Abercrombie & Fitch (NYSE: ANF) COO exercises RSUs, withholds shares for tax
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
Net Buyer: 1,959 shares
Net Buy
3 txns
Insider
Lipesky Scott D.
Role
EVP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,456 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,456 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,497 | $84.08 | $126K |
Holdings After Transaction:
Restricted Stock Unit — 3,457 shares (Direct);
Class A Common Stock — 152,549 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 unit vests 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 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.