Abercrombie EVP exercises 1,244 RSUs into shares
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.
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
| 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 |
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.
FAQ
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What insider transaction did ANF executive Gregory Henchel report on this Form 4?
What do the restricted stock units in Gregory Henchel’s ANF Form 4 represent?
How are Gregory Henchel’s ANF restricted stock units scheduled to vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.