Abercrombie EVP exercises RSUs; shares used for tax
Abercrombie & Fitch EVP and Chief Digital & Tech Officer Samir Desai exercised 3,918 restricted stock units into Class A common shares on March 11.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,918 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,918 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,936 | $87.28 | $169K |
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 transactions did ANF executive Samir Desai report on this Form 4?
Were Samir Desai’s ANF Form 4 transactions open-market purchases or sales?
What does the 3,918 restricted stock unit exercise mean for ANF’s Samir Desai?
How do Samir Desai’s ANF restricted stock units vest over time?
What is the significance of the F-coded tax-withholding transaction in ANF’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.