{"url_path":"/sec/poww/10-k/2026/item-5","section_key":"item-5","section_title":"Item 5 MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-22","source_url":"https://www.sec.gov/Archives/edgar/data/1015383/0001193125-26-276653-index.html","accession_number":"0001193125-26-276653","cik":"0001015383","ticker":"POWW","issuer_name":"Outdoor Holding Co","edgar_url":"https://www.sec.gov/Archives/edgar/data/1015383/0001193125-26-276653-index.html","primary_entity_key":"0001015383","primary_entity_name":"Outdoor Holding Co"},"word_count":837,"has_tables":true,"body_markdown":"ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES\n\nMarket Information\n\nOur common stock is listed on the Nasdaq Capital Market under the trading symbol “POWW”.\n\nHolders of Common Equity\n\nAs of June 15, 2026, there were approximately 253 holders of record of the common stock. This number is based on the actual number of holders registered at such date and does not include holders whose shares are held in “street name” by brokers and other nominees.\n\nDividend Information\n\nWe have never declared or paid dividends on our common stock. Payment of future dividends, if any, will be at the discretion of our Board of Directors after taking into account various factors, including the terms of any credit arrangements, our financial condition, operating results, current and anticipated cash needs and plans for expansion. At the present time, we intend to retain any earnings in our business and therefore do not anticipate paying dividends on our common stock in the foreseeable future. We paid preferred dividends on our Series A Preferred Stock in the amount of $3.0 million for each of the years ended March 31, 2026 and 2025.\n\nWe currently have $0.1 million of unpaid accrued dividends on our Series A Preferred Stock as of March 31, 2026. Accordingly, we may not be able to declare a dividend on our common stock unless full cumulative dividends on the Series A Preferred Stock have been or contemporaneously are declared and paid or declared.\n\nSecurities Authorized for Issuance under Equity Compensation Plans\n\nThe following table sets forth information as of March 31, 2026 with respect to our compensation plans under which equity securities may be issued.\n\nPlan Category\n\n \n\nNumber of Securities\nto be Issued upon\nExercise of Outstanding\nOptions, Warrants\nand Rights\n\n \n\n \n\nWeighted-Average\nExercise Price of\nOutstanding Options,\nWarrants and Rights\n\n \n\n \n\nNumber of Securities\nRemaining Available\nfor Future Issuance\nunder Equity\nCompensation Plans\n(Excluding Securities\nReflected in Column (a))\n\n \n\n \n\n(a)\n\n \n\n \n\n(b)\n\n \n\n \n\n(c)\n\n \n\nEquity compensation plans approved by security holders:\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n2025 Long-Term Incentive Plan\n\n \n\n \n\n-\n\n \n\n \n\n \n\n-\n\n \n\n \n\n \n\n9,139,278\n\n \n\n2017 Equity Incentive Plan(1)\n\n \n\n \n\n400,000\n\n \n\n \n\n$\n\n2.08\n\n \n\n \n\n \n\n—\n\n \n\nTotal\n\n \n\n \n\n400,000\n\n \n\n \n\n \n\n-\n\n \n\n \n\n \n\n9,139,278\n\n \n\n \n\n(1)\nIn October 2017, our Board of Directors approved the 2017 Plan. The 2017 Plan initially permitted the issuance of equity-based instruments covering up to a total of 485,000 shares of common stock. Our Board of Directors and stockholders approved an increase of 4,515,000 shares in October 2020, an additional increase of 1,000,000 shares in March 2023, and an additional increase of 3,000,000 shares in February 2024, bringing the total shares allowed under the 2017 Plan to 9,000,000. The 2017 Plan was terminated\n\n \n\n27\n\n \n\nwith respect to future awards on August 29, 2025 and was replaced by the 2025 Long-Term Incentive Plan.\n\nTransfer Agent\n\nWe have appointed Computershare Trust Company (“Computershare”) as the transfer agent for our common stock and Series A Preferred Stock. The principal office of Computershare is located at 150 Royall St., Suite 101, Canton, MA 02021, and its telephone number dedicated to Outdoor Holding Company customer service is (877) 373-6374.\n\nIssuer Repurchase of Equity Securities\n\nOn January 4, 2026, our Board of Directors authorized a discretionary share repurchase program pursuant to which we may repurchase up to $15.0 million of our outstanding common stock over a period of twelve months. Repurchases under the program may be made from time to time, in management’s discretion, through open market purchases, privately negotiated transactions, and other means in accordance with federal securities laws, including pursuant to one or more Rule 10b5-1 trading plans. The timing, volume, and value of any repurchases will be determined by management based on factors including market conditions, the Company’s liquidity and capital needs, and other factors deemed relevant. The share repurchase program does not obligate the Company to repurchase any specific number of shares and may be modified, suspended, or terminated at any time at the discretion of the Board or management. Any repurchases under the program will be funded from the Company’s existing cash balances, future operating cash flow, or other legally available funds. Repurchases will be conducted in accordance with the Company’s insider trading policy and applicable trading window restrictions.\n\nThe following table summarizes our share repurchases under our current repurchase program during the fourth quarter of the 2026 fiscal year:\n\nPeriod\n\n \n\nTotal Number of Shares Repurchased\n\n \n\n \n\nAverage Price Paid per Share(1)\n\n \n\n \n\nTotal Number of Shares Repurchased as Part of Publicly Announced Plan or Programs(2)\n\n \n\n \n\nApproximate Maximum Number orDollar Value of Shares that may yet be Repurchased Under the Plan or Programs\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nJanuary 1, 2026 - January 31, 2026\n\n \n\n \n\n-\n\n \n\n \n\n$\n\n-\n\n \n\n \n\n \n\n-\n\n \n\n \n\n$\n\n15,000,000\n\n \n\nFebruary 1, 2026 - February 28, 2026\n\n \n\n \n\n178,784\n\n \n\n \n\n \n\n1.93\n\n \n\n \n\n \n\n178,784\n\n \n\n \n\n$\n\n14,655,773\n\n \n\nMarch 1, 2026 - March 31, 2026\n\n \n\n \n\n335,141\n\n \n\n \n\n \n\n1.96\n\n \n\n \n\n \n\n513,925\n\n \n\n \n\n$\n\n13,998,563\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nTotal\n\n \n\n \n\n513,925\n\n \n\n \n\n$\n\n1.95\n\n \n\n \n\n \n\n513,925\n\n \n\n \n\n \n\n \n\n(1) Excludes immaterial broker commissions and excise tax accruals.\n\n(2) On January 5, 2026, we announced that our Board of Directors approved the share repurchase program for up to $15.0 million of our outstanding common stock, which expires on January 4, 2027."}