Hugh Andrew Fulmer - Jul 8, 2025 Form 4 Insider Report for American Outdoor Brands, Inc. (AOUT)

Signature
/s/ Seth A. Christensen, as Attorney-in-Fact
Stock symbol
AOUT
Transactions as of
Jul 8, 2025
Transactions value $
-$66,563
Form type
4
Date filed
7/10/2025, 09:46 PM
Previous filing
May 7, 2025
Next filing
Sep 23, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Fulmer Hugh Andrew EVP, CFO & Treasurer 1800 N ROUTE Z, COLUMBIA /s/ Seth A. Christensen, as Attorney-in-Fact 2025-07-10 0001817761

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AOUT Common Stock Options Exercise $0 +22.4K +19.71% $0.00 136K Jul 8, 2025 Direct F1
transaction AOUT Common Stock Tax liability -$66.6K -6.55K -4.81% $10.17 130K Jul 8, 2025 Direct F2
transaction AOUT Common Stock Award $0 +13.3K +10.29% $0.00 143K Jul 8, 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AOUT Performance Rights Options Exercise -22.4K -100% 0 Jul 8, 2025 Common Stock 22.4K Direct F1
transaction AOUT Performance Rights Award +26.7K 26.7K Jul 8, 2025 Common Stock 26.7K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on stock price performance over a three-year performance period. The number of shares to be delivered is the maximum number of shares that may be delivered pursuant to the award.
F2 Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of performance rights.
F3 One third of the restricted stock units shall vest and be delivered, net of withholding, on July 9, 2026, May 1, 2027, and May 1, 2028.
F4 Each performance right represents a contingent right to receive one share of the issuer's stock. The performance rights vest based on cumulative adjusted EBITDA and average return on invested capital metrics over a three-year performance period. The number represents the maximum number of shares that may be delivered pursuant to the award, which is two times the target number of shares.