Abercrombie & Fitch (NYSE: ANF) CFO exercises RSUs and settles tax obligations in stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abercrombie & Fitch Co. EVP and CFO Robert J. Ball reported routine equity compensation activity. He exercised 519 restricted stock units into the same number of Class A common shares, then had 151 shares withheld at a price of $84.08 per share to cover tax obligations.
After these transactions, Ball directly owned 10,664 shares of Class A common stock. No open-market buying or selling was reported; the activity reflects vesting of stock-based compensation and related tax withholding rather than a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
519 shares exercised/converted
Mixed
3 txns
Insider
Ball Robert J.
Role
EVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 519 | $0.00 | -- |
| Exercise | Class A Common Stock | 519 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 151 | $84.08 | $13K |
Holdings After Transaction:
Restricted Stock Unit — 1,037 shares (Direct);
Class A Common Stock — 10,815 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. Restricted stock unit vests 25% per year beginning on the first anniversary of the date of grant.
FAQ
What insider transaction did ANF EVP CFO Robert J. Ball report?
Robert J. Ball reported exercising 519 restricted stock units into Class A common shares, then using 151 shares at $84.08 each to satisfy tax obligations. The filing reflects routine equity compensation vesting, not an open-market purchase or sale of Abercrombie & Fitch Co. stock.
What do the exercised restricted stock units represent for ANF’s CFO?
Each restricted stock unit represents a contingent right to receive one Abercrombie & Fitch common share. The CFO’s 519 units vested according to a schedule that generally vests 25% per year starting on the first anniversary of grant, converting into an equal number of common shares.
Are there remaining derivative or RSU positions reported for the ANF CFO?
The filing’s derivative summary shows no remaining derivative positions, indicating no additional derivative securities are reported in this particular Form 4. The key activity is the conversion of 519 restricted stock units into Class A common stock and the related tax-withholding share disposition.