Comitale, SVP, General Counsel of Ollie's Bargain Outlet Holdings, Inc., had 863 restricted stock units (RSUs) vest into common stock.
  • Following the vesting, 427 shares were withheld to cover federal and state tax obligations at a price of $106.88 per share.
  • After these transactions, Comitale directly owns 3,576 shares of common stock and 1,724 restricted stock units.
  • The reported transactions were executed pursuant to Rule 16b-3 related to tax withholding obligations.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices; it doesn't inherently indicate positive or negative sentiment.

Future Outlook

The reporting person has 1,724 remaining restricted stock units that will vest in the future.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.

Stakeholder Impact

  • Shareholders may be interested in executive compensation and ownership levels.
  • Employees holding similar equity grants will be interested in the vesting schedule and tax implications.

Key Dates

DateDescription
03/23/2023Initial grant date of 3,449 Restricted Stock Units (RSUs), vesting in 25% installments annually.
03/23/2024862 RSUs vested.
03/23/2025863 RSUs vested and shares were withheld for tax obligations; transaction date of this Form 4.
03/23/2026862 RSUs will vest.
03/23/2027862 RSUs will vest.
03/25/2025Date of signature for the Form 4 filing.

Keywords

Ollie's Bargain Outlet Holdings, James J. Comitale, Form 4, Stock Transaction, Restricted Stock Units, RSUs, Vesting, Tax Withholding, Beneficial Ownership

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