American Eagle (NYSE: AEO) brand president vests RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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
23,161 shares exercised/converted
Mixed
4 txns
Insider
Foyle Jennifer M.
Role
Global Brand President-aerie
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 1,900 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 21,261 | $0.00 | -- |
| Exercise | Common Stock, without par value | 23,161 | $0.00 | -- |
| Tax Withholding | Common Stock, without par value | 12,809 | $16.09 | $206K |
Holdings After Transaction:
Dividend Equivalent Rights — 4,452 shares (Direct);
Restricted Stock Unit — 0 shares (Direct);
Common Stock, without par value — 310,888 shares (Direct)
Footnotes (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.
Key Figures
Dividend equivalent rights exercised: 1,900 units
Restricted stock units exercised: 21,261 units
Common shares acquired from awards: 23,161 shares
+3 more
6 metrics
Dividend equivalent rights exercised
1,900 units
Converted into common stock on March 30, 2026
Restricted stock units exercised
21,261 units
Converted into common stock on March 30, 2026
Common shares acquired from awards
23,161 shares
Common stock received via derivative exercises
Shares withheld for taxes
12,809 shares
Tax-withholding disposition at $16.09 per share
Tax-withholding price
$16.09 per share
Value used for shares withheld on March 30, 2026
Shares held after transactions
298,079 shares
Direct common stock ownership after March 30, 2026
Key Terms
Dividend Equivalent Rights, Restricted Stock Unit, tax-withholding disposition, vest in three equal annual installments
4 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 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.
vest in three equal annual installments financial
"The restricted stock units vest in three equal annual installments..."
FAQ
What insider transaction did AEO executive Jennifer Foyle report on this Form 4?
Jennifer Foyle reported exercising equity awards that delivered 23,161 shares of American Eagle Outfitters common stock. These shares came from vested restricted stock units and related dividend equivalent rights, reflecting routine equity compensation rather than an open-market stock purchase or sale.
What equity awards did Jennifer Foyle exercise in this AEO Form 4?
She exercised dividend equivalent rights on 1,900 units and 21,261 restricted stock units, all converting into American Eagle common stock at an exercise price of $0.00 per share, consistent with typical restricted stock unit vesting mechanics.
What does the tax-withholding disposition mean in Jennifer Foyle’s AEO filing?
The tax-withholding disposition reflects 12,809 shares of common stock delivered at $16.09 per share to cover taxes triggered by vesting. This is an automatic mechanism to pay tax obligations and is not considered an open-market sale decision.