Abercrombie & Fitch (ANF) director reports RSU grant and phantom stock changes
Rhea-AI Filing Summary
Abercrombie & Fitch director Andrew Paul Clarke reported equity compensation activity involving restricted stock units and phantom stock. On June 3, 2026, he exercised derivative awards covering 2,089 shares of Class A common stock from restricted stock units and a further 2,089 shares from phantom stock.
He also received a new grant of 2,160 restricted stock units, each representing a contingent right to one share of common stock. After the grant, he directly held 4,249 restricted stock units. The new units vest on the earlier of the first anniversary of the grant date or the next regularly scheduled annual meeting of stockholders. The phantom stock becomes payable in common stock upon his termination of service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,178 shares exercised/converted
Exercise
3 txns
Insider
Clarke Andrew Paul
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock | 2,089 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 2,160 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 2,089 | $0.00 | $0.00 |
Holdings After Transaction:
Phantom Stock — 2,089 shares (Direct);
Restricted Stock Unit — 2,160 shares (Direct)
Footnotes (4)
- F1. Each share of phantom stock represents a right to receive one share of Issuer's common stock.
- F2. The shares of phantom stock become payable in the form of Common Stock of the Issuer upon the reporting person's termination of service as a director.
- F3. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F4. Vests the earlier of the first anniversary of the date of grant or the next regularly scheduled annual meeting of stockholders.
Key Figures
RSU derivative exercise: 2,089 shares
RSU grant: 2,160 units
RSUs held after grant: 4,249 units
+2 more
5 metrics
RSU derivative exercise
2,089 shares
Restricted Stock Unit exercise into Class A common on June 3, 2026
RSU grant
2,160 units
New restricted stock unit award on June 3, 2026
RSUs held after grant
4,249 units
Total restricted stock units directly held after transactions
Phantom stock exercise
2,089 shares
Phantom stock derivative exercise tied to Class A common stock
Total derivative exercises
4,178 shares
Aggregate shares from M-code derivative exercises in this filing
Key Terms
Restricted Stock Unit, Phantom Stock, Exercise or conversion of derivative security, Grant, award, or other acquisition, +2 more
6 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Phantom Stock financial
"Each share of phantom stock represents a right to receive one share of Issuer's common stock."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
termination of service as a director financial
"become payable in the form of Common Stock of the Issuer upon the reporting person's termination of service as a director."
vests the earlier of financial
"Vests the earlier of the first anniversary of the date of grant or the next regularly scheduled annual meeting of stockholders."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did ANF director Andrew Paul Clarke report in this Form 4?
Andrew Paul Clarke reported equity compensation activity, including derivative exercises and a new restricted stock unit grant. These transactions increased his direct holdings of restricted stock units and documented phantom stock tied to Abercrombie & Fitch common shares.
How many Abercrombie & Fitch RSUs were granted to Andrew Paul Clarke?
He received a grant of 2,160 restricted stock units, each representing a contingent right to one share of Abercrombie & Fitch common stock. These units vest based on time and the company’s next annual stockholder meeting schedule.
What derivative exercises did Andrew Paul Clarke complete in this ANF filing?
He exercised derivative securities covering 2,089 shares from restricted stock units and 2,089 shares from phantom stock. In total, 4,178 derivative-linked shares of Class A common stock were involved in these exercise or conversion transactions.
When do Andrew Paul Clarke’s new ANF restricted stock units vest?
The new restricted stock units vest on the earlier of the first anniversary of the grant date or the next regularly scheduled annual meeting of stockholders. This time-based vesting schedule is typical for director equity compensation grants.
What does the phantom stock in Andrew Paul Clarke’s ANF filing represent?
Each share of phantom stock represents a right to receive one share of Abercrombie & Fitch common stock. These phantom stock shares become payable in common stock when Clarke’s service as a director ends, aligning value with his board tenure.
How many restricted stock units does Andrew Paul Clarke hold after these ANF transactions?
Following the June 3, 2026 transactions, he directly held 4,249 restricted stock units. Each unit corresponds to a contingent right to one share of Abercrombie & Fitch Class A common stock, subject to vesting conditions described in the filing.