McCabe Matthew M. 4

4 · Academy Sports & Outdoors, Inc. · Filed Mar 26, 2026

AI-generated summary of this filing

Updated Mar 26, 2026

Academy Sports (ASO) EVP McCabe Exercises RSUs; 2,563 Shares Withheld

What Happened

Matthew M. McCabe, EVP & Chief Marketing Officer of Academy Sports & Outdoors (ASO), converted restricted stock units (RSUs) into 6,512 shares of common stock on March 25–26, 2026. To satisfy tax withholding obligations, 2,563 shares were surrendered (1,311 shares on 3/25 at $53.54 = $70,191; 1,252 shares on 3/26 at $53.33 = $66,769), totaling $136,960. After withholding, McCabe received a net 3,949 shares. These transactions reflect RSU settlement (derivative conversion) with share withholding for taxes, not an open-market sale or purchase.

Key Details

Transaction dates: March 25, 2026 and March 26, 2026.
RSUs converted (M code): 3,331 shares (3/25) + 3,181 shares (3/26) = 6,512 shares converted.
Tax withholding (F code / disposed): 1,311 shares @ $53.54 = $70,191; 1,252 shares @ $53.33 = $66,769; total withheld value = $136,960.
Net shares retained after withholding: 3,949 shares.
Footnotes: RSUs convert one-for-one into common stock, granted under the Company’s 2020 Omnibus Incentive Plan; referenced prior time‑based RSU grants (Mar 26, 2024 and Mar 25, 2025) with typical multi-year vesting schedules.
Filing timeliness: Reported promptly (Period of Report 2026-03-25; filing date 2026-03-26).
Transaction codes explained: M = exercise/conversion of derivative (RSU settlement); F = shares surrendered to satisfy tax withholding.

Context

These transactions are a cashless-style settlement of RSUs: the award units were converted into shares and a portion was withheld to cover taxes. This is a common administrative step when equity awards vest and does not by itself signal a buy or sell decision in the open market.

Form 4

Period: 2026-03-25

EVP & CMO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-25+3,331→ 23,308 total
Tax Payment
Common Stock
2026-03-25$53.54/sh−1,311$70,191→ 21,997 total
Exercise/Conversion
Common Stock
[F1]
2026-03-26+3,181→ 25,178 total
Tax Payment
Common Stock
2026-03-26$53.33/sh−1,252$66,769→ 23,926 total
Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]
2026-03-26−3,181→ 3,182 total
Exp: 2034-03-26→ Common Stock (3,181 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F3][F5]
2026-03-25−3,331→ 6,663 total
Exp: 2035-03-25→ Common Stock (3,331 underlying)

Footnotes (5)

[F1]Restricted stock units convert into 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 Common Stock.
[F4]On March 26, 2024, subject to the Reporting Person's continued service, the Reporting Person was granted 9,544 time-based restricted stock units that vest in three equal installments beginning on the first anniversary of the grant date.
[F5]On March 25, 2025, subject to the Reporting Person's continued service, the Reporting Person was granted 9,994 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|2026-03-26

1 file