Abercrombie & Fitch (ANF) EVP awarded 70,522 shares; 34,832 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abercrombie & Fitch (ANF) executive Samir Desai reported a stock award and related tax withholding. On this Form 4, he received a grant of 70,522 shares of Class A Common Stock as compensation, at a stated price of $0.00 per share.
On the same date, 34,832 shares were disposed of at $89.76 per share to cover tax obligations, a tax-withholding disposition rather than an open-market sale. After these transactions, Desai directly owns 99,625 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Desai Samir
Role
EVP;Chief Digital&Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 70,522 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 34,832 | $89.76 | $3.13M |
Holdings After Transaction:
Class A Common Stock — 134,457 shares (Direct)
Footnotes (1)
Key Figures
Stock grant: 70,522 shares
Tax-withholding shares: 34,832 shares
Tax-withholding price: $89.76 per share
+1 more
4 metrics
Stock grant
70,522 shares
Grant of Class A Common Stock to EVP Samir Desai
Tax-withholding shares
34,832 shares
Shares disposed of to cover tax obligations
Tax-withholding price
$89.76 per share
Price for shares used to satisfy tax liability
Shares owned after transactions
99,625 shares
Direct ownership of Class A Common Stock following Form 4 events
Key Terms
Class A Common Stock, grant/award acquisition, tax-withholding disposition, Payment of exercise price or tax liability by delivering securities
4 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
What did ANF executive Samir Desai report in this Form 4 filing for Abercrombie & Fitch (ANF)?
Samir Desai reported a stock-based compensation event. He received a grant of 70,522 shares of Class A Common Stock and had 34,832 shares withheld to cover tax obligations, leaving him with 99,625 directly owned shares after the transactions.
Were Samir Desai’s ANF transactions in this Form 4 open-market buys or sells?
The Form 4 does not show open-market buys or sells. It reports a grant of 70,522 shares as equity compensation and a tax-withholding disposition of 34,832 shares, which is a mechanistic transfer to cover taxes rather than a voluntary market trade.