Abercrombie (NYSE: ANF) COO gains shares via RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abercrombie & Fitch EVP and COO Scott D. Lipesky exercised 5,718 restricted stock units into Class A common stock on March 11, 2026. These units converted at a stated price of $0.0000 per share.
To cover tax obligations from this vesting, 2,476 shares of Class A common stock were withheld at $87.28 per share in a tax-withholding disposition, not an open-market sale. After these transactions, Lipesky directly owns 150,590 shares of Class A common stock. Each restricted stock unit represents a right to receive one share, and such units vest one-third per year beginning on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,718 shares exercised/converted
Mixed
3 txns
Insider
Lipesky Scott D.
Role
EVP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 5,718 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,718 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,476 | $87.28 | $216K |
Holdings After Transaction:
Restricted Stock Unit — 11,438 shares (Direct);
Class A Common Stock — 153,066 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 D. Lipesky report?
Scott D. Lipesky reported exercising 5,718 restricted stock units into Class A common stock. This Form 4 shows a routine equity compensation event where stock units vested and converted into shares, increasing his direct ownership in Abercrombie & Fitch.
What does the exercise of 5,718 restricted stock units mean for ANF’s Scott Lipesky?
Exercising 5,718 restricted stock units means those units converted into an equal number of Class A common shares. Each RSU represents a contingent right to receive one share, so vesting and exercise increase his direct share ownership as part of equity compensation.
How do Scott Lipesky’s Abercrombie & Fitch RSUs vest over time?
The restricted stock units vest one-third per year beginning on the first anniversary of the grant date. This staggered vesting schedule is designed to retain executives over multiple years by tying a portion of compensation to continued service and company performance.
What are the key transaction codes in Scott Lipesky’s ANF Form 4?
The filing uses code “M” for the exercise or conversion of a derivative security, representing RSUs turning into shares, and code “F” for shares withheld to pay tax liabilities. These codes indicate routine compensation-related events rather than discretionary stock purchases or sales.