Abercrombie CEO exercises 48,484 RSUs, pays taxes
Abercrombie & Fitch Chief Executive Officer Fran Horowitz exercised restricted stock units that converted into 48,484 shares of Class A common stock.
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Rhea-AI Filing Summary
Abercrombie & Fitch Chief Executive Officer Fran Horowitz exercised restricted stock units that converted into 48,484 shares of Class A common stock. Each unit represents one share of common stock and the award vests one-third per year from the grant date. To cover tax obligations related to this vesting, 21,382 shares were withheld and disposed of at $86.27 per share. After these transactions, Horowitz directly holds 335,605 shares of Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 48,484 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 48,484 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 21,382 | $86.27 | $1.84M |
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ANF CEO Fran Horowitz report on this Form 4?
What was the tax withholding component in the ANF CEO’s Form 4 filing?
What type of equity award did the ANF CEO exercise in this Form 4?
Does the ANF CEO’s Form 4 indicate any open-market buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.