Abercrombie & Fitch (ANF) EVP converts RSUs, 888 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abercrombie & Fitch Co. executive Gregory J. Henchel, EVP, General Counsel and Secretary, reported routine equity compensation activity. He exercised 2,012 restricted stock units, receiving the same number of Class A common shares. To cover tax obligations, 888 shares of Class A common stock were withheld at $87.28 per share. Following these transactions, Henchel directly holds 49,237 shares of Class A common stock and 4,025 restricted stock units, reflecting a net increase in his equity stake through compensation-related vesting rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,012 shares exercised/converted
Mixed
3 txns
Insider
HENCHEL GREGORY J
Role
EVP, Gen Cnsl & Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,012 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,012 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 888 | $87.28 | $78K |
Holdings After Transaction:
Restricted Stock Unit — 4,025 shares (Direct);
Class A Common Stock — 50,125 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 Gregory J. Henchel report on this Form 4?
Gregory J. Henchel reported exercising 2,012 restricted stock units into Class A common shares. The Form 4 shows equity compensation vesting, not an open-market purchase, reflecting routine conversion of RSUs into stock as part of his compensation package.
What type of securities were involved in Gregory J. Henchel’s ANF Form 4?
The filing involves restricted stock units and Class A common stock of Abercrombie & Fitch. Each restricted stock unit represents a contingent right to receive one share of common stock, which converts into shares as the units vest according to the grant terms.
How do Gregory J. Henchel’s ANF restricted stock units vest over time?
The restricted stock units vest one-third per year, starting on the first anniversary of the grant date. This schedule gradually delivers common shares to Henchel as long as vesting conditions are met, aligning a portion of his compensation with long-term company performance.
Did Gregory J. Henchel make any open-market buys or sells of ANF stock in this Form 4?
No open-market buys or sells are reported; all entries relate to equity compensation. The transactions reflect RSU exercise and tax withholding, not discretionary purchases or sales, indicating routine administration of his stock-based compensation package.