Form 4: Sportsman's Warehouse CFO Acquires 10,000 Shares

Jeffrey Justin White, CFO and Secretary of Sportsman's Warehouse Holdings, Inc., purchased 10,000 shares of common stock at $2.30 per share on October 2, 2024.

Summary

• On October 2, 2024, Jeffrey Justin White, the CFO and Secretary of Sportsman's Warehouse Holdings, Inc., acquired 10,000 shares of the company's common stock.
• The purchase price was $2.30 per share.
• Following the transaction, White directly owns 116,326.2 shares of Sportsman's Warehouse common stock.
• This total includes 6,643 restricted stock units scheduled to vest on March 15, 2025, and 23,810 restricted stock units vesting in two equal installments on April 10, 2025, and April 10, 2026, contingent upon continued employment.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CFO's purchase of shares is a positive sign, but it's a relatively small transaction and doesn't provide a strong indication of future performance.

Positives

• The CFO's purchase of shares could be interpreted as a sign of confidence in the company's future prospects.

Future Outlook

The vesting of restricted stock units in 2025 and 2026 is contingent upon the Reporting Person's continued employment with the Issuer.

Industry Context

Insider buying is often seen as a positive signal, suggesting that a company insider believes the company's stock is undervalued. It is important to consider this transaction in the context of the overall retail and sporting goods industry.

Comparison to Industry Standards

• Comparing insider trading activity at Sportsman's Warehouse to similar companies like Dick's Sporting Goods (DKS) or Bass Pro Shops (privately held) can provide context.
• Analyzing the frequency and size of insider transactions across these companies can help determine if the CFO's purchase is typical or noteworthy.

Stakeholder Impact

• The CFO's purchase could have a slightly positive impact on shareholder sentiment.

Key Dates