American Eagle (NYSE: AEO) SVP converts RSUs to stock and withholds 1,785 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMERICAN EAGLE OUTFITTERS INC senior vice president, controller and chief accounting officer James H. Keefer Jr. reported routine equity compensation activity. On April 2, 2026, he exercised dividend equivalent rights and restricted stock units into common stock and had shares withheld for taxes.
He acquired 6,265 shares of common stock through derivative exercises and 260 dividend equivalent rights, along with RSU conversions of 3,953 and 2,052 units, each representing the right to receive one share. To satisfy tax obligations, 1,785 shares of common stock were withheld at $16.84 per share, leaving him with 28,486 common shares held directly after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,265 shares exercised/converted
Mixed
5 txns
Insider
Keefer James H JR
Role
SVP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 260 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 3,953 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 2,052 | $0.00 | -- |
| Exercise | Common Stock, without par value | 6,265 | $0.00 | -- |
| Tax Withholding | Common Stock, without par value | 1,785 | $16.84 | $30K |
Holdings After Transaction:
Dividend Equivalent Rights — 398 shares (Direct);
Restricted Stock Unit — 7,905 shares (Direct);
Common Stock, without par value — 30,271 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
Common shares acquired via exercise: 6,265 shares
Tax-withheld shares: 1,785 shares
Tax withholding price: $16.84 per share
+4 more
7 metrics
Common shares acquired via exercise
6,265 shares
Derivative exercises into common stock on April 2, 2026
Tax-withheld shares
1,785 shares
Shares withheld to cover tax obligations
Tax withholding price
$16.84 per share
Value used for tax-withholding disposition
Post-transaction common holdings
28,486 shares
Direct AEO common stock held after all transactions
Dividend equivalent rights exercised
260 rights
Each right economically equivalent to one common share
RSUs converted (grant 1)
3,953 units
Restricted stock units converting into common stock
RSUs converted (grant 2)
2,052 units
Additional restricted stock units converting into common stock
Key Terms
Dividend Equivalent Rights, Restricted Stock Unit, tax-withholding disposition, contingent right, +1 more
5 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on previously awarded restricted stock units"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest in three equal annual installments financial
"The restricted stock units vest in three equal annual installments"
FAQ
What did AEO executive James H. Keefer Jr. report on this Form 4?
He reported routine equity compensation activity, exercising derivative awards into common stock and having shares withheld to cover taxes. These transactions reflect vesting of previously granted awards rather than open-market buying or selling of American Eagle Outfitters (AEO) shares.
What are dividend equivalent rights mentioned in AEO’s Form 4 filing?
Dividend equivalent rights are awards that mirror dividends on underlying shares and are economically equivalent to AEO common stock. In this filing, 260 dividend equivalent rights tied to previously awarded restricted stock units were exercised into the right to receive common shares.
What are restricted stock units (RSUs) in the AEO filing for James Keefer?
Each restricted stock unit represents a contingent right to receive one AEO common share. The RSUs referenced here vest in three equal annual installments beginning on the first anniversary of the grant date, and vesting triggered the reported conversions into common stock.