Johnson Samuel J 4

4 · Academy Sports & Outdoors, Inc. · Filed Mar 23, 2026

AI-generated summary of this filing

Updated Mar 23, 2026

Academy Sports (ASO) President Samuel J. Johnson Receives RSUs

What Happened

Samuel J. Johnson, President of Academy Sports & Outdoors (ASO), received equity awards and had a small number of converted units withheld for taxes. On March 20, 2026, he was granted 36,552 performance-based restricted stock units (PRSUs) and 36,552 time‑based restricted stock units (RSUs). On March 23, 2026, 1,933 derivative units converted into common shares; 1,012 of those shares were surrendered to cover tax withholding valued at $51.98 per share (total $52,604), leaving 921 shares issued to him net of withholding.

Key Details

Grant date(s): March 20, 2026 (36,552 PRSUs + 36,552 time‑based RSUs).
Conversion/settlement date(s): March 23, 2026 — 1,933 units converted to shares (code M).
Tax withholding: 1,012 shares withheld (code F) at $51.98/share for $52,604.
Net shares received from the conversion: 921 shares (1,933 converted − 1,012 withheld).
Total RSUs granted on March 20: 73,104 units (36,552 PRSUs + 36,552 time‑based RSUs).
PRSU terms: Vesting tied to 3-year performance metrics (adjusted pre‑tax income, ROIC, adjusted free cash flow) over Feb 1, 2026–Feb 3, 2029; payout may range from 0% to 200% of target, subject to continued service and committee certification (footnote).
Time‑based RSUs: Vest in three equal installments beginning on the first anniversary of the grant, subject to continued service.
Prior awards: 5,798 time‑based RSUs granted on March 21, 2023 (still noted in footnotes).
Filing: Report filed March 23, 2026 for transactions reported March 20–23, 2026. No late filing flag noted.

Context

These transactions are primarily awards and the routine tax-withholding that follows vesting/conversion of RSUs. PRSUs are performance-contingent (could pay out at a higher or lower number of shares depending on results); time‑based RSUs vest over time.
Code explanations: M = exercise/conversion of a derivative/security right (here, RSU/PRSUs converting to common shares); F = shares surrendered to pay tax withholding.
The filing does not state total common shares Johnson owns after these transactions; the filing shows the net shares issued from this conversion (921) and the details of the new RSU grants.

Form 4

Period: 2026-03-20

President

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-23+1,933→ 99,166 total
Tax Payment
Common Stock
2026-03-23$51.98/sh−1,012$52,604→ 98,154 total
Award
Restricted Stock Units
[F2][F3][F4]
2026-03-20+36,552→ 36,552 total
Exp: 2036-03-20→ Common Stock (36,552 underlying)
Award
Restricted Stock Units
[F2][F3][F5]
2026-03-20+36,552→ 36,552 total
Exp: 2036-03-20→ Common Stock (36,552 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F3][F6]
2026-03-23−1,933→ 0 total
Exp: 2033-03-21→ Common Stock (1,933 underlying)

Footnotes (6)

[F1]Restricted stock units convert into one share of Issuer common stock, par value $0.01 per share ("Common Stock") on a one-for-one basis.
[F2]Granted under the Company's 2020 Omnibus Incentive Plan.
[F3]Each restricted stock unit represents a contingent right to receive one share of Issuer Common Stock.
[F4]On March 20, 2026, the Reporting Person was granted 36,552 performance-based restricted stock units ("PRSUs"). These PRSUs vest if certain preestablished performance metrics related to the Company's (i) adjusted pre-tax income, (ii) return on invested capital, and (iii) adjusted free cash flow over a 3-year period beginning on February 1, 2026 and ending on February 3, 2029, are achieved and certified by the Issuer's compensation committee (which, if any, may vary from 0% to 200% of the number shown above), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
[F5]On March 20, 2026, subject to the Reporting Person's continued service, the Reporting Person was granted 36,552 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date.
[F6]On March 21, 2023, subject to the Reporting Person's continued service, the Reporting Person was granted 5,798 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date.

Signature

/s/ Gary Holland, Attorney-in-Fact|2026-03-23

1 file