Director Theresa Palermo Exercises Restricted Stock Units for 3,932 Academy Sports Shares

Academy Sports & Outdoors director Theresa Palermo exercised 3,932 restricted stock units on June 3, 2026, converting them into common stock on a one-for-one basis. The restricted stock units were originally granted on June 13, 2025 under the company's 2020 Omnibus Incentive Plan and vested 100% on the earliest of: the first anniversary of the grant date, the business day before the next Annual Meeting of Stockholders, termination due to death or disability, or a change in control. The transaction resulted in Palermo acquiring 3,932 common shares at $0 per share, increasing her total common stock holdings to 13,164 shares. This Form 4 filing reports the mandatory conversion of time-based restricted stock units into common stock, which is a routine equity compensation event for corporate directors.