Abercrombie & Fitch (NYSE: ANF) director gains RSUs and converts phantom stock
Rhea-AI Filing Summary
Abercrombie & Fitch Co. director Suzanne M. Coulter reported routine equity compensation and related conversions. She exercised derivative securities covering 2,089 restricted stock units and 2,089 phantom stock units into rights tied to Class A common stock at a stated price of $0.00 per unit. She also received a new grant of 2,160 restricted stock units, bringing her direct restricted stock unit holdings to 4,249 units after these transactions.
Each restricted stock unit and each share of phantom stock represents a contingent right to receive one share of Abercrombie & Fitch common stock. The new restricted stock units vest on the earlier of the first anniversary of the grant date or the next regularly scheduled annual meeting of stockholders. The phantom stock units become payable in common stock when Coulter’s service as a director ends, and following the conversion she holds 27,821.253 phantom stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,178 shares exercised/converted
Exercise
3 txns
Insider
Coulter Suzanne M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock | 2,089 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 2,160 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 2,089 | $0.00 | $0.00 |
Holdings After Transaction:
Phantom Stock — 27,821.253 shares (Direct);
Restricted Stock Unit — 2,160 shares (Direct)
Footnotes (4)
- F1. Each share of phantom stock represents a right to receive one share of Issuer's common stock.
- F2. The shares of phantom stock become payable in the form of Common Stock of the Issuer upon the reporting person's termination of service as a director.
- F3. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F4. Vests the earlier of the first anniversary of the date of grant or the next regularly scheduled annual meeting of stockholders.
Key Figures
RSUs exercised: 2,089 units
New RSU grant: 2,160 units
RSUs after transactions: 4,249 units
+3 more
6 metrics
RSUs exercised
2,089 units
Restricted Stock Units converted on 2026-06-03
New RSU grant
2,160 units
Grant of restricted stock units on 2026-06-03
RSUs after transactions
4,249 units
Total restricted stock units following transactions
Phantom stock exercised
2,089 units
Phantom stock units converted on 2026-06-03
Phantom stock after transactions
27,821.253 units
Total phantom stock units following conversion
Exercise price
$0.00 per unit
Stated transaction and conversion price for reported units
Key Terms
Restricted Stock Unit, Phantom Stock, Class A Common Stock, vests
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Phantom Stock financial
"Each share of phantom stock represents a right to receive one share"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Class A Common Stock financial
"underlying security title is Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vests financial
"Vests the earlier of the first anniversary of the date of grant"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Abercrombie & Fitch (ANF) director Suzanne M. Coulter acquire in this Form 4?
Suzanne M. Coulter acquired equity-based compensation, including 2,160 new restricted stock units and derivative exercises of 2,089 restricted stock units and 2,089 phantom stock units into rights tied to Class A common stock.
How many restricted stock units does ANF director Suzanne M. Coulter hold after this filing?
After the reported transactions, Suzanne M. Coulter holds 4,249 restricted stock units, each representing a contingent right to receive one share of Abercrombie & Fitch Class A common stock, subject to vesting conditions described in the award terms.
What are phantom stock units in Abercrombie & Fitch (ANF) director compensation?
For ANF, each phantom stock unit represents a right to receive one share of common stock. These units become payable in common stock when the director’s service ends, aligning director compensation with long-term shareholder interests through stock-settled awards.
When do Suzanne M. Coulter’s new ANF restricted stock units vest?
The new restricted stock units vest on the earlier of the first anniversary of the grant date or the next regularly scheduled annual meeting of stockholders, providing a time-based vesting schedule tied to director service or the shareholder meeting.
How many phantom stock units does ANF director Suzanne M. Coulter hold after conversion?
Following the derivative exercise and conversion reported, Suzanne M. Coulter holds 27,821.253 phantom stock units. Each phantom stock unit is payable in Abercrombie & Fitch common stock upon her termination of service as a director, according to the plan terms.