Trust tied to Urban Outfitters (URBN) co-president sells shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Urban Outfitters, Inc. insider activity: Co-President and CCO Margaret Hayne reported multiple indirect sales of Urban Outfitters common shares by a trust on 02/02/2026 and 02/03/2026 under a Rule 105b-1 trading plan adopted on 7/10/2025.
The trust sold 2,628 shares at a weighted average price of $70.835 and 6,705 shares at $71.564 on 02/02/2026, and 4,366 shares at $71.929 and 4,967 shares at $72.78 on 02/03/2026. The filing notes these are weighted average prices with detailed ranges available on request.
The reported holdings after these transactions include 2,039,582 common shares held indirectly by a trust, along with additional indirect and direct positions through other trusts, a profit sharing (401(k)) plan, spouse holdings, and a foundation. Hayne disclaims beneficial ownership of certain indirect holdings except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,666 shares ($1,341,531)
Net Sell
11 txns
Insider
Hayne Margaret
Role
Co-President & CCO
Sold
18,666 shs ($1.34M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 4,366 | $71.929 | $314K |
| Sale | Common Shares | 4,967 | $72.78 | $361K |
| Sale | Common Shares | 2,628 | $70.835 | $186K |
| Sale | Common Shares | 6,705 | $71.564 | $480K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 2,039,582 shares (Indirect, By Trust);
Common Shares — 1,176,273 shares (Direct)
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 $70.25 to $71.20. 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 Margaret Hayne and indirectly by her spouse, Richard A. Hayne. Margaret 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 $71.255 to $72.185. 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. The price in Column 4 is a weighted average price. The price actually received ranged from $71.54 to $72.53. 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. The price in Column 4 is a weighted average price. The price actually received ranged from $72.55 to $73.16. 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 by three trusts, of which members of Margaret Hayne's immediate family are among the beneficiaries. These shares are owned indirectly by Margaret Hayne and directly by her spouse, Richard A Hayne. Margaret Hayne disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
FAQ
Were the Urban Outfitters (URBN) insider sales under a trading plan?
Yes. The filing states the reported transactions were effected under a Rule 105b-1 trading plan adopted by the reporting person on 7/10/2025. Such plans are pre-arranged trading programs intended to allow systematic share sales over time according to preset instructions.
What indirect trust holdings of Urban Outfitters (URBN) stock are reported?
After the reported transactions, one trust holds 2,039,582 Urban Outfitters common shares. Another line shows 2,597,268 shares held by three trusts where members of Margaret Hayne’s immediate family are among the beneficiaries, reflecting significant trust-related indirect ownership positions in the company’s stock.
How are the reported Urban Outfitters (URBN) sale prices described?
Each transaction’s price is reported as a weighted average. For example, one sale used $70.835 with an actual range from $70.25 to $71.20. Similar ranges are disclosed for the other sales, and full price-by-trade details are available upon request from the reporting person.