AEO (NYSE: AEO) holder plans $2.27M Form 144 share sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
AEO shareholder Jay Schottenstein has filed a notice of proposed sale on Form 144 to sell up to 87,891 shares of common stock through Raymond James & Associates. The shares have an indicated aggregate market value of $2,270,000.00, with trading expected on the NYSE around 01/21/2026.
The filing notes these shares were originally acquired in the issuer’s IPO on 04/13/1994 via an in-kind exchange. It also reports that during the past three months, Schottenstein sold 83,333 common shares on 01/20/2026 for $2,103,460.64 in gross proceeds. The issuer’s common shares outstanding are listed as 169,512,006.
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FAQ
What does the AEO Form 144 filing disclose?
The Form 144 discloses that shareholder Jay Schottenstein intends to sell up to 87,891 shares of AEO common stock, with an indicated market value of $2,270,000.00, through Raymond James & Associates on the NYSE.
What representation does the seller make in signing the AEO Form 144?
By signing, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.