Abercrombie officer plans $738K stock sale
Rhea-AI Filing Summary
ABERCROMBIE & FITCH CO (ANF) has a planned resale of its Class A common stock reported under Rule 144 for the account of officer Joseph R. Rust. The notice covers up to 5,000 Class A shares, to be sold through Fidelity Brokerage Services LLC on the NYSE, with an indicated value of $737,523.94. The shares derive from multiple restricted stock vesting events in 2024 and 2025 granted as compensation by the issuer.
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Key Figures
Shares to be sold: 5,000 Class A shares
Aggregate value: $737,523.94
Security identifier: 44431710
+2 more
5 metrics
Shares to be sold
5,000 Class A shares
Planned Rule 144 sale through Fidelity Brokerage Services LLC on NYSE
Aggregate value
$737,523.94
Value listed for the 5,000 Class A shares covered by the notice
Security identifier
44431710
Identifier listed for Abercrombie & Fitch Co. Class A common stock
Earliest vesting lot
356 shares
Restricted stock vesting on 03/07/2024 as compensation from issuer
Largest vesting lot
1,564 shares
Restricted stock vesting on 03/07/2025 as compensation from issuer
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact, compensation
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Class A | 03/07/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Joseph R. Rust"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
compensation financial
"03/07/2024 | Compensation"
FAQ
What does the Form 144 filing disclose for ANF?
It discloses a planned Rule 144 sale of 5,000 Class A shares of Abercrombie & Fitch Co. stock for the account of officer Joseph R. Rust, to be sold through Fidelity Brokerage Services LLC on the NYSE, with an indicated value of $737,523.94.
AI-generated analysis. How Rhea-AI works. Not financial advice.