American Eagle (NYSE: AEO) CEO adds 1,889 dividend equivalent rights
Rhea-AI Filing Summary
American Eagle Outfitters Inc. executive chairman and CEO Jay L. Schottenstein reported an acquisition of 1,889 Dividend Equivalent Rights on July 24, 2026. These rights accrued on previously awarded RSUs and are each economically equivalent to one share of common stock, bringing his reported Dividend Equivalent Rights holdings to 8,717.
Positive
- None.
Negative
- None.
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 F1 | 1,889 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 8,717 shares (Direct)
Footnotes (1)
- 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.
Key Figures
Dividend Equivalent Rights acquired: 1,889
Dividend Equivalent Rights after transaction: 8,717
Reported transaction price per right: $0.0000
+1 more
4 metrics
Dividend Equivalent Rights acquired
1,889
Derivative rights accrued on RSUs on July 24, 2026
Dividend Equivalent Rights after transaction
8,717
Total reported Dividend Equivalent Rights holdings following acquisition
Reported transaction price per right
$0.0000
Per-right price for the 1,889 Dividend Equivalent Rights
Underlying common stock equivalent
1,889 shares
Each Dividend Equivalent Right equals one share of common stock 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
"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.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share…"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AEO executive Jay L. Schottenstein report?
Jay L. Schottenstein reported an acquisition of 1,889 Dividend Equivalent Rights linked to previously awarded RSUs. Each right is economically equivalent to one share of American Eagle Outfitters common stock and vests proportionately with the related RSUs.
How many Dividend Equivalent Rights does AEO's CEO hold after this transaction?
Following the July 24, 2026 transaction, Jay L. Schottenstein holds 8,717 Dividend Equivalent Rights. These derivative rights are tied to restricted stock units and reflect the cumulative accrual of dividend equivalents on his prior RSU awards.
Was cash paid for the Dividend Equivalent Rights reported for AEO (AEO)?
No cash was paid for this award; the 1,889 Dividend Equivalent Rights were acquired at a reported price of $0.0000 per right. They accrued automatically as dividend equivalents on existing restricted stock units.
What are Dividend Equivalent Rights in the context of AEO's Form 4 filing?
Dividend Equivalent Rights are derivative rights that accrue on restricted stock units (RSUs) and vest proportionately with those RSUs. For AEO, each right is described as the economic equivalent of one share of common stock, reflecting dividends on unvested RSUs.
Does the AEO Form 4 show a market purchase or sale of common stock?
The reported transaction involves Dividend Equivalent Rights, not an open-market purchase or sale of common stock. These rights accrued on previously granted RSUs and are economically equivalent to shares, rather than being a direct stock trade.