Abercrombie & Fitch (NYSE: ANF) EVP exercises 1,244 RSUs, 549 shares withheld
Rhea-AI Filing Summary
Abercrombie & Fitch Co. executive vice president and general counsel Gregory J. Henchel exercised 1,244 restricted stock units, receiving the same number of Class A common shares. These units represent a right to one share each and vest one-third per year starting on the first grant anniversary.
To cover tax obligations related to the vesting, 549 Class A shares were withheld at $84.08 per share, rather than sold on the open market. After these routine compensation-related transactions, Henchel directly holds 49,932 Class A common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 695 shares
Net Buy
3 txns
Insider
HENCHEL GREGORY J
Role
EVP, Gen Cnsl & Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,244 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,244 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 549 | $84.08 | $46K |
Holdings After Transaction:
Restricted Stock Unit — 1,245 shares (Direct);
Class A Common Stock — 49,932 shares (Direct)
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 one-third per year beginning on the first anniversary of the date of grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ANF executive Gregory Henchel report on this Form 4?
Gregory J. Henchel reported exercising 1,244 restricted stock units into 1,244 Class A common shares. As part of the same event, 549 shares were withheld to satisfy tax obligations, leaving him with 49,932 Class A shares held directly after the transactions.
What do the restricted stock units in Gregory Henchel’s ANF Form 4 represent?
Each restricted stock unit represents a contingent right to receive one share of Abercrombie & Fitch common stock. These units vest in three equal annual installments, beginning on the first anniversary of the original grant date, turning into deliverable Class A shares upon vesting.
How are Gregory Henchel’s ANF restricted stock units scheduled to vest?
The restricted stock units are structured to vest one-third per year. Vesting begins on the first anniversary of the grant date, so the award converts into Class A shares in three equal annual installments, subject to the underlying terms and continued eligibility requirements.