URBN COO vests RSUs, withholds shares for tax
URBAN OUTFITTERS INC Co-President & COO Frank Conforti reported compensation-related equity activity.
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Rhea-AI Filing Summary
URBAN OUTFITTERS INC Co-President & COO Frank Conforti reported compensation-related equity activity. On March 11, 2026, performance-based restricted stock units and restricted stock units converted into a total of 13,120 common shares. To cover tax obligations, 6,024 common shares were withheld at $64.93 per share. After these transactions, he directly holds 81,089 common shares and indirectly holds 448 common shares through a 401(k) profit sharing plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Based Restricted Stock Unit | 6,560 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 6,560 | $0.00 | $0.00 |
| Exercise | Common Shares | 6,560 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 3,012 | $64.93 | $196K |
| Exercise | Common Shares | 6,560 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 3,012 | $64.93 | $196K |
| holding | Common Shares | -- | -- | -- |
Footnotes (4)
- F1. Each Performance Based Restricted Stock Unit ("PSU") represents a contingent right to receive one of the issuer's common shares.
- F2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
- F3. One-third of the total number of PSUs granted are eligible to vest on each of March 11, 2026, March 10, 2027 and March 8, 2028, 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 2026, 2027 and 2028.
- F4. One-third of the total number of RSUs granted are eligible to vest on each of March 11, 2026, March 10, 2027 and March 8, 2028, contingent on the continued employment of the reporting person through such date.
FAQ
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What did URBN executive Frank Conforti report in this Form 4 filing?
What are performance-based restricted stock units (PSUs) in the URBN filing?
How do the URBN restricted stock units (RSUs) for Conforti vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.