URBN CAO sells 8,733 shares at $73.18

URBAN OUTFITTERS INC Chief Administrative Officer Azeez Hayne reported an open-market sale of 8,733 common shares at a weighted average price of $73.182 per share on 2026-05-22.

Rhea-AI Filing Summary

URBAN OUTFITTERS INC Chief Administrative Officer Azeez Hayne reported an open-market sale of 8,733 common shares at a weighted average price of $73.182 per share on 2026-05-22. The sale price ranged from $73.00 to $73.55.

Following the transaction, Hayne no longer holds shares directly but continues to have indirect ownership through trusts, which hold 55,815 and 8,827 common shares, respectively.

Insider Trade Summary

Net Seller: 8,733 shares

Net Sell 3 txns

Insider Hayne Azeez

Role Chief Administrative Officer

Sold 8,733 shs ($639K)

Type	Security	Shares	Price	Value
Sale	Common Shares	8,733	$73.182	$639K
holding	Common Shares	--	--	--
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 0 shares (Direct); Common Shares — 64,642 shares (Indirect, By Trust)

Footnotes (3)

1. F1. The price in Column 4 is a weighted average price. The price actually received ranged from $73.00 to $73.55. 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.
2. F2. These shares are held by a trust of which Mr. Hayne is a trustee.
3. F3. These shares are held by a trust of which Mr. Hayne is a partial residuary beneficiary.

Key Figures

Shares sold: 8,733 shares Weighted average sale price: $73.182 per share Sale price range: $73.00–$73.55 +3 more

6 metrics

Shares sold 8,733 shares Open-market sale of common shares

Weighted average sale price $73.182 per share Price for 8,733-share sale

Sale price range $73.00–$73.55 Range of prices received in the sale

Indirect trust holding 1 55,815 shares Common shares held by trust where Hayne is trustee

Indirect trust holding 2 8,827 shares Common shares held by trust where Hayne is partial residuary beneficiary

Net share change -8,733 shares Net-sell direction per transaction summary

Key Terms

open-market sale, weighted average price, indirect ownership, partial residuary beneficiary, +1 more

5 terms

open-market sale financial

"Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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.

indirect ownership financial

"direct_or_indirect: "I", nature_of_ownership: "By Trust""

partial residuary beneficiary financial

"These shares are held by a trust of which Mr. Hayne is a partial residuary beneficiary."

trustee financial

"These shares are held by a trust of which Mr. Hayne is a trustee."

A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

FAQ

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

What insider transaction did URBN executive Azeez Hayne report on this Form 4?

Azeez Hayne reported an open-market sale of 8,733 URBN common shares. The weighted average price was $73.182 per share, with actual sale prices ranging from $73.00 to $73.55 during the transaction.

At what prices did Azeez Hayne sell URBN shares in the reported transaction?

The reported URBN share sale used a weighted average price of $73.182 per share. Actual prices received ranged between $73.00 and $73.55, reflecting multiple trades combined into one reported transaction total on the Form 4 filing.

How many URBN shares does Azeez Hayne hold after the reported sale?

After the transaction, Azeez Hayne holds no URBN shares directly. However, he has indirect ownership through two trusts, which together hold 55,815 and 8,827 common shares, as disclosed in the Form 4 holding entries.

What is Azeez Hayne’s role at URBAN OUTFITTERS INC (URBN)?

Azeez Hayne serves as Chief Administrative Officer at URBAN OUTFITTERS INC. His position as an officer requires reporting changes in his URBN share ownership, including direct and indirect holdings, on Form 4 insider transaction reports.

How large was the net share change for Azeez Hayne in this URBN Form 4?

The Form 4 shows a net disposition of 8,733 URBN common shares. This reflects one open-market sale transaction, with no reported purchases, gifts, tax withholdings, or derivative exercises in the same filing period.

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

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Accepted by SEC EDGAR 05/26/2026 - 05:22 PM EDT 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^*

Hayne Azeez

(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 Administrative Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

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	05/22/2026		S		8,733	D	$73.182(1)	0	D
Common Shares								8,827(2)	I	By Trust
Common Shares								55,815(3)	I	By Trust

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 $73.00 to $73.55. 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.

2. These shares are held by a trust of which Mr. Hayne is a trustee.

3. These shares are held by a trust of which Mr. Hayne is a partial residuary beneficiary.

	/s/ Azeez Hayne	05/26/2026
	** 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)