Abercrombie (NYSE: ANF) CEO receives 61,329 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Horowitz Fran reported acquisition or exercise transactions in this Form 4 filing.
Abercrombie & Fitch Chief Executive Officer Fran Horowitz received a grant of 61,329 restricted stock units. Each unit represents the right to receive one share of Class A common stock at no purchase price.
The RSUs vest in equal one-third installments each year, beginning on the first anniversary of the March 17, 2026 grant date, creating a three-year vesting schedule tied to ongoing service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Horowitz Fran
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 61,329 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 61,329 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 did ANF CEO Fran Horowitz report in this Form 4 filing?
Fran Horowitz reported receiving 61,329 restricted stock units as compensation. These derivative awards relate to Abercrombie & Fitch Class A common stock and are structured to vest over time, aligning the CEO’s potential share ownership with continued service to the company.
How many restricted stock units were granted to ANF’s CEO?
The CEO received a grant of 61,329 restricted stock units. Each unit represents a contingent right to receive one share of Abercrombie & Fitch common stock, providing equity-based compensation without an upfront purchase price, subject to meeting the vesting conditions described in the award.
What is the vesting schedule for Fran Horowitz’s 61,329 ANF RSUs?
The RSUs vest one-third per year starting on the first anniversary of the grant date. That creates a three-year vesting period in which 61,329 units are released in roughly equal annual installments, encouraging the CEO’s long-term commitment and retention with Abercrombie & Fitch.
Does the ANF CEO have to pay for the 61,329 restricted stock units?
The grant carries a stated price of 0.0000 per unit, so no purchase payment is required. Instead, the CEO receives the right to shares if the vesting conditions are satisfied, reflecting typical equity compensation rather than an open-market stock purchase transaction.
What type of security underlies the ANF CEO’s restricted stock units?
Each restricted stock unit is linked to Abercrombie & Fitch Class A common stock. Upon vesting and settlement, each unit entitles the CEO to receive one share of this common stock, directly tying the value of the award to the company’s future share performance.
When do Fran Horowitz’s ANF restricted stock units expire?
The restricted stock units carry an expiration date of March 17, 2029. This means the contingent rights to receive Abercrombie & Fitch common shares must vest and settle before that date, reinforcing the medium-term incentive horizon embedded in this equity compensation grant.