Abercrombie & Fitch (ANF) EVP converts 2,939 RSUs, 1,353 shares withheld for tax
Rhea-AI Filing Summary
Abercrombie & Fitch Co. EVP of Human Resources Jay Rust exercised restricted stock units into common shares. On March 9, 2026, he converted 2,939 restricted stock units into the same number of Class A common shares, reflecting a scheduled equity compensation event.
To cover tax obligations, 1,353 shares of Class A common stock were withheld at $86.27 per share, a non-market disposition. After these transactions, Rust directly held 8,234 shares of Class A common stock. The footnotes state that each restricted stock unit represents one share and that such units vest in three equal annual installments beginning on the first anniversary of the grant date.
Positive
- None.
Negative
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Insights
Routine RSU vesting with tax withholding; no open-market trading.
Jay Rust, EVP of Human Resources at Abercrombie & Fitch, exercised 2,939 restricted stock units into Class A common shares. This follows the plan terms, where restricted stock units vest one-third per year starting on the first anniversary of grant.
To satisfy tax obligations on vesting, 1,353 shares were withheld at $86.27 per share, classified as a tax-withholding disposition rather than an open-market sale. After these actions, Rust held 8,234 shares directly, showing a net increase in his share ownership from this equity award.
The filing indicates no remaining derivative position in these units, as the derivativeSummary is empty. Subsequent company filings may provide additional context on future equity awards or vesting events under the same or similar compensation programs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,939 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,939 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,353 | $86.27 | $117K |
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.
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