Marley Brian T. - 12 Dec 2025 Form 4 Insider Report for Academy Sports & Outdoors, Inc. (ASO)

Role: Director
Signature: /s/ Gary Holland, Attorney-in-Fact
Issuer symbol: ASO
Transactions as of: 12 Dec 2025
Net transactions value: -$1,136,688
Form type: 4
Filing time: 15 Dec 2025, 18:26:11 UTC
Previous filing: 13 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
MARLEY BRIAN T	Director	C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY	/s/ Gary Holland, Attorney-in-Fact	15 Dec 2025	0001246421

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASO	Common Stock	Sale	$836,996	-15,152	-25%	$55.24	44,526	12 Dec 2025	Direct	F1
transaction	ASO	Common Stock	Sale	$107,157	-1,919	-4.3%	$55.84	42,607	12 Dec 2025	Direct	F2
transaction	ASO	Common Stock	Sale	$192,535	-3,500	-8.2%	$55.01	39,107	15 Dec 2025	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $54.63 to $55.55, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $55.72 to $56.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $54.63 to $55.55, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $55.72 to $56.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.