STOCK TITAN

Abercrombie (NYSE: ANF) EVP exercises RSUs, delivers shares to cover tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Abercrombie & Fitch EVP and Chief Digital & Tech Officer Samir Desai exercised 3,918 restricted stock units into Class A common shares on March 11. Of these, 1,936 shares at $87.28 per share were withheld to cover tax obligations, not sold on the market. Following these compensation-related transactions, he directly holds 62,711 Class A shares.

Positive

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Negative

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Insider Desai Samir
Role EVP;Chief Digital&Tech Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit 3,918 $0.00 --
Exercise Class A Common Stock 3,918 $0.00 --
Tax Withholding Class A Common Stock 1,936 $87.28 $169K
Holdings After Transaction: Restricted Stock Unit — 7,837 shares (Direct); Class A Common Stock — 64,647 shares (Direct)
Footnotes (1)
  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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Desai Samir

(Last) (First) (Middle)
6301 FITCH PATH

(Street)
NEW ALBANY OH 43054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ABERCROMBIE & FITCH CO /DE/ [ ANF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP;Chief Digital&Tech Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/11/2026 M 3,918 A $0.0000 64,647 D
Class A Common Stock 03/11/2026 F 1,936 D $87.28 62,711 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (1) 03/11/2026 M 3,918 (2) 03/11/2028 Class A Common Stock 3,918 $0.0000 7,837 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
2. Restricted stock units vest one-third per year beginning on the first anniversary of the date of grant.
Robert J. Tannous, Attorney-in-Fact 03/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did ANF executive Samir Desai report on this Form 4?

Samir Desai reported exercising 3,918 restricted stock units into Abercrombie & Fitch Class A common shares. On the same date, 1,936 of those shares were delivered back at $87.28 per share to satisfy tax liabilities tied to the vesting.

How many Abercrombie & Fitch (ANF) shares does Samir Desai hold after these transactions?

After the March 11 transactions, Samir Desai directly holds 62,711 shares of Abercrombie & Fitch Class A common stock. This figure reflects the RSU conversion and the shares withheld to cover associated tax obligations reported in the Form 4.

Were Samir Desai’s ANF Form 4 transactions open-market purchases or sales?

The Form 4 shows no open-market purchases or sales. Instead, it reports an option-like RSU exercise coded “M” and a tax-withholding disposition coded “F,” meaning shares were delivered to cover tax liability rather than sold in the open market.

What does the 3,918 restricted stock unit exercise mean for ANF’s Samir Desai?

Each restricted stock unit represents a contingent right to one Abercrombie & Fitch common share. On March 11, 3,918 RSUs converted into the same number of Class A shares as part of his compensation, consistent with the vesting schedule described in the footnotes.

How do Samir Desai’s ANF restricted stock units vest over time?

The footnotes state that restricted stock units vest one-third per year beginning on the first anniversary of the grant date. As they vest, each unit converts into one share of Abercrombie & Fitch common stock, subject to applicable tax withholding obligations.

What is the significance of the F-coded tax-withholding transaction in ANF’s Form 4?

The F code indicates shares were used to pay tax liabilities related to the RSU vesting. For Samir Desai, 1,936 Class A shares at $87.28 per share were delivered for this purpose, a mechanistic tax event rather than a discretionary stock sale.