Abercrombie & Fitch (ANF) COO exercises RSUs and uses 5,103 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abercrombie & Fitch EVP and COO Scott D. Lipesky exercised restricted stock units that converted into 11,754 shares of Class A common stock on March 9, 2026. These RSUs each represented a contingent right to one share and vest one-third per year from the grant date. To cover tax obligations related to the vesting, 5,103 shares of Class A common stock were disposed of at $86.27 per share through a tax-withholding transaction, which is not an open-market sale. After these transactions, Lipesky directly owns 147,348 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,754 shares exercised/converted
Mixed
3 txns
Insider
Lipesky Scott D.
Role
EVP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 11,754 | $0.00 | -- |
| Exercise | Class A Common Stock | 11,754 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 5,103 | $86.27 | $440K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Class A Common Stock — 152,451 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. Restricted stock units vest one-third per year beginning on the first anniversary of the date of grant.
FAQ
What insider transaction did ANF executive Scott Lipesky report on this Form 4?
Scott D. Lipesky reported exercising restricted stock units into 11,754 shares of Abercrombie & Fitch Class A common stock. The filing also shows a related tax-withholding share disposition, reflecting routine equity compensation activity rather than an open-market stock purchase or sale.
What do the restricted stock unit terms mean in Scott Lipesky’s ANF filing?
Each restricted stock unit represents a right to receive one share of Abercrombie & Fitch common stock. The units vest in three equal annual installments starting on the first anniversary of the grant date, aligning his compensation with longer-term company performance.