Abercrombie & Fitch (ANF) exec vests RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abercrombie & Fitch executive Samir Desai reported routine equity compensation activity. On March 12, 2026 he exercised 2,419 restricted stock units, receiving the same number of shares of Class A common stock at a conversion price of $0.00 per share. To cover tax obligations on this vesting, 1,195 shares of Class A common stock were automatically withheld at a price of $84.08 per share, a non-market disposition coded as tax withholding rather than an open-market sale. Following these transactions, Desai directly held 63,935 shares of Class A common stock, indicating he retained a substantial ownership position after the award vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,419 shares exercised/converted
Mixed
3 txns
Insider
Desai Samir
Role
EVP;Chief Digital&Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,419 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,419 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,195 | $84.08 | $100K |
Holdings After Transaction:
Restricted Stock Unit — 2,420 shares (Direct);
Class A Common Stock — 65,130 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. Restricted stock units vest one-third per year beginning on the first anniversary of the date of grant.
FAQ
What insider transaction did ANF executive Samir Desai report on this Form 4?
Samir Desai reported exercising 2,419 restricted stock units into Class A common shares. This vesting converted equity awards into stock as part of his compensation, rather than reflecting an open-market share purchase or sale by the executive.
Were the ANF insider transactions open-market buys or sells?
No, the transactions were not open-market buys or sells. They reflect the exercise of 2,419 restricted stock units and the withholding of 1,195 shares for taxes, a standard compensation and tax-settlement mechanism rather than discretionary trading activity.
What do the restricted stock unit terms mean in the ANF Form 4 footnotes?
Each restricted stock unit represents a contingent right to receive one ANF common share. The footnotes state these units vest one-third per year starting on the first grant anniversary, indicating a multi-year vesting schedule tied to ongoing service or performance.