American Eagle exec exercises RSUs, tax shares withheld
AMERICAN EAGLE OUTFITTERS INC Global Brand President-aerie Jennifer M. Foyle reported routine equity compensation activity involving restricted stock units and related awards.
Rhea-AI Filing Summary
AMERICAN EAGLE OUTFITTERS INC Global Brand President-aerie Jennifer M. Foyle reported routine equity compensation activity involving restricted stock units and related awards. She exercised dividend equivalent rights and restricted stock units that together delivered 23,161 shares of common stock at an exercise price of $0.00 per share.
To satisfy tax obligations from this vesting, 12,809 shares of common stock were disposed of through a tax-withholding transaction at $16.09 per share, rather than through an open-market sale. Following these transactions, Foyle directly holds 298,079 shares of American Eagle Outfitters common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 1,900 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 21,261 | $0.00 | $0.00 |
| Exercise | Common Stock, without par value | 23,161 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, without par value | 12,809 | $16.09 | $206K |
Footnotes (3)
- F1. 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.
- F2. Each restricted stock unit represents a contingent right to receive one share of American Eagle Outfitters common stock.
- F3. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the date of grant.
Key Figures
Key Terms
Dividend Equivalent Rights financial
Restricted Stock Unit financial
tax-withholding disposition financial
vest in three equal annual installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AEO executive Jennifer Foyle report on this Form 4?
What equity awards did Jennifer Foyle exercise in this AEO Form 4?
What does the tax-withholding disposition mean in Jennifer Foyle’s AEO filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.