Urban Outfitters CFO sells 5,700 shares

URBN’s chief financial officer reported a single open-market sale of 5,700 common shares and now directly holds 11,323 shares.

Rhea-AI Filing Summary

URBAN OUTFITTERS INC (URBN) disclosed that Chief Financial Officer Melanie Marein-Efron sold 5,700 Common Shares on September 4, 2026 in a sale of non-derivative securities. The shares were sold at a weighted average price of $80.75 per share, within a range of $80.75 to $80.78, and she now directly holds 11,323 shares. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Net Seller: 5,700 shares

Net Sell 1 txn

Insider Marein-Efron Melanie

Role Chief Financial Officer

Sold 5,700 shs ($460K)

Type	Security	Shares	Price	Value
Sale	Common Shares F1	5,700	$80.75	$460K

Holdings After Transaction: Common Shares — 11,323 shares (Direct)

Footnotes (1)

1. F1. The price in Column 4 is a weighted average price. The price actually received ranged from $80.75 to $80.78. 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.

Key Figures

Shares sold: 5,700 shares Weighted average sale price: $80.75 per share Sale price range: $80.75–$80.78 per share +1 more

4 metrics

Shares sold 5,700 shares Common Shares sold by the CFO on September 4, 2026

Weighted average sale price $80.75 per share Average price for the 5,700 Common Shares sold

Sale price range $80.75–$80.78 per share Range of prices actually received for the reported sale

Shares owned after transaction 11,323 shares Direct Common Share holdings of the CFO following the sale

Key Terms

weighted average price, open market or private transaction, Rule 10b5-1

3 terms

weighted average price financial

"The price in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open market or private transaction financial

"Sale in open market or private transaction"

Rule 10b5-1 regulatory

"The reporting person undertakes to provide upon request by the SEC staff"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did URBN’s Chief Financial Officer report?

URBAN OUTFITTERS INC’s Chief Financial Officer, Melanie Marein-Efron, reported a sale of 5,700 Common Shares on September 4, 2026 in a non-derivative, open-market or private transaction.

At what price did the URBN CFO sell shares in this Form 4 filing?

The filing states a weighted average price of $80.75 per share for the 5,700 shares sold. A footnote explains that actual sale prices ranged from $80.75 to $80.78 per share.

How many URBN shares does the CFO hold after this reported sale?

After the September 4, 2026 sale, Chief Financial Officer Melanie Marein-Efron directly holds 11,323 Common Shares of URBAN OUTFITTERS INC.

Was the URBN CFO’s share sale made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, and no footnote states that the sale was made pursuant to a 10b5-1 trading plan.

What does the price range disclosure mean in URBN’s Form 4 footnote?

The footnote explains that the reported $80.75 is a weighted average price. The actual sale prices for the 5,700 shares ranged from $80.75 to $80.78, and detailed trade-by-trade pricing is available upon request from the CFO, the company, or the SEC staff.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/08/2026 - 04:16 PM Accepted by SEC EDGAR 09/08/2026 - 04:16 PM Learn about SEC filing dates

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^*

Marein-Efron Melanie

(Last) (First) (Middle)

5000 SOUTH BROAD STREET

(Street)

PHILADELPHIA PENNSYLVANIA 19112

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
URBAN OUTFITTERS INC [ URBN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Shares	09/04/2026		S		5,700	D	$80.75(1)	11,323	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

Explanation of Responses:

1. The price in Column 4 is a weighted average price. The price actually received ranged from $80.75 to $80.78. 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.

	/s/ Melaine Marein-Efron	09/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)