Form 4: Revelyst Director Gary McArthur Reports Share Acquisitions Following Vista Outdoor Merger

Director Gary McArthur reports acquiring shares and deferred stock units of Revelyst, Inc. following the merger with Vista Outdoor.

Summary

• Gary McArthur, a director at Revelyst, Inc., has reported acquiring 82,369 shares of common stock directly and 35,526 shares indirectly through a trust.
• These acquisitions are a result of the merger between Revelyst and Vista Outdoor, which closed on November 27, 2024.
• The merger converted each share of Vista Outdoor common stock into one share of Revelyst common stock plus $25.75 in cash.
• Additionally, McArthur received 26,381 deferred stock units of Revelyst as a result of the merger, replacing his previous Vista Outdoor deferred stock units.
• The number of shares received for restricted stock units and deferred stock units was determined by the Revelyst Conversion Ratio, which is based on the closing price of Vista Outdoor stock and the opening price of Revelyst stock on the closing date.

Sentiment

Score: 7

Explanation: The document reflects a standard post-merger transaction with no negative implications. The director's acquisition of shares is a positive sign, but it's a routine filing.

Positives

• The director's acquisition of shares indicates confidence in the newly formed Revelyst, Inc.
• The conversion of stock units suggests a smooth transition of equity from Vista Outdoor to Revelyst.

Industry Context

This filing is a standard procedure following a merger, where insiders report their changes in ownership. It reflects the completion of the merger between Vista Outdoor and Revelyst, a significant event in the outdoor recreation and sporting goods industry.

Comparison to Industry Standards

• Merger-related filings are common across industries, with similar reporting requirements for directors and officers.
• The conversion of stock units and the cash component of the merger are typical in such transactions, aligning with standard practices in corporate mergers and acquisitions.
• Comparable companies in the outdoor and sporting goods sector would have similar reporting obligations following a merger or acquisition.

Stakeholder Impact

• Shareholders of Vista Outdoor have been converted to shareholders of Revelyst, with a cash component.
• Employees with stock units in Vista Outdoor have had their units converted to Revelyst units.

Key Dates

Keywords

Revelyst, Vista Outdoor, Merger, Share Acquisition, Director, Gary McArthur, Deferred Stock Units, Restricted Stock Units, Conversion Ratio