Form 4: Ollie's Bargain Outlet SVP Kevin McLain Reports Stock Transactions

Kevin McLain, SVP of Merchandising at Ollie's Bargain Outlet Holdings, Inc., reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On March 25, 2025, Kevin McLain, SVP of Merchandising at Ollie's Bargain Outlet Holdings, Inc., vested 1,518 restricted stock units (RSUs) which converted into common stock.
• McLain also disposed of 656 shares to cover tax liabilities related to the vesting of these RSUs at a price of $106.37 per share.
• Following these transactions, McLain directly owns 12,336 shares of common stock and 1,519 restricted stock units.
• The RSUs vest in 25% installments annually on March 25, with the initial grant date being March 25, 2022.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The remaining 1,519 RSUs are scheduled to vest on March 25, 2026, subject to continued service.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company executives. It is a standard practice for publicly traded companies.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity compensation.

Key Dates

Keywords

Ollie's Bargain Outlet, Kevin McLain, Form 4, Stock transaction, Restricted Stock Units, RSU, Vesting, Insider trading