How many American Eagle (AEO) share units does Cary D. McMillan hold after this grant?

After the April 24, 2026 award, Cary D. McMillan holds 182,829 share units . This figure reflects his total direct holdings, including units previously granted and those tied to accrued dividend equivalent rights on earlier awards.

When do Cary D. McMillan’s American Eagle (AEO) share units become payable?

The share units become payable when Cary D. McMillan’s service as a director ends . At that time, the units are settled based on the underlying common stock value, aligning his compensation with long-term shareholder outcomes.

What is the economic value of Cary D. McMillan’s American Eagle (AEO) share units?

Each share unit has the economic equivalent of one share of American Eagle common stock. While no cash price is shown in the filing, the units are designed to track the company’s stock value over time as deferred equity compensation.

American Eagle (NYSE: AEO) director granted 1,267 share units as award

Q: What did American Eagle (AEO) director Cary D. McMillan receive in this Form 4?

Cary D. McMillan received an award of 1,267 share units linked to American Eagle common stock. These share units are part of his director compensation and mirror the value of one common share each over time.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

MCMILLAN CARY D reported acquisition or exercise transactions in this Form 4 filing.

American Eagle Outfitters director Cary D. McMillan received an award of 1,267 share units on April 24, 2026. Each share unit has the economic equivalent of one share of common stock and becomes payable when his service as a director ends.

The new award, which includes share units tied to accrued dividend equivalent rights, brings his total direct holdings to 182,829 share units linked to American Eagle common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MCMILLAN CARY D

Role null

Type	Security	Shares	Price	Value
Grant/Award	Share Units	1,267	$0.00	--

Holdings After Transaction: Share Units — 182,829 shares (Direct, null)

Footnotes (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. Shares represent dividend equivalent rights accrued on previously awarded share units. Total includes share units acquired pursuant to accrued dividend equivalent rights.

Key Figures

Share units granted: 1,267 share units Total share units after grant: 182,829 share units Underlying common stock equivalence: 1 share per unit +1 more

4 metrics

Share units granted 1,267 share units Director award on April 24, 2026

Total share units after grant 182,829 share units Director’s direct holdings following transaction

Underlying common stock equivalence 1 share per unit Each share unit equals one common share economically

Transaction price per unit $0.0000 Grant/award acquisition (no purchase price)

Key Terms

Share Units, dividend equivalent rights, Grant, award, or other acquisition, termination of service as a director

4 terms

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.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

termination of service as a director financial

"The share units become payable upon the reporting person's termination of service as a director."

Form 4 Insider Transactions: What Each Field Means →

04/28/2026 - 06:21 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^*

MCMILLAN CARY D

(Last)

(First)

(Middle)

225 WEST WACKER DRIVE - SUITE 1600

(Street)

CHICAGO

ILLINOIS

60606

(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)
04/24/2026

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)
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)
Share Units	⁽¹⁾	04/24/2026		A		1,267⁽²⁾		⁽¹⁾	⁽¹⁾	Common Stock, without par value	1,267	$0.0000	182,829⁽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	04/28/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did American Eagle (AEO) director Cary D. McMillan receive in this Form 4?

Cary D. McMillan received an award of 1,267 share units linked to American Eagle common stock. These share units are part of his director compensation and mirror the value of one common share each over time.

What are dividend equivalent rights mentioned in the American Eagle (AEO) Form 4 footnotes?

Dividend equivalent rights give additional share units when dividends are paid on common stock. In this filing, some units represent dividend equivalent rights accrued on earlier awards, and the total holdings include units from these accrued rights.