Abercrombie (NYSE: ANF) EVP exercises 1,949 RSUs, withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abercrombie & Fitch Co. executive Jay Rust, EVP Human Resources, reported compensation-related stock activity involving restricted stock units. On March 23, 2026, restricted stock units covering 1,949 shares of Class A common stock were exercised into shares at a stated price of $0.00 per share.
Of those shares, 870 were withheld at $87.51 per share to satisfy tax obligations, which is a tax-withholding disposition rather than an open-market sale. After these transactions, Rust directly holds 10,884 shares of Class A common stock. The restricted stock units represent a right to receive one share per unit and vest one-third per year beginning on the first anniversary of grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,949 shares exercised/converted
Mixed
3 txns
Insider
Rust Jay
Role
EVP Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,949 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,949 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 870 | $87.51 | $76K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Class A Common Stock — 11,754 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 stock transactions did ANF executive Jay Rust report?
Jay Rust reported exercising restricted stock units for 1,949 shares of Abercrombie & Fitch Class A common stock. The company then withheld 870 of those shares at $87.51 each to cover tax obligations related to the award’s vesting and settlement.
What type of derivative security did Jay Rust exercise in the ANF Form 4?
He exercised restricted stock units, each representing a contingent right to receive one share of Abercrombie & Fitch common stock. A total of 1,949 units converted into Class A common shares as part of his equity compensation on March 23, 2026.
How do Jay Rust’s ANF restricted stock units vest according to the filing?
The restricted stock units vest in three equal installments. They vest one-third per year, beginning on the first anniversary of the original grant date, gradually delivering Abercrombie & Fitch Class A common shares to Jay Rust over that multi-year schedule.
What does the F transaction code mean in Jay Rust’s ANF Form 4?
The F code indicates shares were used to pay taxes or exercise costs. For Jay Rust, 870 shares of Abercrombie & Fitch Class A stock were withheld at $87.51 each to satisfy tax liabilities, not sold in an open-market transaction for investment purposes.