Director at URBAN OUTFITTERS (URBN) receives 2,100 RSUs and exercises 2,100
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
URBAN OUTFITTERS INC director John Champlin Mulliken received an award of 2,100 Director Restricted Stock Units, each representing a contingent right to one common share. On a separate date, 2,100 RSUs were exercised into 2,100 common shares at $0.00, bringing his direct common-share holdings to 21,250. The RSUs vest on the earlier of June 3, 2026 or June 3, 2027, or the dates preceding the respective annual shareholder meetings, if he remains a director through those dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,100 shares exercised/converted
Mixed
3 txns
Insider
Mulliken John Champlin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Restricted Stock Units | 2,100 | $0.00 | -- |
| Exercise | Director Restricted Stock Units | 2,100 | $0.00 | -- |
| Exercise | Common Shares | 2,100 | $0.00 | -- |
Holdings After Transaction:
Director Restricted Stock Units — 2,100 shares (Direct, null);
Common Shares — 21,250 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares. The RSUs vest on the earlier of June 3, 2026 or the date preceding the day of the 2026 annual meeting of the issuer's shareholders, provided that the reporting person is a director of the issuer through such date. The RSUs vest on the earlier of June 3, 2027 or the date preceding the day of the 2027 annual meeting of the issuer's shareholders, provided that the reporting person is a director of the issuer through such date.
Key Figures
RSUs granted: 2,100 units
RSUs exercised: 2,100 shares
Common shares held after: 21,250 shares
+3 more
6 metrics
RSUs granted
2,100 units
Director Restricted Stock Units awarded
RSUs exercised
2,100 shares
RSUs converted into common shares
Common shares held after
21,250 shares
Direct holdings after reported transactions
Vesting date 1
June 3, 2026
Earlier of this date or day before 2026 annual meeting
Vesting date 2
June 3, 2027
Earlier of this date or day before 2027 annual meeting
Exercise price
$0.00 per share
RSU exercise or conversion price
Key Terms
Restricted Stock Unit ("RSU"), Director Restricted Stock Units, Exercise or conversion of derivative security, contingent right, +1 more
5 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares."
Director Restricted Stock Units financial
"security_title: "Director Restricted Stock Units" in the reported transactions."
Director restricted stock units are promises by a company to give board members company shares in the future, usually after a set time or when certain conditions are met. They matter to investors because they can dilute existing shareholders when converted to shares and reveal how the board’s pay is tied to the company’s performance—like a delayed paycheck in company stock that aligns a director’s interests with shareholders and can affect share supply when released.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security" for the RSU exercise."
contingent right financial
"represents a contingent right to receive one of the issuer's common shares."
FAQ
What did URBN director John Champlin Mulliken report in this Form 4?
He reported an award of 2,100 Director Restricted Stock Units and the exercise of 2,100 RSUs into common shares. These transactions are compensation-related, not open‑market trades, and increase his direct holdings in Urban Outfitters common shares.
How many Urban Outfitters (URBN) RSUs were granted to the director?
The director received 2,100 Director Restricted Stock Units. Each RSU represents a contingent right to receive one Urban Outfitters common share, subject to vesting conditions tied to continued board service and specified future dates or shareholder meetings.
When do the URBN Restricted Stock Units reported here vest?
The RSUs vest on the earlier of June 3, 2026 or the date preceding the 2026 annual shareholders’ meeting, and June 3, 2027 or the date preceding the 2027 meeting, provided the reporting person continues serving as a director through those dates.
Were there any open-market purchases or sales of URBN stock in this filing?
No open‑market purchases or sales were reported. The filing shows a grant of Restricted Stock Units and an exercise or conversion of 2,100 RSUs into common shares, all classified as acquisition-type transactions related to equity compensation, not market trading.