[Form 4] American Eagle Outfitters Insider Trading Activity

Rhea-AI Filing Summary

Cary D. McMillan, a director of American Eagle Outfitters (AEO), reported a sale of 9,002 shares of AEO common stock on 09/08/2025 at a price of $18.115 per share. Following the transaction the report lists 0.0000 shares beneficially owned. The Form 4 was filed as a single reporting person filing and was signed by an attorney-in-fact on 09/09/2025.

Positive

• Timely disclosure of insider transaction via Form 4 filed and signed within one day of the reported transaction
• Clear transaction details provided: number of shares, sale price, and transaction date

Negative

• Director reduced reported beneficial ownership to 0.0000 shares after the sale
• No context provided in the filing about reasons for the sale or any related 10b5-1 plan

Insights

Corporate Governance Expert

TL;DR: Director reported a one-time sale of 9,002 AEO shares, leaving reported beneficial ownership at zero; disclosure appears timely and complete.

The filing shows a direct sale (code S) of 9,002 shares at $18.115 on 09/08/2025 by Cary D. McMillan, identified as a director. The report was filed by one reporting person and signed by an attorney-in-fact on 09/09/2025, indicating procedural compliance with Section 16 reporting. The Form 4 provides no derivative transactions or additional holdings information.

Securities Analyst

TL;DR: Insider sale disclosed; sale size and price are explicit, but no broader context on holdings or intent is provided.

The transaction is recorded as a sale of 9,002 shares at $18.115, with subsequent beneficial ownership reported as 0.0000 shares. The Form 4 contains no other transactions, option exercises, or amendments. For investors, the filing is a clear record of an equity disposition but contains no information about reasons or related trading plans.

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^*

MCMILLAN CARY D

(Last) (First) (Middle)

225 WEST WACKER DRIVE - SUITE 1600

(Street)

CHICAGO IL 60606

(City) (State) (Zip)

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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Stock, without par value	09/08/2025		S		9,002	D	$18.115	0.0000	D

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

Explanation of Responses:

	Robert J. Tannous, Attorney-in-Fact	09/09/2025
	** 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.

FAQ

What did the Form 4 filed for AEO report?

The Form 4 reports a sale of 9,002 shares of AEO common stock on 09/08/2025 at $18.115 per share.

Who is the reporting person on the AEO Form 4?

The reporting person is Cary D. McMillan, identified in the filing as a Director of American Eagle Outfitters.

What was the beneficial ownership after the reported AEO transaction?

The Form 4 lists the amount of securities beneficially owned following the transaction as 0.0000 shares.

When was the Form 4 for the AEO transaction signed?

The signature by an attorney-in-fact, Robert J. Tannous, is dated 09/09/2025.

Does the Form 4 show any derivative or option transactions for AEO?

No. Table II for derivative securities contains no entries in this filing.