OLLI insider exercises options and reports sales under Rule 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ollie's Bargain Outlet (OLLI): Insider transaction reported. On 10/13/2025, the SVP, CIO executed option exercises and same-day sales under a Rule 10b5-1 plan adopted on July 7, 2025.
The reporting person exercised 4,534 options at $86.03, 2,933 at $57.98, and 1,454 at $74.23, then sold equal share amounts at weighted average prices of $130.45 (range $130.00–$130.87), $130.25 (range $130.00–$130.59), and $130.00. Following these transactions, the reporting person directly holds 3,679 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,921 shares ($1,162,504)
Net Sell
9 txns
Insider
Kraus Larry
Role
SVP, CIO
Sold
8,921 shs ($1.16M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 4,534 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 2,933 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 1,454 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 4,534 | $86.03 | $390K |
| Sale | Common Stock, par value $0.001 per share | 4,534 | $130.45 | $591K |
| Exercise | Common Stock, par value $0.001 per share | 2,933 | $57.98 | $170K |
| Sale | Common Stock, par value $0.001 per share | 2,933 | $130.25 | $382K |
| Exercise | Common Stock, par value $0.001 per share | 1,454 | $74.23 | $108K |
| Sale | Common Stock, par value $0.001 per share | 1,454 | $130.00 | $189K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Common Stock, par value $0.001 per share — 8,213 shares (Direct)
Footnotes (1)
- Transactions made pursuant to an agreement adopted on July 7, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.00-130.87, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.00-130.59, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in column 4 is the price at which these shares were sold in a single transaction. Options vest and become exercisable in 25% installments on each anniversary date of the grant, March 22, 2021, subject to continued service through each applicable vesting date. The reporting person was granted 4,634 options, and the options vested in their entirely on March 22, 2025. Options vest and become exercisable in 25% installments on each anniversary date of the grant, March 23, 2023, subject to continued service through each applicable vesting date. The reporting person was granted 6,866 options, of which 1,717 vested on March 23, 2024; 1,716 vested on March 23, 2025; 1,717 vest on March 23, 2026; and 1,716 vest on March 23, 2027. Options vest and become exercisable in 25% installments on each anniversary date of the grant, April 1, 2024, subject to continued service through each applicable vesting date. The reporting person was granted 5,815 options, of which 1,454 vested on April 1, 2025; 1,454 vest on April 1, 2026; 1,453 vest on April 1, 2027; and 1,454 vest on April 1, 2028.
FAQ
What did OLLI's insider report on Form 4?
The SVP, CIO reported option exercises and same-day sales on 10/13/2025 executed under a Rule 10b5-1 trading plan adopted on July 7, 2025.
What is the insider’s role at OLLI?
The reporting person is an Officer serving as SVP, CIO.
Were these trades pre-arranged?
Yes. The filing states the transactions were made under an agreement adopted in accordance with Rule 10b5-1 on July 7, 2025.