Abercrombie & Fitch (ANF) exec vests RSUs and withholds shares for taxes
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
Net Buyer: 1,224 shares
Net Buy
3 txns
Insider
Desai Samir
Role
EVP;Chief Digital&Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,419 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,419 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,195 | $84.08 | $100K |
Holdings After Transaction:
Restricted Stock Unit — 2,420 shares (Direct);
Class A Common Stock — 63,935 shares (Direct)
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.