Academy Sports (ASO) director receives 3,384 time-based restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nealon Thomas M reported acquisition or exercise transactions in this Form 4 filing.
Academy Sports & Outdoors, Inc. director Thomas M. Nealon received a grant of 3,384 restricted stock units as equity compensation. Each unit represents a contingent right to receive one share of common stock.
The award vests 100% on the earliest of the first anniversary of the June 15, 2026 grant date, the business day immediately before the next annual stockholders meeting, termination due to death or Disability as defined in the company’s 2020 Omnibus Incentive Plan, or a Change in Control under that plan. Following this grant, Nealon holds 3,384 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nealon Thomas M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,384 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,384 shares (Direct, null)
Footnotes (1)
- Granted under the Company's 2020 Omnibus Incentive Plan, as amended (the "Plan"). Each restricted stock unit represents a contingent right upon vesting to receive one share of Issuer common stock, par value $0.01 per share ("Common Stock"). On June 15, 2026, the Reporting Person was granted 3,384 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).
Key Figures
RSUs granted: 3,384 units
RSU grant price: $0.00 per unit
RSUs after transaction: 3,384 units
3 metrics
RSUs granted
3,384 units
Time-based restricted stock units granted on June 15, 2026
RSU grant price
$0.00 per unit
Equity compensation award, no cash paid by director
RSUs after transaction
3,384 units
Total restricted stock units held directly after grant
Key Terms
Restricted Stock Units, 2020 Omnibus Incentive Plan, Change in Control, Disability
4 terms
Restricted Stock Units financial
"On June 15, 2026, the Reporting Person was granted 3,384 time-based restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Omnibus Incentive Plan financial
"Granted under the Company's 2020 Omnibus Incentive Plan, as amended"
Change in Control financial
"or (iii) a Change in Control (as defined in the Plan)"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Disability financial
"the Reporting Person's termination due to death or Disability (as defined in the Plan)"
FAQ
What insider transaction did Academy Sports (ASO) report for Thomas M. Nealon?
Academy Sports reported that director Thomas M. Nealon received a grant of 3,384 restricted stock units. These units are a form of equity compensation that may convert into common shares if specific vesting conditions set by the company are satisfied.
How many restricted stock units did ASO grant to director Thomas M. Nealon?
Thomas M. Nealon was granted 3,384 restricted stock units. Each unit represents a contingent right to receive one share of Academy Sports common stock, subject to vesting conditions, aligning the director’s interests with long-term shareholder value.
When do Thomas M. Nealon’s 3,384 ASO restricted stock units vest?
The 3,384 restricted stock units vest 100% on the earliest of the first anniversary of the June 15, 2026 grant date, the business day before the next annual stockholders meeting, qualifying death or Disability, or a Change in Control as defined in the plan.
What does each Academy Sports restricted stock unit granted to Thomas Nealon represent?
Each restricted stock unit granted to Thomas Nealon represents a contingent right to receive one share of Academy Sports common stock. The units convert into shares only if the vesting conditions in the 2020 Omnibus Incentive Plan are met.
Under what plan were Thomas M. Nealon’s ASO restricted stock units granted?
The restricted stock units were granted under Academy Sports & Outdoors’ 2020 Omnibus Incentive Plan, as amended. This plan governs equity-based awards, defining vesting terms, conditions such as Disability or Change in Control, and other provisions for director and employee compensation.
How many Academy Sports restricted stock units does Thomas Nealon hold after this grant?
After this grant, Thomas Nealon holds 3,384 restricted stock units directly. These units may convert into an equal number of Academy Sports common shares if the specified vesting triggers, such as time-based service or certain termination or control events, are satisfied.