Fran Bonadies 2020 Living Trust plans ANF (NYSE: ANF) stock sale after large prior disposals
Rhea-AI Filing Summary
Fran Bonadies 2020 Living Trust filed a Form 144 notice to sell up to 17,031 Class A shares of Abercrombie & Fitch on the NYSE through Fidelity Brokerage Services, with an indicated aggregate market value of $1,737,172.32.
The securities were acquired through restricted stock vesting from the issuer on 03/27/2023 and 03/31/2025, totaling 17,031 shares as compensation. The notice also lists recent trust sales over the prior three months, including several Class A share blocks between 50,000 and 103,200 shares, each generating gross proceeds in the multi-million-dollar range.
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Insights
Large Form 144 by a trust signals continued insider share monetization.
The Fran Bonadies 2020 Living Trust plans to sell up to 17,031 Class A shares of Abercrombie & Fitch, acquired via restricted stock vesting as compensation in
The filing shows the trust has recently sold multiple large Class A blocks, such as 103,200 shares on
The notice states the seller does not know any undisclosed material adverse information about the issuer, as required. Future company filings and ownership disclosures will show how these planned sales affect the trust’s remaining holdings and any ongoing selling activity.
FAQ
What does the Form 144 filing for ANF by the Fran Bonadies 2020 Living Trust disclose?
The Form 144 filing discloses that the Fran Bonadies 2020 Living Trust intends to sell up to 17,031 Class A shares of Abercrombie & Fitch (ANF). The sale is to be executed through Fidelity Brokerage Services on the NYSE, with an indicated market value of $1,737,172.32.
How many ANF shares did the trust sell in recent months according to this Form 144?
The filing lists several recent sales of ANF Class A shares by the Fran Bonadies 2020 Living Trust, including blocks of 103,200, 100,000, and three separate 50,000-share transactions. Each transaction generated gross proceeds in the multi‑million‑dollar range for the trust.
How were the ANF shares in the new Form 144 acquired by the trust?
The 17,031 ANF Class A shares covered by this Form 144 were acquired through restricted stock vesting from the issuer. Vesting occurred on 03/27/2023 for 265 shares and on 03/31/2025 for 16,766 shares, all characterized as compensation.
What is the approximate value of ANF shares the trust plans to sell under this Form 144?
The Form 144 states an aggregate market value of $1,737,172.32 for the 17,031 ANF Class A shares proposed for sale. This figure reflects the market value estimate at the time of the notice, not necessarily the final proceeds realized.
On which exchange and through which broker will the ANF shares be sold?
The planned sale of 17,031 Abercrombie & Fitch (ANF) Class A shares is to occur on the NYSE. The Form 144 identifies Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island, as the broker handling these transactions for the trust.
Does the Form 144 state anything about undisclosed adverse information on ANF?
The notice includes a representation that the person for whose account the securities are to be sold does not know any material adverse information about Abercrombie & Fitch’s current or prospective operations that has not been publicly disclosed, consistent with Rule 144 requirements.