Academy Sports & Outdoors (ASO) director settles 3,932 RSUs into 7,353 total shares
Rhea-AI Filing Summary
Academy Sports & Outdoors director Monique Picou exercised restricted stock units into common shares as part of her equity compensation. On June 3, 2026, 3,932 restricted stock units converted into 3,932 shares of common stock at a stated price of $0.00 per share, reflecting a non-cash equity award vesting rather than an open-market purchase.
The restricted stock units were granted on June 13, 2025 under the company’s 2020 Omnibus Incentive Plan and vest 100% upon the earliest of several service- and event-based conditions. Following the conversion, Picou directly holds 7,353 shares of common stock, and the underlying RSU position shown in this filing has been fully settled.
Positive
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Insights
Routine RSU vesting and conversion, with no market buying or selling.
The filing shows Monique Picou, a director of Academy Sports & Outdoors, Inc., settling a grant of restricted stock units into common shares. This is labeled as an exercise or conversion of a derivative security, with a conversion price of $0.00 per unit.
The RSUs, granted on June 13, 2025 under the 2020 Omnibus Incentive Plan, vested in full based on continued service or specified events. Because no open-market sales or purchases are reported, the transaction is best viewed as routine equity compensation rather than a directional bet on the stock.
After the conversion, Picou directly owns 7,353 common shares, while the reported RSU award has a remaining balance of zero. Subsequent filings may provide additional context if new grants or any future purchases or sales occur.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,932 | $0.00 | -- |
| Exercise | Common Stock | 3,932 | $0.00 | -- |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan"). On June 13, 2025, the Reporting Person was granted 3,932 time-based restricted stock units that vest 100%, subject to the Reporting Person's continued service with the Issuer, on the earliest of (i) the first anniversary of the date of grant, or, if earlier, the date which is the business day immediately preceding the date of the Issuer's next Annual Meeting of Stockholders, (ii) the Reporting Person's termination due to death or Disability (as defined in the Plan), or (iii) a Change in Control (as defined in the Plan).