$DKS · DICK'S SPORTING GOODS, INC.
DICK'S SPORTING GOODS President - Foot Locker Intl Matthew Barnes reported an open-market purchase of 3,665 shares at $136.39 per share, totaling $499,868.98. The transaction was not executed under a 10b5-1 trading plan.
- Matthew Barnes, President - Foot Locker Intl, purchased 3,665 shares at $136.39 each for a total of $499,868.98.
- The purchase was an open-market buy (code P), not executed under a 10b5-1 trading plan.
- Barnes now holds 11,965 shares following the transaction.
- The buy represents a nearly 44% increase in his DKS position (from ~8,300 shares prior).
DKS closed the regular session at $135.06, down 1.64% from the filing-time price. The insider buy at $136.39 — above the current after-hours price of $132.85 — signals conviction from a senior executive despite the day's decline.
A ~$500K open-market buy by a senior executive without a 10b5-1 plan is a high-conviction signal, especially from an insider with cross-industry visibility into the athletic retail ecosystem.
Foot Locker International president buying into DKS — a major retail partner and competitor in the athletic/sporting goods space — is a notable cross-pollination signal.
The purchase was not made under a 10b5-1 plan, meaning Barnes had discretion on timing and chose to buy at this level.
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