American Eagle Outfitters: D. E. Shaw reports 5% stake

Available on EDGAR 11/12/2026 - 04:08 PM EST Accepted by SEC EDGAR 11/12/2026 - 04:06 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

American Eagle Outfitters, Inc. (AEO) shares are reported as beneficially owned by D. E. Shaw & Co., L.P. in an amount of 8,388,825 shares, equal to 5.0% of the class. D. E. Shaw & Co., L.P. and reporting person David E. Shaw report shared voting power over 8,077,301 shares and shared dispositive power over 8,388,825 shares. David E. Shaw states he owns no shares directly and disclaims beneficial ownership of the reported shares.

Key Figures

Beneficial ownership: 8,388,825 shares Percent of class: 5.0% Shared voting power: 8,077,301 shares +4 more

7 metrics

Beneficial ownership 8,388,825 shares Reported by D. E. Shaw & Co., L.P.; David E. Shaw is also listed with the same amount and disclaims beneficial ownership.

Percent of class 5.0% Reported for both D. E. Shaw & Co., L.P. and David E. Shaw.

Shared voting power 8,077,301 shares Reported for both reporting persons.

Shares in D. E. Shaw Valence Portfolios, L.L.C. 3,893,599 shares Included in the reported beneficial ownership amount.

Shares in D. E. Shaw Oculus Portfolios, L.L.C. 2,702,098 shares Included in the reported beneficial ownership amount.

Shares in D. E. Shaw Composite Portfolios, L.L.C. 208,100 shares Included in the reported beneficial ownership amount.

Shares under management 1,585,028 shares Under the management of D. E. Shaw Investment Management, L.L.C.; included in the reported beneficial ownership amount.

Key Terms

beneficial ownership, shared voting power, shared dispositive power

3 terms

beneficial ownership financial

"Aggregate Amount Beneficially Owned"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

shared voting power financial

"Shared Voting Power 8,077,301 shares"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power financial

"Shared Dispositive Power 8,388,825 shares"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many AEO shares did D. E. Shaw report beneficially owning?

D. E. Shaw & Co., L.P. reported beneficial ownership of 8,388,825 AEO common shares, or 5.0% of the class. David E. Shaw is also listed with the same amount but disclaims beneficial ownership.

How much voting power does D. E. Shaw report in AEO?

D. E. Shaw & Co., L.P. and David E. Shaw each report shared voting power over 8,077,301 shares and shared dispositive power over 8,388,825 shares. Each reports zero shares under sole voting power and zero under sole dispositive power.

How are D. E. Shaw's reported AEO shares allocated?

The reported shares include 3,893,599 shares in the name of D. E. Shaw Valence Portfolios, L.L.C.; 2,702,098 in the name of D. E. Shaw Oculus Portfolios, L.L.C.; 208,100 in the name of D. E. Shaw Composite Portfolios, L.L.C.; and 1,585,028 under the management of D. E. Shaw Investment Management, L.L.C.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

American Eagle Outfitters, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

02553E106

(CUSIP Number)

11/04/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 02553E106

1

Names of Reporting Persons

D. E. Shaw & Co., L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,077,301.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,388,825.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,388,825.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.0 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP Number(s): 02553E106

1

Names of Reporting Persons

David E. Shaw

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,077,301.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,388,825.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,388,825.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: American Eagle Outfitters, Inc.
(b)	Address of issuer's principal executive offices: 77 Hot Metal Street, Pittsburgh, PA 15203-2329
Item 2.
(a)	Name of person filing: D. E. Shaw & Co., L.P. David E. Shaw
(b)	Address or principal business office or, if none, residence: The business address for each reporting person is: Two Manhattan West 375 Ninth Avenue, 52nd Floor New York, NY 10001
(c)	Citizenship: D. E. Shaw & Co., L.P. is a limited partnership organized under the laws of the state of Delaware. David E. Shaw is a citizen of the United States of America.
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP Number(s): 02553E106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: D. E. Shaw & Co., L.P.: 8,388,825 shares This is composed of (i) 3,893,599 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 2,702,098 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., (iii) 208,100 shares in the name of D. E. Shaw Composite Portfolios, L.L.C., and (iv) 1,585,028 shares under the management of D. E. Shaw Investment Management, L.L.C. David E. Shaw: 8,388,825 shares This is composed of (i) 3,893,599 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 2,702,098 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., (iii) 208,100 shares in the name of D. E. Shaw Composite Portfolios, L.L.C., and (iv) 1,585,028 shares under the management of D. E. Shaw Investment Management, L.L.C. David E. Shaw does not own any shares directly. By virtue of David E. Shaw's position as President and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of D. E. Shaw & Co., L.P., which in turn is the investment adviser of D. E. Shaw Valence Portfolios, L.L.C., D. E. Shaw Oculus Portfolios, L.L.C., and D. E. Shaw Composite Portfolios, L.L.C. and the managing member of D. E. Shaw Investment Management, L.L.C., and by virtue of David E. Shaw's position as President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of D. E. Shaw & Co., L.L.C., which in turn is the manager of D. E. Shaw Valence Portfolios, L.L.C., D. E. Shaw Oculus Portfolios, L.L.C., and D. E. Shaw Composite Portfolios, L.L.C., David E. Shaw may be deemed to have the shared power to vote or direct the vote of 8,077,301 shares and the shared power to dispose or direct the disposition of 8,388,825 shares, the 8,388,825 shares as described above constituting 5.0% of the outstanding shares, and, therefore, David E. Shaw may be deemed to be the beneficial owner of such shares. David E. Shaw disclaims beneficial ownership of such 8,388,825 shares.
(b)	Percent of class: D. E. Shaw & Co., L.P.: 5.0% David E. Shaw: 5.0%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: D. E. Shaw & Co., L.P.: 0 shares David E. Shaw: 0 shares
	(ii) Shared power to vote or to direct the vote: D. E. Shaw & Co., L.P.: 8,077,301 shares David E. Shaw: 8,077,301 shares
	(iii) Sole power to dispose or to direct the disposition of: D. E. Shaw & Co., L.P.: 0 shares David E. Shaw: 0 shares
	(iv) Shared power to dispose or to direct the disposition of: D. E. Shaw & Co., L.P.: 8,388,825 shares David E. Shaw: 8,388,825 shares
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

D. E. Shaw & Co., L.P.

Signature:	/s/ Daniel R. Marcus
Name/Title:	Daniel R. Marcus / Chief Compliance Officer
Date:	11/12/2026

David E. Shaw

Signature:	/s/ Daniel R. Marcus
Name/Title:	Daniel R. Marcus / Attorney-in-Fact for David E. Shaw
Date:	11/12/2026

Comments accompanying signature: Exhibit 1: Power of Attorney, granted by David E. Shaw relating to D. E. Shaw & Co., Inc., in favor of the signatories hereto, among others, dated August 1, 2024.

Exhibit Information

Exhibit 2: Joint Filing Agreement, by and among the Reporting Persons, dated November 12, 2026.