Urban Outfitters (URBN) executive-linked trust sells shares via 10b5-1 plan
Rhea-AI Filing Summary
Urban Outfitters (URBN) executive Margaret Hayne reported pre-planned share sales executed by a family trust associated with her. On 01/15/2026, the trust sold 9,333 common shares at a weighted average price of $70.072, and on 01/16/2026 it sold another 9,333 common shares at a weighted average price of $70.202, both coded as open-market sales. The filing states these transactions were made under a Rule 10b5-1 trading plan adopted on 07/10/2025.
Following the reported transactions, one trust related to her reported holding 2,104,067 Urban Outfitters common shares. Hayne also reports 1,176,273 common shares held directly, plus additional indirect holdings through a 401(k) profit sharing fund, multiple trusts, her spouse, her spouse as trustee, and the Hayne Foundation. The filing notes that she disclaims beneficial ownership of certain indirect holdings except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 9,333 | $70.202 | $655K |
| Sale | Common Shares | 9,333 | $70.072 | $654K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- The reported transaction was effected pursuant to a Rule 105b-1 trading plan adopted by the reporting person on 7/10/2025. The price in Column 4 is a weighted average price. The price actually received ranged from $70.00 to $70.33. 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. These shares are owned indirectly by Margaret Hayne and indirectly by her spouse, Richard A. Hayne. Margaret Hayne disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein. The price in Column 4 is a weighted average price. The price actually received ranged from $70.00 to $70.73. 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. These shares are owned by three trusts, of which members of Margaret Hayne's immediate family are among the beneficiaries. These shares are owned indirectly by Margaret Hayne and directly by her spouse, Richard A Hayne. Margaret Hayne disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
FAQ
Who is the reporting person in this Urban Outfitters (URBN) Form 4?
The reporting person is Margaret Hayne, a Director and Co-President & CCO of Urban Outfitters, Inc. She filed the Form 4 as a single reporting person.
What insider transactions in URBN stock were reported by Margaret Hayne?
A trust associated with Margaret Hayne reported two open-market sales of Urban Outfitters common shares: 9,333 shares on 01/15/2026 at a weighted average price of $70.072, and 9,333 shares on 01/16/2026 at a weighted average price of $70.202.
Does Margaret Hayne claim full beneficial ownership of all reported URBN indirect holdings?
No. The filing explains that certain shares owned by trusts and by her spouse are held indirectly, and it states that Margaret Hayne disclaims beneficial ownership of these shares except to the extent of any pecuniary interest.
What do the weighted average prices in the URBN Form 4 represent?
The prices of $70.072 and $70.202 are weighted average prices. The filing notes that the actual prices received ranged from $70.00 to $70.33 for one sale and from $70.00 to $70.73 for the other, and that full price breakdowns are available upon request.