AEO (NYSE: AEO) CEO awarded 1,781 dividend equivalent rights, now holds 6,828

Rhea-AI Filing Summary

SCHOTTENSTEIN JAY L reported acquisition or exercise transactions in this Form 4 filing.

American Eagle Outfitters Executive Chairman and CEO Jay L. Schottenstein received a grant of 1,781 Dividend Equivalent Rights on April 24, 2026. These rights accrued on previously awarded restricted stock units and are the economic equivalent of one share of common stock each. Following this award, Schottenstein directly holds 6,828 dividend equivalent rights tied to American Eagle Outfitters common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SCHOTTENSTEIN JAY L

Role Exec Chairman & CEO

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	1,781	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 6,828 shares (Direct, null)

Footnotes (1)

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Key Figures

Dividend Equivalent Rights granted: 1,781 rights Dividend Equivalent Rights after transaction: 6,828 rights Transaction price per right: $0.0000 +1 more

4 metrics

Dividend Equivalent Rights granted 1,781 rights Grant on April 24, 2026

Dividend Equivalent Rights after transaction 6,828 rights Holdings following grant

Transaction price per right $0.0000 Compensation grant, no purchase price

Underlying common shares 1,781 shares Each right equals one share economically

Key Terms

Dividend Equivalent Rights, restricted stock units (RSUs), economic equivalent

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

"accrued on previously awarded restricted stock units (RSUs) which vest proportionately"

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.

economic equivalent financial

"Each dividend equivalent right is the economic equivalent of one share of American Eagle Outfitters common stock"

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^*

SCHOTTENSTEIN JAY L

(Last) (First) (Middle)

4300 E. FIFTH AVE.

(Street)

COLUMBUS OHIO 43219

(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
X	Officer (give title below)		Other (specify below)
	Exec Chairman & CEO

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		1,781		(1)	(1)	Common Stock, without par value	1,781	$0.0000	6,828	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 Chairman Jay Schottenstein report?

Jay L. Schottenstein reported receiving 1,781 Dividend Equivalent Rights as a compensation-related award. These rights accrued on previously granted restricted stock units and mirror dividends on American Eagle Outfitters common stock, increasing his total dividend equivalent holdings to 6,828 rights.

Are the reported AEO Dividend Equivalent Rights a stock purchase or sale?

The reported 1,781 Dividend Equivalent Rights are a grant, not a stock purchase or sale. They accrued on existing restricted stock units and represent compensation, with each right economically equivalent to one share of American Eagle Outfitters common stock.

How many Dividend Equivalent Rights does Jay Schottenstein hold after this AEO Form 4?

After this grant, Jay Schottenstein directly holds 6,828 Dividend Equivalent Rights. These instruments are linked to previously awarded restricted stock units and track the value of American Eagle Outfitters common stock dividends on a one-for-one economic basis.

What are Dividend Equivalent Rights in the context of AEO’s executive compensation?

Dividend Equivalent Rights provide cash or share-equivalent value matching dividends on underlying shares. For AEO, these rights accrued on previously granted restricted stock units, with each right economically equivalent to one share of American Eagle Outfitters common stock for dividend purposes.

Does the AEO Form 4 indicate any open-market trading by Jay Schottenstein?

The Form 4 shows no open-market trading by Jay Schottenstein. It reports only a compensation-related acquisition of 1,781 Dividend Equivalent Rights tied to restricted stock units, with no buys or sells of common stock disclosed in this filing.