American Eagle Outfitters (NYSE: AEO) director receives 349 share units award

Rhea-AI Filing Summary

Sable David M. reported acquisition or exercise transactions in this Form 4 filing.

American Eagle Outfitters director David M. Sable received a grant of 349 share units on July 24, 2026, as a derivative award tied to common stock. Each share unit is economically equivalent to one common share and becomes payable when his board service ends, bringing his total share units to 47,782.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sable David M.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Share Units F1, F2, F3	349	$0.00	$0.00

Holdings After Transaction: Share Units — 47,782 shares (Direct)

Footnotes (3)

1. F1. Each share unit has the economic equivalent of one share of common stock. The share units become payable upon the reporting person's termination of service as a director.
2. F2. Shares represent dividend equivalent rights accrued on previously awarded share units.
3. F3. Total includes share units acquired pursuant to accrued dividend equivalent rights.

Key Figures

Share units granted: 349.0000 share units Total share units after transaction: 47782.0000 share units Transaction price per share unit: 0.0000 per share +2 more

5 metrics

Share units granted 349.0000 share units Grant of share units to director on 2026-07-24

Total share units after transaction 47782.0000 share units Director’s share unit holdings following the award

Transaction price per share unit 0.0000 per share Grant/award of share units with no cash price

Underlying common shares 349.0000 shares Each share unit corresponds to one common share equivalent

Derivative transactions reported 1 Single derivative-type award transaction on this Form 4

Key Terms

Share Units, dividend equivalent rights, economic equivalent

3 terms

Share Units financial

"Security titled Share Units granted to the director as a derivative award."

dividend equivalent rights financial

"Shares represent dividend equivalent rights accrued on previously awarded share units."

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

economic equivalent financial

"Each share unit has the economic equivalent of one share of common stock."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/28/2026 - 04:41 PM Accepted by SEC EDGAR 07/28/2026 - 04:41 PM Learn about SEC filing dates

FAQ

What insider transaction did American Eagle Outfitters (AEO) report for David M. Sable?

American Eagle Outfitters reported that director David M. Sable received a grant of 349 share units on July 24, 2026. These derivative units mirror common stock value and reflect dividend equivalent rights on his previously awarded share units.

How many share units does American Eagle Outfitters (AEO) director David M. Sable hold after this Form 4?

Following the reported award, David M. Sable holds a total of 47,782 share units. This total includes share units previously granted as well as additional units accrued through dividend equivalent rights tied to earlier share unit awards.

What are the key terms of the share units reported for American Eagle (AEO) director David M. Sable?

Each reported share unit has the economic equivalent of one share of American Eagle common stock. The units become payable only when Sable’s service as a director ends, aligning the award with his continued board tenure and long-term company performance.

Why did American Eagle Outfitters (AEO) director David M. Sable receive 349 additional share units?

The 349 share units represent dividend equivalent rights that accrued on Sable’s previously awarded share units. Instead of paying cash dividends on those units, the company credited additional share units reflecting the value of dividends that would have been paid.

Are David M. Sable’s American Eagle (AEO) share units immediately payable or restricted?

The share units are not immediately payable. According to the award terms, they become payable only upon Sable’s termination of service as a director, meaning he cannot receive the underlying value until his board tenure concludes.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sable David M.

(Last) (First) (Middle)

77 HOT METAL STREET

(Street)

PITTSBURGH PENNSYLVANIA 15203

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AMERICAN EAGLE OUTFITTERS INC [ AEO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Share Units	(1)	07/24/2026		A		349(2)		(1)	(1)	Common Stock, without par value	349	$0.0000	47,782(3)	D

Explanation of Responses:

1. Each share unit has the economic equivalent of one share of common stock. The share units become payable upon the reporting person's termination of service as a director.

2. Shares represent dividend equivalent rights accrued on previously awarded share units.

3. Total includes share units acquired pursuant to accrued dividend equivalent rights.

	Robert J. Tannous, Attorney-in-Fact	07/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)