STOCK TITAN

AEO (NYSE: AEO) HR chief settles RSUs, 2,113 shares withheld for tax

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

Rhea-AI Filing Summary

American Eagle Outfitters EVP–CHRO Marisa Baldwin exercised equity awards into common stock. She converted 341 dividend equivalent rights and 3,797 restricted stock units into a total of 4,138 shares of common stock. A separate transaction shows 2,113 shares withheld at $16.09 per share to cover tax obligations, leaving her with 48,010 directly held shares. The footnotes explain that each dividend equivalent right and restricted stock unit represents the economic or contingent right to receive one share of American Eagle common stock, with the restricted stock units vesting in three equal annual installments beginning on the first anniversary of the grant date.

Positive

  • None.

Negative

  • None.
Insider Baldwin Marisa
Role EVP - CHRO
Type Security Shares Price Value
Exercise Dividend Equivalent Rights 341 $0.00 --
Exercise Restricted Stock Unit 3,797 $0.00 --
Exercise Common Stock, without par value 4,138 $0.00 --
Tax Withholding Common Stock, without par value 2,113 $16.09 $34K
Holdings After Transaction: Dividend Equivalent Rights — 865 shares (Direct); Restricted Stock Unit — 0 shares (Direct); Common Stock, without par value — 50,123 shares (Direct)
Footnotes (1)
  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. Each restricted stock unit represents a contingent right to receive one share of American Eagle Outfitters common stock. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the date of grant.
Dividend equivalent rights exercised 341 shares Converted into common stock on 2026-03-30
Restricted stock units exercised 3,797 units Converted into common stock on 2026-03-30
Total common shares acquired 4,138 shares Common stock received from equity award exercises
Shares withheld for taxes 2,113 shares Tax-withholding disposition at $16.09 per share
Tax withholding price <money>$16.09</money>/share Value used for shares delivered for tax liability
Post-transaction holdings 48,010 shares Common stock directly owned after transactions
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 Unit financial
"Each restricted stock unit represents a contingent right to receive one share…"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share…"
vest in three equal annual installments financial
"The restricted stock units vest in three equal annual installments…"
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*
Baldwin Marisa

(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 - CHRO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026
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
Common Stock, without par value03/30/2026M4,138A$0.000050,123D
Common Stock, without par value03/30/2026F2,113D$16.0948,010D
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)03/30/2026M341 (1) (1)Common Stock, without par value341$0.0000865D
Restricted Stock Unit(2)03/30/2026M3,797 (3)03/30/2026Common Stock, without par value3,797$0.00000.0000D
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.
2. Each restricted stock unit represents a contingent right to receive one share of American Eagle Outfitters common stock.
3. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the date of grant.
Robert J. Tannous, Attorney-in-Fact03/31/2026
** 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 executive Marisa Baldwin report in this Form 4?

Marisa Baldwin reported exercises of dividend equivalent rights and restricted stock units into AEO common stock, plus a tax-withholding share disposition. These transactions reflect equity awards vesting and being settled in shares as part of her compensation package.

How many American Eagle (AEO) shares did Marisa Baldwin acquire?

Baldwin acquired 4,138 shares of American Eagle common stock through exercises of dividend equivalent rights and restricted stock units. These derivative awards converted on the same date into common shares, increasing her direct equity stake before tax withholding.

How many AEO shares were withheld for Marisa Baldwin’s taxes?

A total of 2,113 AEO common shares were withheld at $16.09 per share to satisfy tax obligations. This is coded as an F transaction, meaning payment of tax liability by delivering securities rather than an open-market sale by the executive.

What is Marisa Baldwin’s AEO shareholding after these transactions?

After the equity award exercises and tax withholding, Baldwin directly holds 48,010 shares of American Eagle common stock. This post-transaction balance reflects her ongoing ownership position following the vesting and settlement of the reported awards.

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

Dividend equivalent rights in this filing are awards tied to previously granted restricted stock units that accrue value as if dividends were paid. Each right is described as the economic equivalent of one share of American Eagle Outfitters common stock when converted.

How do Marisa Baldwin’s AEO restricted stock units vest?

The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date. As they vest, each unit represents a contingent right to receive one share of American Eagle Outfitters common stock, according to the footnotes.