Abercrombie & Fitch (ANF) grants 2,893 restricted stock units to controller
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frericks Joseph reported acquisition or exercise transactions in this Form 4 filing.
Abercrombie & Fitch Co. executive Joseph Frericks, GVP and Corporate Controller, received a grant of 2,893 restricted stock units tied to Class A common stock. Each unit represents the right to receive one share of common stock.
The award vests in four equal annual installments of 25% each, beginning on the first anniversary of the March 17, 2026 grant date, and will fully vest over four years if conditions are met. After this grant, Frericks holds 2,893 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Frericks Joseph
Role
GVP, Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 2,893 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 2,893 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. Restricted stock unit vests 25% per year beginning on the first anniversary of the date of grant.
FAQ
What insider transaction did ANF executive Joseph Frericks report on this Form 4?
Joseph Frericks reported receiving 2,893 restricted stock units as an equity award. These units are tied to Abercrombie & Fitch Class A common stock and reflect compensation rather than an open-market stock purchase or sale.
What role does Joseph Frericks hold at Abercrombie & Fitch (ANF)?
Joseph Frericks serves as GVP, Corporate Controller at Abercrombie & Fitch. The Form 4 shows a stock-based compensation grant to this executive role, aligning part of his pay with the company’s future share performance.
How many restricted stock units did ANF grant to Joseph Frericks?
Abercrombie & Fitch granted Joseph Frericks 2,893 restricted stock units. Each unit represents a contingent right to receive one share of the company’s common stock, subject to the vesting schedule and other standard award conditions.
What does each ANF restricted stock unit reported in this Form 4 represent?
Each restricted stock unit represents a contingent right to receive one share of Abercrombie & Fitch common stock. The units convert into actual shares only when vesting conditions are satisfied over time, creating long-term alignment with shareholders.
What is the vesting schedule for Joseph Frericks’ ANF restricted stock units?
The restricted stock units vest 25% per year, beginning on the first anniversary of the grant date. This four-year, ratable vesting structure encourages long-term retention and ties Frericks’ compensation to sustained company performance.