URBN director awarded 2,100 RSUs and exercises 2,100
URBAN OUTFITTERS INC director Todd R. Morgenfeld reported routine equity compensation activity.
Rhea-AI Filing Summary
URBAN OUTFITTERS INC director Todd R. Morgenfeld reported routine equity compensation activity. He received a grant of 2,100 Director Restricted Stock Units (RSUs), each representing a contingent right to one common share. On a separate date, 2,100 director RSUs were exercised and converted into 2,100 common shares at a stated price of $0.00 per share.
After these transactions, he directly holds 29,550 common shares and 2,100 director RSUs. The footnotes state that certain RSUs vest on the earlier of June 3, 2026 or the date preceding the 2026 annual shareholders’ meeting, and others on the earlier of June 3, 2027 or the date preceding the 2027 annual meeting, in each case conditioned on his continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Restricted Stock Units | 2,100 | $0.00 | $0.00 |
| Exercise | Director Restricted Stock Units | 2,100 | $0.00 | $0.00 |
| Exercise | Common Shares | 2,100 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
- F2. 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.
- F3. 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
Key Terms
Restricted Stock Unit ("RSU") financial
contingent right financial
director Restricted Stock Units financial
exercise or conversion of derivative security financial
FAQ
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