ANF EVP exercises RSUs, shares withheld for taxes
Abercrombie & Fitch EVP of Human Resources Jay Rust reported routine equity compensation activity involving restricted stock units.
Rhea-AI Filing Summary
Abercrombie & Fitch EVP of Human Resources Jay Rust reported routine equity compensation activity involving restricted stock units. On the reported date, Rust exercised 1,037 restricted stock units, receiving 1,037 shares of Class A common stock as part of his compensation.
To satisfy tax obligations related to this vesting, 463 shares of Class A common stock were withheld at a price of $84.08 per share. After these transactions, Rust directly held 9,805 shares of Class A common stock, reflecting a modest, compensation-driven change in his ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,037 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,037 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 463 | $84.08 | $39K |
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ANF executive Jay Rust report on this Form 4?
Was Jay Rust’s ANF Form 4 transaction an open-market stock sale or purchase?
What does each ANF restricted stock unit represent in Jay Rust’s Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.