Form 4: Sportsman's Warehouse Director Martha Bejar Granted Over 51,000 Restricted Stock Units

Sportsman's Warehouse Holdings, Inc. director Martha Helena Bejar was granted 51,546 restricted stock units, increasing her beneficial ownership to 116,543 shares, as part of a compensation package.

Summary

• Martha Helena Bejar, a Director of Sportsman's Warehouse Holdings, Inc. (SPWH), was granted 51,546 shares of common stock on May 28, 2025.
• These shares were acquired at a price of $0, indicating a grant of restricted stock units (RSUs).
• The RSUs will vest in twelve substantially equal monthly installments, contingent upon Ms. Bejar's continued service as a director.
• Following this transaction, Ms. Bejar's direct beneficial ownership in the company increased to 116,543 shares.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director is a standard practice for executive and board compensation, aiming to align their interests with shareholders. It's a routine disclosure and generally viewed as a positive for corporate governance and retention, with minimal dilutive impact.

Positives

• The grant of restricted stock units aligns the director's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The vesting schedule over twelve months incentivizes the director's continued service and long-term commitment to the company.

Negatives

• The issuance of 51,546 new shares (upon vesting) could result in minor dilution for existing shareholders, although this is a standard practice for director compensation.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The grant of restricted stock units to a director (Martha Helena Bejar) constitutes a related party transaction, as it involves compensation from the company to a member of its board.

Stakeholder Impact

• Shareholders: Minor potential dilution from the issuance of new shares upon vesting, but improved alignment of director's interests with shareholder value.

Next Steps

• The restricted stock units will vest in twelve substantially equal monthly installments, subject to continued service.

Key Dates

Recommendation

Keywords

Sportsman's Warehouse Holdings Inc., SPWH, Martha Helena Bejar, Director, Restricted Stock Units, RSU Grant, Insider Transaction, SEC Form 4, Equity Compensation, Beneficial Ownership