STOCK TITAN

AEO (NYSE: AEO) CFO receives 350 dividend equivalent rights grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mathias Michael A. reported acquisition or exercise transactions in this Form 4 filing.

AMERICAN EAGLE OUTFITTERS INC Executive Vice President and CFO Michael A. Mathias received a grant of 350 dividend equivalent rights on April 24, 2026. These rights were accrued on previously awarded restricted stock units and vest in the same proportion and schedule as those units.

Each dividend equivalent right is the economic equivalent of one share of American Eagle Outfitters common stock, providing additional compensation linked to the underlying equity. Following this grant, Mathias holds a total of 1,344 dividend equivalent rights directly.

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Insider Mathias Michael A.
Role EVP and CFO
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights 350 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights — 1,344 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Dividend equivalent rights granted 350 rights Grant on April 24, 2026
Dividend equivalent rights after transaction 1,344 rights Holdings following April 24, 2026 grant
Price per right $0.00 Grant price for dividend equivalent rights
Underlying common stock equivalent 350 shares Each right equals one common share economically
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs)"
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.
restricted stock units (RSUs) financial
"accrued on previously awarded restricted stock units (RSUs) which vest proportionately"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
economic equivalent of one share financial
"Each dividend equivalent right is the economic equivalent of one share of American Eagle Outfitters common stock"
derivative financial
"transaction_type": "derivative","transaction_shares":"350.0000""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
SEC Form 4
FORM 4UNITED 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*
Mathias Michael A.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Rights(1)04/24/2026A350 (1) (1)Common Stock, without par value350$0.00001,344D
Explanation of Responses:
1. The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of American Eagle Outfitters common stock.
Robert J. Tannous, Attorney-in-Fact04/28/2026
** Signature of Reporting PersonDate
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)

FAQ

What did AEO EVP and CFO Michael A. Mathias report on this Form 4?

Michael A. Mathias reported receiving a grant of 350 dividend equivalent rights. These rights are tied to previously awarded restricted stock units and represent compensation rather than an open-market stock purchase or sale, reflecting additional equity-linked benefits for the executive.

What are dividend equivalent rights in the AEO Form 4 filing?

Dividend equivalent rights are awards that mirror dividends on underlying shares. In this case, each right is the economic equivalent of one American Eagle Outfitters common share and accrues on previously granted restricted stock units, vesting proportionately with those units over time.

How many dividend equivalent rights does the AEO CFO hold after this transaction?

After this transaction, the AEO CFO holds 1,344 dividend equivalent rights. This total includes the newly accrued 350 rights and represents his direct holdings of these derivative compensation instruments linked to American Eagle Outfitters common stock performance and dividends.

Is the AEO CFO’s Form 4 transaction an open-market buy or sell of stock?

The transaction is not an open-market buy or sell of stock. It reflects a compensation-related acquisition of 350 dividend equivalent rights that accrued on existing restricted stock units, providing economic exposure equivalent to shares without a cash purchase or sale on the market.

How do these dividend equivalent rights relate to AEO restricted stock units (RSUs)?

The dividend equivalent rights accrued on previously awarded AEO restricted stock units. They vest proportionately with the RSUs to which they relate, meaning the rights follow the same vesting schedule and enhance the overall economic value of the original RSU awards.

What underlying security is associated with the reported dividend equivalent rights at AEO?

The underlying security for the dividend equivalent rights is American Eagle Outfitters common stock, without par value. Each of the 350 rights reported corresponds economically to one share of this common stock, aligning the executive’s compensation with shareholder value.