Stone Paul 4
4 · SPORTSMAN'S WAREHOUSE HOLDINGS, INC. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Sportsman's Warehouse CEO Paul Stone Receives 434,783 RSU Award
What Happened
- Paul Stone, President & CEO (and Director) of Sportsman's Warehouse Holdings, Inc. (SPWH), received a grant of 434,783 restricted stock units (RSUs) on March 25, 2026 (reported as an award at $0.00).
- On March 26, 2026, 28,598 shares were disposed/withheld at $1.34 per share to satisfy tax withholding obligations, generating proceeds/value of $38,321. The grant itself is not a purchase or market sale—it's an award that vests over time.
Key Details
- Transaction dates and prices:
- 2026-03-25: Award of 434,783 RSUs (price reported $0.00) — these RSUs are scheduled to vest in three equal installments on 3/25/2027, 3/25/2028 and 3/25/2029 (Footnote F1).
- 2026-03-26: 28,598 shares withheld/disposed at $1.34 to cover tax withholding (total ~$38,321) (Footnote F3).
- Shares/rights reported after the transactions:
- The filing discloses a total of 1,030,909 RSUs scheduled to vest on various dates (see Footnote F4), which includes the newly granted 434,783 RSUs.
- The filing also notes 3,376 shares acquired earlier under the company ESPP (Footnote F2).
- Notable footnotes:
- F1 explains the March 25, 2026 RSU grant and vesting schedule.
- F3 indicates the 28,598 shares were withheld by the issuer to satisfy tax withholding in connection with prior RSU vesting.
- F4 lists other outstanding RSU tranches and vesting schedules that comprise the reported RSU total.
- Filing/timeliness: Form 4 was filed on March 27, 2026 (reporting period 3/25/2026). No indication in the report that the filing was late.
Context
- RSUs are awards representing the right to receive one share each upon vesting; they are not open-market purchases and do not by themselves signal an immediate bullish or bearish trade.
- The 28,598-share disposition was a tax-withholding action (routine), not an open-market sale; such withholdings are common when RSUs vest.
- For retail investors, grants increase potential future share dilution as RSUs vest; tax-withholding disposals are administrative and do not necessarily reflect the insider’s view of the company's prospects.
Insider Transaction Report
Form 4
Stone Paul
DirectorPRESIDENT AND CEO
Transactions
- Award
Common Stock
[F1][F2]2026-03-25+434,783→ 1,500,814 total - Tax Payment
Common Stock
[F3][F4]2026-03-26$1.34/sh−28,598$38,321→ 1,472,216 total
Footnotes (4)
- [F1]Reflects the grant of restricted stock units by the Issuer to the Reporting Person on March 25, 2026. The restricted stock units are scheduled to vest in three equal installments on March 25, 2027, March 25, 2028, and March 25, 2029, subject to the Reporting Person's continued employment with the Issuer. Each restricted stock unit represents the right to receive one share of the Issuer's common stock.
- [F2]Includes 3,376 shares acquired on January 6, 2026 under Sportsman's Warehouse Holdings, Inc. Amended and Restated Employee Stock Purchase Plan.
- [F3]Represents shares withheld by the Issuer in accordance with Rule 16b-3 to satisfy tax withholding obligations in connection with the vesting of restricted stock units previously granted to the Reporting Person.
- [F4]Includes (i) 110,032 restricted stock units scheduled to vest in one installment on November 1, 2026, (ii) 269,687 restricted stock units scheduled to vest in two substantially equal installments on April 1, 2026 and April 1, 2027, (iii) 83,074 restricted stock units scheduled to vest in two substantially equal installments on May 1, 2026 and May 1, 2027, (iv) 133,333 restricted stock units scheduled to vest in two substantially equal installments on March 26, 2027 and March 26, 2028, and (v) 434,783 restricted stock units scheduled to vest in three substantially equal installments on March 25, 2027, March 25, 2028, and March 25, 2029, in each case subject to the Reporting Person's continued employment with the Issuer. Each restricted stock unit represents the right to receive one share of the Issuer's common stock.
Signature
/s/ Jennifer Fall Jung, Attorney-in-Fact|2026-03-27