Abercrombie & Fitch (ANF) CEO exercises RSUs, 9,621 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
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
21,815 shares exercised/converted
Mixed
3 txns
Insider
Horowitz Fran
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 21,815 | $0.00 | -- |
| Exercise | Class A Common Stock | 21,815 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 9,621 | $87.28 | $840K |
Holdings After Transaction:
Restricted Stock Unit — 43,632 shares (Direct);
Class A Common Stock — 357,420 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 CEO Fran Horowitz report on this Form 4?
Fran Horowitz exercised restricted stock units into Class A common shares. She converted 21,815 units granted as equity compensation into the same number of shares, reflecting a routine derivative exercise rather than an open‑market stock purchase.
Was the ANF CEO’s Form 4 transaction an open-market sale of stock?
No, the disposition was for tax withholding. The 9,621 shares labeled with transaction code “F” were surrendered at $87.28 per share to cover tax liabilities, not sold on the open market for discretionary portfolio reasons.
What are the key terms of the ANF restricted stock units involved in this Form 4?
Each restricted stock unit represents a contingent right to one share of Abercrombie & Fitch common stock. The units vest in three equal installments, with one‑third vesting each year starting on the first anniversary of the grant date, as disclosed.