American Eagle (NYSE: AEO) executive exercises stock options and reports major share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Eagle Outfitters, Inc. reported insider equity transactions by its Global Brand President - aerie. The executive exercised stock options to acquire 127,607 shares of common stock at an exercise price of $21.41 per share and 86,084 shares at $8.62 per share. On the same day, 243,047 shares of common stock were sold in an open market transaction at a weighted average price of $24.3 per share, with individual sale prices ranging from $24.21 to $24.435. Following these transactions, the executive directly beneficially owned 191,751 shares of American Eagle Outfitters common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 243,047 shares ($5,906,042)
Net Sell
5 txns
Insider
Foyle Jennifer M.
Role
Global Brand President-aerie
Sold
243,047 shs ($5.91M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option - Right to Buy | 127,607 | $0.00 | -- |
| Exercise | Stock Option - Right to Buy | 86,084 | $0.00 | -- |
| Exercise | Common Stock, without par value | 127,607 | $21.41 | $2.73M |
| Exercise | Common Stock, without par value | 86,084 | $8.62 | $742K |
| Sale | Common Stock, without par value | 243,047 | $24.30 | $5.91M |
Holdings After Transaction:
Stock Option - Right to Buy — 0 shares (Direct);
Common Stock, without par value — 348,714 shares (Direct)
Footnotes (1)
- Price represents a weighted average of the sale price. Shares were sold at prices ranging from $24.21 to $24.435. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price. Option vests 1/3 per year beginning on the first anniversary of the date of grant.