URBAN OUTFITTERS (URBN) exec reports RSU, PSU vesting and tax-share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
URBAN OUTFITTERS INC executive Tricia D. Smith, Global CEO of Anthropologie Group, reported equity award vesting and related share dispositions. She acquired 9,273 common shares on March 5, 2026 upon exercise/conversion of performance-based and time-based restricted stock units at $0.00 per share.
Two transactions disposed of 2,894 and 3,391 common shares at $65.62 per share to satisfy tax liabilities associated with these awards. After these movements, she directly owned 17,338 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,546 shares exercised/converted
Mixed
6 txns
Insider
Smith Tricia D
Role
Global CEO Anthropologie Group
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Based Restricted Stock Unit | 9,273 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 9,273 | $0.00 | -- |
| Exercise | Common Shares | 9,273 | $0.00 | -- |
| Tax Withholding | Common Shares | 2,894 | $65.62 | $190K |
| Exercise | Common Shares | 9,273 | $0.00 | -- |
| Tax Withholding | Common Shares | 3,391 | $65.62 | $223K |
Holdings After Transaction:
Performance Based Restricted Stock Unit — 9,273 shares (Direct);
Restricted Stock Unit — 9,273 shares (Direct);
Common Shares — 14,350 shares (Direct)
Footnotes (1)
- Each Performance Based Restricted Stock Unit ("PSU") represents a contingent right to receive one of the issuer's common shares. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares. One-third of the total number of PSUs granted are eligible to vest on each of March 6, 2025, March 5, 2026 and March 4, 2027, contingent on the continued employment of the reporting person through such date and the satisfaction of certain performance measures relating to the issuer's average operating profit margin for the fiscal years 2025, 2026 and 2027. One-third of the total number of RSUs granted are eligible to vest on each of March 6, 2025, March 5, 2026 and March 4, 2027, contingent on the continued employment of the reporting person through such date.
FAQ
What insider activity did URBN executive Tricia Smith report on this Form 4?
Tricia D. Smith reported vesting of equity awards and related share dispositions. She acquired 9,273 URBAN OUTFITTERS common shares through conversion of restricted stock units and performance-based units, and a portion of shares was disposed of to cover associated tax obligations.
How do URBN performance-based restricted stock units (PSUs) work for Tricia Smith?
Each PSU represents a contingent right to receive one common share. One-third of the PSUs may vest on March 6, 2025, March 5, 2026, and March 4, 2027, if she remains employed and performance targets tied to average operating profit margin for fiscal 2025–2027 are satisfied.
What are the vesting terms for URBN restricted stock units (RSUs) granted to Tricia Smith?
Each RSU grants a contingent right to one common share. One-third of the RSUs are eligible to vest on March 6, 2025, March 5, 2026, and March 4, 2027, provided Tricia Smith continues her employment with the company through each respective vesting date.