Kraus Larry 4
4 · Ollie's Bargain Outlet Holdings, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Ollie's (OLLI) SVP/CIO Larry Kraus Converts RSUs; 526 Shares Withheld
What Happened
- Larry Kraus, SVP and Chief Investment Officer of Ollie's Bargain Outlet Holdings (OLLI), had 1,193 restricted stock units (RSUs) vest and convert into common stock on March 25, 2026. The converted shares had a closing market value of $91.01 per share.
- To cover tax withholding obligations, 526 of those shares were relinquished/cancelled by the company (withheld) at $91.01/share (total = $47,871). Net to Kraus: 667 shares retained, worth about $60,704. This was a routine vesting/tax-withholding event rather than an open-market sale or purchase.
Key Details
- Transaction date: March 25, 2026; Form filed March 27, 2026 (timely).
- Conversion (code M): 1,193 RSUs converted to common stock at $0.00 exercise price (RSUs convert one-for-one on vesting).
- Tax withholding (code F): 526 shares withheld/cancelled at $91.01/share = $47,871.
- Net shares delivered to insider: 667 shares (1,193 − 526), approximate net value ≈ $60,704.
- Footnotes: RSUs convert one-for-one on vesting; the withholding was an exempt transaction under Rule 16b-3(e) (company delivered/withheld shares to satisfy tax withholding). Price reported is the March 25, 2026 closing market price.
- Shares owned after the transaction: not specified in the provided data.
Context
- This was a vesting event for previously granted RSUs (25% installment vests; 4,773 RSUs originally granted; the 1,193 represents the 25% installment that vested on March 25, 2026).
- The withholding of shares to satisfy tax obligations is a common, administrative (non-market) action and does not necessarily indicate a change in the insider’s market view.
Insider Transaction Report
Form 4
Kraus Larry
SVP, CIO
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
[F1][F2]2026-03-25+1,193→ 5,353 total - Tax Payment
Common Stock, par value $0.001 per share
[F3][F4]2026-03-25$91.01/sh−526$47,871→ 4,827 total - Exercise/Conversion
Restricted Stock Units
[F5][F1][F6]2026-03-25−1,193→ 0 total→ Common Stock (1,193 underlying)
Footnotes (6)
- [F1]Represents the conversion upon vesting of a restricted stock award into common stock ("Common Stock").
- [F2]Restricted Stock Units ("RSUs") convert into Common Stock on a one-for-one basis.
- [F3]Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person and cancelled by the issuer in exchange for the issuer's agreement to pay federal and state tax withholding obligations of the reporting person resulting from the vesting of restricted stock units.
- [F4]The price reported in column 4 is equivalent to the fair market value based on the closing market price as of March 25, 2026.
- [F5]Each of the RSUs represents a contingent right to receive one share of Common Stock at vesting.
- [F6]The RSUs vest and become exercisable in 25% installments on each anniversary date of the grant, March 25, 2022, subject to continued service through each applicable vesting date. The reporting person was granted 4,773 RSUs, and as of March 25, 2026, all of such RSUs are vested in their entirety.
Signature
/s/ James J. Comitale as Attorney-In-Fact|2026-03-27