ANF CEO exercises RSUs, covers tax with shares
Abercrombie & Fitch Chief Executive Officer Fran Horowitz exercised restricted stock units on March 11, 2026, converting 21,815 units into the same number of Class A common shares.
Rhea-AI Filing Summary
Abercrombie & Fitch Chief Executive Officer Fran Horowitz exercised restricted stock units on March 11, 2026, converting 21,815 units into the same number of Class A common shares. Each restricted stock unit represents a right to receive one share of common stock.
Of the resulting shares, 9,621 were automatically delivered back at $87.28 per share to cover tax obligations, a tax-withholding disposition rather than an open‑market sale. After these transactions, Horowitz directly owns 347,799 Class A common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 21,815 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 21,815 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 9,621 | $87.28 | $840K |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ANF CEO Fran Horowitz report on this Form 4?
Was the ANF CEO’s Form 4 transaction an open-market sale of stock?
What are the key terms of the ANF restricted stock units involved in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.