American Eagle Outfitters (AEO) Form 144 Files Sale of 40,000 Shares

Rhea-AI Filing Summary

Form 144 Notice: The filer notified intent to sell 40,000 shares of common stock of the issuer through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $724,856.00 and 173,268,234 shares outstanding. The proposed approximate sale date is 09/08/2025. The shares were acquired in three open-market purchases in June 2022 (10,000 on 06/10/2022, 10,000 on 06/16/2022, and 10,000 on 06/17/2022) and paid in cash. The filer certifies no undisclosed material adverse information and acknowledges criminal penalties for misstatement.

Positive

• Full disclosure of transaction details: broker, acquisition dates, payment method, and aggregate market value are provided
• Acquisitions paid in cash, indicating straightforward purchase history with no installment or note arrangements disclosed
• Representation of no undisclosed material adverse information by the filer, consistent with Rule 144 requirements

Negative

• None.

Insights

Securities Analyst

TL;DR: This is a routine Rule 144 notice to sell previously purchased shares; transaction details and timing are disclosed.

The filing shows a planned sale of 40,000 common shares via a major broker with full disclosure of acquisition dates and cash payment, indicating compliance with Rule 144 reporting requirements. The aggregate value of $724,856 represents a small fraction of the issuer's 173,268,234 outstanding shares, so the immediate market impact is likely limited. The filer affirms no undisclosed material adverse information, which is a standard representation in these notices.

Corporate Governance Expert

TL;DR: Form 144 provides required procedural transparency; nothing in the filing signals governance concerns.

The document lists the broker, sale date, acquisition history, and payment method, meeting disclosure norms. The acquisitions were open-market purchases and fully paid in cash, suggesting no complex related-party arrangements. Absent other filings or context, this notice appears routine and procedural rather than a governance red flag.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	40000	724856.00	173268234	09/08/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/17/2022	Open Market Purchase	Issuer			10000	06/17/2022	Cash
Common	06/16/2022	Open Market Purchase	Issuer			10000	06/16/2022	Cash
Common	06/10/2022	Open Market Purchase	Issuer			20000	06/10/2022	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for AEO disclose about the planned sale?

The filing discloses a planned sale of 40,000 AEO common shares via Morgan Stanley Smith Barney LLC on the NYSE with an approximate sale date of 09/08/2025 and aggregate market value of $724,856.00.

How and when were the 40,000 AEO shares acquired?

The shares were acquired in three open-market purchases: 10,000 on 06/10/2022, 10,000 on 06/16/2022, and 10,000 on 06/17/2022, with payment in cash.

What proportion of AEO's outstanding shares does this sale represent?

The filing lists 173,268,234 shares outstanding; the 40,000-share notice represents a small fraction of that total.

Does the Form 144 indicate any undisclosed material information about AEO's operations?

No. The filer signs to represent they do not know any material adverse information about the issuer that has not been publicly disclosed.

Who is the executing broker named in the filing?

The executing broker is Morgan Stanley Smith Barney LLC, address listed as 1 New York Plaza, 8th Floor, New York, NY 10004.