Urban Outfitters (URBN) CEO records stock sales under preset trading plan
Rhea-AI Filing Summary
Urban Outfitters, Inc. insider activity: CEO, Chairman, director and 10% owner Richard A. Hayne reported open‑market sales of Urban Outfitters common shares on January 20–21, 2026. Some sales were from shares held directly in his name, and others from accounts where his spouse serves as trustee, with Hayne disclaiming beneficial ownership except for any pecuniary interest.
Reported weighted average sale prices ranged from about $70.425 to $71.111 per share, with footnotes stating actual trade prices ran between $70.00 and $71.355. After these transactions, he continued to hold 17,622,593 common shares directly and 2,085,401 shares indirectly through his spouse as trustee, along with additional indirect holdings via profit sharing funds, family trusts, a foundation, and shares held directly by his spouse. The filing notes the transactions were effected pursuant to a Rule 105b-1 trading plan adopted on July 10, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,000 shares
Net Sell
14 txns
Insider
HAYNE RICHARD A
Role
CEO & Chairman of the Board
Sold
40,000 shs ($2.82M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 10,133 | $70.55 | $715K |
| Sale | Common Shares | 8,867 | $70.55 | $626K |
| Sale | Common Shares | 534 | $71.065 | $38K |
| Sale | Common Shares | 466 | $71.065 | $33K |
| Sale | Common Shares | 10,105 | $70.425 | $712K |
| Sale | Common Shares | 8,843 | $70.425 | $623K |
| Sale | Common Shares | 562 | $71.111 | $40K |
| Sale | Common Shares | 490 | $71.111 | $35K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 17,622,593 shares (Direct);
Common Shares — 4,682,669 shares (Indirect, By Spouse as Trustee);
Common Shares — 23,480 shares (Indirect, By Profit Sharing Fund (401(k) Plan));
Common Shares — 185,573 shares (Indirect, By Trust);
Common Shares — 35,140 shares (Indirect, By Hayne Foundation);
Common Shares — 1,176,273 shares (Indirect, By Spouse);
Common Shares — 11,300 shares (Indirect, By Spouse through Profit Sharing Fund (401(k) Plan))
Footnotes (8)
- F1. The reported transaction was effected pursuant to a Rule 105b-1 trading plan adopted by the reporting person on 7/10/2025.
- F2. The price in Column 4 is a weighted average price. The price actually received ranged from $70.00 to $70.965. 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.
- F3. These shares are owned indirectly by Richard A. Hayne and indirectly by his spouse, Margaret Hayne. Richard A. Hayne disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
- F4. The price in Column 4 is a weighted average price. The price actually received ranged from $71.02 to $71.355. 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.
- F5. The price in Column 4 is a weighted average price. The price actually received ranged from $70.03 to $70.96. 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.
- F6. These shares are held by two trusts of which members of Richard A. Hayne's immediate family are among the beneficiaries. Mr. Hayne serves as trustee of each trust and disclaims beneficial ownership of the issuer's common shares held by the trusts, except to the extent of his pecuniary interest therein.
- F7. These shares are owned indirectly by Richard A. Hayne and directly by his spouse, Margaret Hayne. Richard A. Hayne disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
- F8. These shares are owned by three trusts, of which members of Margaret Hayne's immediate family are among the beneficiaries.
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FAQ
What insider transactions did URBN CEO Richard Hayne report in this Form 4?
The filing reports open‑market sales of Urban Outfitters (URBN) common shares on January 20–21, 2026, from accounts held directly by CEO Richard A. Hayne and from accounts where his spouse serves as trustee, with sales coded as "S" for non‑derivative common shares.
Were the URBN insider stock sales made under a trading plan?
Yes. A footnote states that the reported transactions were effected pursuant to a Rule 105b-1 trading plan adopted by the reporting person on July 10, 2025.
What does Direct (D) vs. Indirect (I) ownership mean in the URBN Form 4 table?
In the table, Direct (D) indicates shares registered in the reporting person’s own name, while Indirect (I) refers to shares held through other entities or accounts, such as spouse as trustee, profit sharing funds, family trusts, or a foundation, as described in the "Nature of Indirect Beneficial Ownership" column and related footnotes.