Abercrombie EVP exercises 11,754 RSUs, pays taxes
Abercrombie & Fitch Co. executive Samir Desai exercised restricted stock units into common shares as part of his compensation.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Abercrombie & Fitch Co. executive Samir Desai exercised restricted stock units into common shares as part of his compensation. On this date, 11,754 restricted stock units converted into 11,754 shares of Class A common stock. To cover tax obligations on this vesting event, 5,829 of those shares were withheld at a price of $86.27 per share, a non-market transaction. Following these transactions, Desai directly holds 60,729 shares of Abercrombie & Fitch Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 11,754 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 11,754 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 5,829 | $86.27 | $503K |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2. Restricted stock units vest 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 Samir Desai report on this Form 4?
What does the M and F transaction coding mean in Samir Desai’s ANF Form 4?
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