Abercrombie & Fitch (NYSE: ANF) COO exercises RSUs, withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abercrombie & Fitch EVP and COO Scott D. Lipesky exercised restricted stock units that converted into 3,456 shares of Class A common stock on March 12, 2026. These units represent a right to receive one share of common stock for each unit and vest one-third per year.
To cover tax obligations on this vesting, 1,497 shares of Class A common stock were disposed of at $84.08 per share through share withholding, which is not an open-market sale. After these transactions, Lipesky directly holds 152,549 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,456 shares exercised/converted
Mixed
3 txns
Insider
Lipesky Scott D.
Role
EVP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,456 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,456 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,497 | $84.08 | $126K |
Holdings After Transaction:
Restricted Stock Unit — 3,457 shares (Direct);
Class A Common Stock — 154,046 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 one-third per year beginning on the first anniversary of the date of grant.
FAQ
What insider transaction did ANF executive Scott D. Lipesky report?
Scott D. Lipesky reported exercising restricted stock units into 3,456 shares of Abercrombie & Fitch Class A common stock. This reflects routine equity compensation vesting rather than an open-market purchase and increases his directly held common share position.
What type of security did the ANF restricted stock units convert into?
Each restricted stock unit represented a contingent right to receive one share of Class A common stock of Abercrombie & Fitch. On March 12, 2026, 3,456 restricted stock units were exercised and converted into the same number of Class A common shares.
How do Abercrombie & Fitch (ANF) restricted stock units vest for this grant?
The restricted stock units associated with this transaction vest one-third per year, beginning on the first anniversary of the grant date. This schedule creates three equal annual vesting events, each delivering shares of Abercrombie & Fitch common stock upon vesting.
Was the ANF Form 4 transaction an open-market buy or sell?
The filing shows an exercise of restricted stock units and a tax-withholding share disposition. No open-market purchase or sale occurred; the transactions stem from equity compensation vesting and payment of related taxes in shares, coded M and F respectively.