AEO (NYSE: AEO) legal chief receives 177 dividend equivalent rights

Rhea-AI Filing Summary

Henke Beth M reported acquisition or exercise transactions in this Form 4 filing.

American Eagle Outfitters EVP & Chief Legal Officer Beth M. Henke reported a compensation-related award of 177 dividend equivalent rights on April 24, 2026. These rights accrued on previously granted restricted stock units and vest in step with those units.

Each dividend equivalent right is the economic equivalent of one share of American Eagle Outfitters common stock. Following this award, Henke directly holds 555 dividend equivalent rights. This filing reflects an equity-based compensation accrual, not an open-market stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Henke Beth M

Role EVP & Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	177	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 555 shares (Direct, null)

Footnotes (1)

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Key Figures

Dividend equivalent rights granted: 177 rights Dividend equivalent rights after transaction: 555 rights Transaction price per right: $0.0000 +1 more

4 metrics

Dividend equivalent rights granted 177 rights Grant on April 24, 2026

Dividend equivalent rights after transaction 555 rights Total holdings following award

Transaction price per right $0.0000 Compensation grant, not open-market purchase

Underlying common stock equivalence 177 shares Each right equals one share of common stock

Key Terms

Dividend Equivalent Rights, restricted stock units (RSUs), Common Stock, without par value

3 terms

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

"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs)..."

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.

Common Stock, without par value financial

"underlying_security_title: Common Stock, without par value"

Form 4 Insider Transactions: What Each Field Means →

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^*

Henke Beth M

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Legal Officer

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Rights	(1)	04/24/2026		A		177		(1)	(1)	Common Stock, without par value	177	$0.0000	555	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	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)

FAQ

What insider transaction did AEO executive Beth M. Henke report on this Form 4?

Beth M. Henke reported receiving 177 dividend equivalent rights as compensation. These rights accrued on previously awarded restricted stock units and vest proportionately with those units, providing economic exposure equivalent to American Eagle Outfitters common stock without an open-market share purchase.

What are dividend equivalent rights in the AEO Form 4 for Beth M. Henke?

Dividend equivalent rights give Henke economic value equal to AEO dividends on her restricted stock units. Each right is the economic equivalent of one share of common stock and will vest over time alongside the underlying RSUs previously granted to her.

How many dividend equivalent rights does AEO executive Beth M. Henke hold after this transaction?

After this transaction, Beth M. Henke holds 555 dividend equivalent rights directly. The April 24, 2026 award added 177 new rights, which accrued on her existing restricted stock units and will vest proportionately with those underlying equity awards over time.

Did Beth M. Henke buy or sell AEO common stock in this Form 4 filing?

This Form 4 does not show an open-market buy or sell of AEO common stock by Beth M. Henke. Instead, it reflects a grant of 177 dividend equivalent rights tied to existing restricted stock units as part of her equity-based compensation.

How do dividend equivalent rights for AEO executives relate to restricted stock units?

For AEO executives, the dividend equivalent rights in this filing accrue on previously granted restricted stock units. They vest proportionately with the related RSUs, giving economic exposure similar to common stock dividends without immediately issuing additional common shares.