van der Valk Eric 4
4 · Ollie's Bargain Outlet Holdings, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Ollie's (OLLI) CEO Eric van der Valk Exercises RSUs, Withholds 936 Shares
What Happened
- Eric van der Valk, President & CEO and a director of Ollie's Bargain Outlet (OLLI), had RSUs vest and convert into common stock on March 25, 2026. A total of 2,152 shares were issued upon conversion. Of those, 936 shares were relinquished/withheld to satisfy federal and state tax withholding obligations, with the withheld shares valued at $91.01 each for a total of $85,185.
Key Details
- Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (timely).
- Conversion: 2,152 RSUs vested and converted to common stock (code M — exercise/conversion of derivative).
- Tax withholding: 936 shares disposed/withheld to cover tax liability (reported value $91.01/share; total $85,185) — exempt under Rule 16b-3(e) for share withholding (footnote F3).
- Reported price basis: $91.01 equals the closing market price on March 25, 2026 (footnote F4).
- Vesting details: The RSUs were granted as 8,607 units and vest in 25% annual installments; the 2,152 figure represents the 25% installment that vested on the March 25, 2026 anniversary (footnotes F5–F6).
- Shares owned after the transaction: not provided in the excerpt of this filing.
Context
- This was not an open-market purchase or sale reflecting a trading view; it was the conversion/vesting of RSUs and a routine share-withholding to satisfy tax obligations (a common, non-speculative transaction).
- The conversion is effectively an award vesting into stock; the withholding of some shares to cover taxes is a cashless method frequently used on vesting events.
Insider Transaction Report
Form 4
van der Valk Eric
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
[F1][F2]2026-03-25+2,152→ 13,064 total - Tax Payment
Common Stock, par value $0.001 per share
[F3][F4]2026-03-25$91.01/sh−936$85,185→ 12,128 total - Exercise/Conversion
Restricted Stock Units
[F5][F1][F6]2026-03-25−2,152→ 0 total→ Common Stock (2,151 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 8,607 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