Abercrombie controller exercises RSUs, pays tax in shares
Abercrombie & Fitch GVP Corporate Controller Joseph Frericks exercised restricted stock units and settled related taxes in shares.
Rhea-AI Filing Summary
Abercrombie & Fitch GVP Corporate Controller Joseph Frericks exercised restricted stock units and settled related taxes in shares. He converted 291 restricted stock units into 291 shares of Class A common stock at a stated price of $0.00 per share. A separate transaction shows 85 shares of Class A common stock withheld at $84.08 per share to cover tax obligations tied to this equity award, leaving him with 8,802 directly held shares. Footnotes explain that each restricted stock unit represents a contingent right to receive one share of common stock and that such units vest 25% per year beginning on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 291 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 291 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 85 | $84.08 | $7K |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2. Restricted stock unit vests 25% per year beginning on the first anniversary of the date of grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ANF executive Joseph Frericks report on this Form 4?
What does the F transaction code mean in Joseph Frericks’ ANF Form 4 filing?
How do the ANF restricted stock units reported by Joseph Frericks vest over time?
Is Joseph Frericks’ ANF Form 4 primarily a buy, sell, or compensation event?
AI-generated analysis. How Rhea-AI works. Not financial advice.