American Eagle director adds 1,320 units via dividends; holds 180,626

Rhea-AI Filing Summary

American Eagle Outfitters (AEO) reported an insider equity change for a director. On 10/29/2025, the director acquired 1,320 share units (code A) as dividend equivalent rights credited on previously awarded units. These units have the economic equivalent of one common share and become payable upon the director’s termination of service. Following this transaction, the director beneficially owns 180,626 derivative share units, held directly, at an acquisition price of $0.0000 per unit.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MCMILLAN CARY D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Share Units	1,320	$0.00	--

Holdings After Transaction: Share Units — 180,626 shares (Direct)

Footnotes (1)

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 a special dividend and accrued dividend equivalent rights.

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^*

MCMILLAN CARY D

(Last) (First) (Middle)

225 WEST WACKER DRIVE - SUITE 1600

(Street)

CHICAGO IL 60606

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/29/2025

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)
			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
Share Units	(1)	10/29/2025		A		1,320(2)		(1)	(1)	Common Stock, without par value	1,320	$0.0000	180,626(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 a special dividend and accrued dividend equivalent rights.

	Robert J. Tannous, Attorney-in-Fact	10/31/2025
	** 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.

FAQ

What did AEO disclose in this Form 4?

A director acquired 1,320 share units on 10/29/2025 as dividend equivalent rights, with a reported price of $0.0000 per unit.

How many AEO derivative share units does the director now hold?

Following the transaction, the director beneficially owns 180,626 derivative share units, held directly.

What are the AEO share units referenced in the filing?

Each share unit has the economic equivalent of one share of common stock and becomes payable upon the director’s termination of service.

What triggered the acquisition of 1,320 AEO share units?

They represent dividend equivalent rights accrued on previously awarded share units.

What security underlies the derivative share units for AEO?

The underlying security is Common Stock (no par value) of American Eagle Outfitters.

What was the ownership form reported for these AEO units?

The Form 4 lists the ownership form as Direct (D).