Urban Outfitters (URBN) CEO Richard Hayne reports insider sales under trading plan
Rhea-AI Filing Summary
Urban Outfitters CEO and Chairman Richard Hayne reported several open-market sales of the company’s common shares. On January 22, 2026, he sold 7,657 common shares at a weighted average price of $70.916 and 3,010 shares at a weighted average price of $71.813, both reported as directly owned holdings.
On the same date, entities where his spouse serves as trustee sold 6,699 and 2,634 common shares at the same respective weighted average prices. After these transactions, Hayne beneficially owned 17,611,926 common shares directly, along with additional indirect holdings through his spouse, trusts, a foundation, and profit sharing plans. The filing notes the trades were made under a Rule 105b-1 trading plan adopted on July 10, 2025 and that several indirect positions are subject to beneficial ownership disclaimers.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 7,657 | $70.916 | $543K |
| Sale | Common Shares | 6,699 | $70.916 | $475K |
| Sale | Common Shares | 3,010 | $71.813 | $216K |
| Sale | Common Shares | 2,634 | $71.813 | $189K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- The reported transaction was effected pursuant to a Rule 105b-1 trading plan adopted by the reporting person on 7/10/2025. The price in Column 4 is a weighted average price. The price actually received ranged from $70.52 to $71.51. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range. These shares are owned indirectly by Richard A. Hayne and indirectly by his spouse, Margaret Hayne. Richard A. Hayne disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein. The price in Column 4 is a weighted average price. The price actually received ranged from $71.52 to $72.19. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range. These shares are held by two trusts of which members of Richard A. Hayne's immediate family are among the beneficiaries. Mr. Hayne serves as trustee of each trust and disclaims beneficial ownership of the issuer's common shares held by the trusts, except to the extent of his pecuniary interest therein. These shares are owned indirectly by Richard A. Hayne and directly by his spouse, Margaret Hayne. Richard A. Hayne disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein. These shares are owned by three trusts, of which members of Margaret Hayne's immediate family are among the beneficiaries.
FAQ
What insider activity did URBN CEO Richard Hayne report?
Richard Hayne, CEO and Chairman of Urban Outfitters (URBN), reported multiple open-market sales of common shares on January 22, 2026, including both directly held shares and shares held through entities associated with his spouse as trustee.
Does Richard Hayne claim full beneficial ownership of all indirect URBN holdings?
No. The footnotes state that for certain indirect holdings, including shares held by his spouse and family trusts, Richard Hayne disclaims beneficial ownership except to the extent of any pecuniary interest.