DICK'S (NYSE: DKS) CEO logs option exercise and $220+ share sales

Rhea-AI Filing Summary

DICK'S Sporting Goods President & CEO Lauren R. Hobart reported an option exercise and related stock sales. On May 28, 2026, she exercised options to acquire 20,083 shares of common stock at an exercise price of $11.31 per share, then sold 20,083 shares in open-market transactions at weighted average prices around $227–$228 per share. Following these transactions, she directly holds 321,763 shares of DICK'S Sporting Goods common stock. The exercised option was part of an award originally covering 160,666 shares that vested in four equal annual installments beginning on March 22, 2021.

Insider Trade Summary

Net Seller: 20,083 shares ($4,581,338)

Net Sell 4 txns

Insider Hobart Lauren R

Role President & CEO

Sold 20,083 shs ($4.58M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	20,083	$0.00	--
Exercise	Common Stock, par value $0.01 per share	20,083	$11.31	$227K
Sale	Common Stock, par value $0.01 per share	6,791	$227.69	$1.55M
Sale	Common Stock, par value $0.01 per share	13,292	$228.34	$3.04M

Holdings After Transaction: Stock Option (Right to Buy) — 0 shares (Direct, null); Common Stock, par value $0.01 per share — 341,846 shares (Direct, null)

Footnotes (1)

1. The exercise price shown has been adjusted from the grant date exercise price due to the special cash dividend paid by the Company on September 24, 2021, which was required by the Company's Amended and Restated 2012 Stock and Incentive Plan. Represents the weighted average price of multiple transactions ranging from $227.00 to $227.99. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the Company or any security holder of the Company. Represents the weighted average price of multiple transactions ranging from $228.00 to $228.60. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the Company or any security holder of the Company. The stock option award represents the right to purchase 160,666 shares of common stock that vested in four equal annual installments beginning on March 22, 2021.

Key Figures

Shares sold: 20,083 shares Sale prices: $227.69 and $228.34 per share Option exercise size: 20,083 shares +3 more

6 metrics

Shares sold 20,083 shares Open-market sales on May 28, 2026

Sale prices $227.69 and $228.34 per share Weighted average sale prices on May 28, 2026

Option exercise size 20,083 shares Shares acquired via option exercise on May 28, 2026

Option exercise price $11.31 per share Adjusted exercise price for stock option

Post-transaction holdings 321,763 shares Directly held common shares after reported transactions

Original option grant size 160,666 shares Stock option award vesting from March 22, 2021 in four tranches

Key Terms

open-market sale, Stock Option (Right to Buy), weighted average price, special cash dividend, +1 more

5 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Stock Option (Right to Buy) financial

"security_title": "Stock Option (Right to Buy)""

weighted average price financial

"Represents the weighted average price of multiple transactions ranging"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

special cash dividend financial

"adjusted from the grant date exercise price due to the special cash dividend"

A special cash dividend is a one-time, extra cash payment a company gives to its shareholders in addition to its regular dividends, like a bonus check sent out when a business has more cash than usual. It matters to investors because it delivers immediate cash value, can signal that the company has strong short-term cash or limited opportunities to reinvest, and typically reduces the company’s cash reserves and may affect the stock price and tax treatment for recipients.

Amended and Restated 2012 Stock and Incentive Plan financial

"required by the Company's Amended and Restated 2012 Stock and Incentive Plan"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hobart Lauren R

(Last) (First) (Middle)

345 COURT STREET

(Street)

CORAOPOLIS PENNSYLVANIA 15108

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DICK'S SPORTING GOODS, INC. [ DKS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	05/28/2026		M		20,083	A	$11.31(1)	341,846	D
Common Stock, par value $0.01 per share	05/28/2026		S		6,791	D	$227.69(2)	335,055	D
Common Stock, par value $0.01 per share	05/28/2026		S		13,292	D	$228.34(3)	321,763	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$11.31(1)	05/28/2026		M			20,083	(4)	03/22/2027	Common Stock, par value $0.01 per share	20,083	$0	0	D

Explanation of Responses:

1. The exercise price shown has been adjusted from the grant date exercise price due to the special cash dividend paid by the Company on September 24, 2021, which was required by the Company's Amended and Restated 2012 Stock and Incentive Plan.

2. Represents the weighted average price of multiple transactions ranging from $227.00 to $227.99. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the Company or any security holder of the Company.

3. Represents the weighted average price of multiple transactions ranging from $228.00 to $228.60. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the Company or any security holder of the Company.

4. The stock option award represents the right to purchase 160,666 shares of common stock that vested in four equal annual installments beginning on March 22, 2021.

Remarks:

	/s/ Carlos Clark by Power of Attorney	06/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did DKS CEO Lauren Hobart report on May 28, 2026?

Lauren Hobart reported mixed transactions on May 28, 2026, exercising options for 20,083 shares and selling 20,083 shares of DICK'S Sporting Goods common stock in open-market trades at weighted average prices around $227–$228 per share.

How many DICK'S Sporting Goods (DKS) shares does the CEO hold after these transactions?

After the reported transactions, Lauren Hobart directly holds 321,763 shares of DICK'S Sporting Goods common stock. This figure reflects her position following the option exercise and open-market sales disclosed for May 28, 2026 in the Form 4 filing.

What stock options did the DKS CEO exercise in the May 28, 2026 Form 4?

Lauren Hobart exercised a stock option for 20,083 shares of DICK'S Sporting Goods common stock at an exercise price of $11.31 per share. The underlying award originally covered 160,666 shares that vested in four equal annual installments beginning on March 22, 2021.

At what prices did the DKS CEO sell shares in the reported open-market trades?

The reported sales used weighted average prices. One group of trades averaged $227.69 per share with prices from $227.00–$227.99, and another averaged $228.34 per share with prices from $228.00–$228.60, according to the Form 4 footnotes.

What does the DKS Form 4 say about the CEO’s stock option award terms?

The Form 4 notes the option award represented the right to purchase 160,666 shares of common stock, vesting in four equal annual installments beginning on March 22, 2021. The exercise price was adjusted for a special cash dividend paid on September 24, 2021.

Why was the DKS CEO’s stock option exercise price adjusted?

The exercise price was adjusted due to a special cash dividend paid by DICK'S Sporting Goods on September 24, 2021. The adjustment was required by the company’s Amended and Restated 2012 Stock and Incentive Plan, as disclosed in the Form 4 footnotes.