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Abercrombie (NYSE: ANF) EVP exercises 1,800 RSUs; 803 shares used for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Abercrombie & Fitch EVP Human Resources Jay Rust exercised restricted stock units that converted into 1,800 shares of Class A common stock at an exercise price of $0.00 per share. As part of this event, 803 shares were withheld at $87.28 per share to cover tax obligations, which is not an open-market sale.

After these transactions, Rust directly holds 9,231 shares of Class A common stock. The footnotes explain that each restricted stock unit represents the right to receive one share of common stock and that such units vest one-third per year beginning on the first anniversary of the grant date.

Positive

  • None.

Negative

  • None.
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*
Rust Jay

(Last) (First) (Middle)
6301 FITCH PATH

(Street)
NEW ALBANY OH 43054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ABERCROMBIE & FITCH CO /DE/ [ ANF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP Human Resources
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
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
Class A Common Stock 03/11/2026 M 1,800 A $0.0000 10,034 D
Class A Common Stock 03/11/2026 F 803 D $87.28 9,231 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
Restricted Stock Unit (1) 03/11/2026 M 1,800 (2) 03/11/2028 Class A Common Stock 1,800 $0.0000 3,601 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
2. Restricted stock units vest one-third per year beginning on the first anniversary of the date of grant.
Robert J. Tannous, Attorney-in-Fact 03/13/2026
** 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 insider transaction did ANF executive Jay Rust report on this Form 4?

EVP Human Resources Jay Rust reported exercising restricted stock units into 1,800 shares of Abercrombie & Fitch Class A common stock. The filing also shows a related tax-withholding disposition of 803 shares, handled in stock rather than cash, as part of the same event.

Did ANF executive Jay Rust buy or sell Abercrombie & Fitch shares on the open market?

The Form 4 for ANF shows no open-market purchases or sales by Jay Rust. Instead, he exercised 1,800 RSUs and had 803 shares withheld to satisfy tax obligations, which is categorized as a tax-withholding disposition rather than a market trade.

How many Abercrombie & Fitch (ANF) shares does Jay Rust hold after this Form 4?

Following the reported transactions, EVP Human Resources Jay Rust directly holds 9,231 shares of Abercrombie & Fitch Class A common stock. This reflects the 1,800 shares received from RSU conversion, net of 803 shares used to cover associated tax liabilities.

What price is shown for the tax-withholding shares in the ANF Form 4?

The Abercrombie & Fitch Form 4 lists 803 shares used for tax withholding at a transaction price of $87.28 per share. This entry reflects the value used to satisfy tax obligations on the RSU conversion rather than an open-market sale by the executive.

How do Jay Rust’s restricted stock units in ANF vest according to the filing?

The footnotes explain that each restricted stock unit equals a right to one Abercrombie & Fitch share. These RSUs vest one-third per year, beginning on the first anniversary of the grant date, creating a multi-year vesting schedule that gradually delivers common shares.

What types of transactions are disclosed for ANF executive Jay Rust in this Form 4?

The ANF Form 4 for Jay Rust reports a derivative exercise/conversion of 1,800 restricted stock units into common shares and a separate tax-withholding disposition of 803 shares. Both are treated as compensation-related events, not discretionary trading in the open market.
Abercrombie & Fitch Co

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