How is the AEO CEO related to the company in this Form 4?

Jay L. Schottenstein is identified as both a Director and an Officer , serving as Exec Chairman & CEO of American Eagle Outfitters Inc.

AEO (NYSE: AEO) CEO adds 1,321 dividend equivalent rights

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

The filing states that the dividend equivalent rights accrued on previously awarded RSUs and vest proportionately with those RSUs. Each right is the economic equivalent of one share of American Eagle Outfitters common stock.

Q: Was this AEO insider transaction a purchase, sale, or award?

The transaction code is A , indicating an acquisition of 1,321 dividend equivalent rights, with a reported price of $0.0000 per right, reflecting an automatic award rather than an open-market trade.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

American Eagle Outfitters (AEO) insider activity: Exec Chairman and CEO Jay L. Schottenstein reported an automatic award of 1,321 dividend equivalent rights on January 23, 2026. These rights are tied to previously granted restricted stock units and vest in the same proportion and schedule as the related RSUs. Each dividend equivalent right is the economic equivalent of one share of American Eagle Outfitters common stock. Following this award, Schottenstein beneficially owned 12,105 derivative securities representing dividend equivalent rights, held directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SCHOTTENSTEIN JAY L

Role Exec Chairman & CEO

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	1,321	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 12,105 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

01/27/2026 - 04:23 PM

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^*

SCHOTTENSTEIN JAY L

(Last)

(First)

(Middle)

4300 E. FIFTH AVE.

(Street)

COLUMBUS

43219

(City)

(State)

(Zip)

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
X	Officer (give title below)	Other (specify below)
	Exec Chairman & CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Dividend Equivalent Rights	⁽¹⁾	01/23/2026		A		1,321		⁽¹⁾	⁽¹⁾	Common Stock, without par value	1,321	$0.0000	12,105	D

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-Fact	01/26/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did AEO CEO Jay Schottenstein report on this Form 4?

Jay L. Schottenstein reported an automatic award of 1,321 dividend equivalent rights on January 23, 2026, related to his existing restricted stock units.

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

The filing states that the dividend equivalent rights accrued on previously awarded RSUs and vest proportionately with those RSUs. Each right is the economic equivalent of one share of American Eagle Outfitters common stock.

How many derivative securities does the AEO CEO hold after this transaction?

After the reported transaction, Jay L. Schottenstein beneficially owned 12,105 derivative securities representing dividend equivalent rights, held directly.

Was this AEO insider transaction a purchase, sale, or award?

The transaction code is A, indicating an acquisition of 1,321 dividend equivalent rights, with a reported price of $0.0000 per right, reflecting an automatic award rather than an open-market trade.

Does this AEO Form 4 involve restricted stock units (RSUs)?

Yes. The footnote explains that the dividend equivalent rights accrued on previously awarded RSUs and will vest proportionately with the RSUs to which they relate.