URBN COO reports RSU vesting and tax share disposals
URBAN OUTFITTERS INC Co-President & COO Frank Conforti reported multiple equity award transactions involving restricted stock units and common shares.
Rhea-AI Filing Summary
URBAN OUTFITTERS INC Co-President & COO Frank Conforti reported multiple equity award transactions involving restricted stock units and common shares. On March 5, 2026, performance-based and time-based restricted stock units covering 10,200 shares each were exercised or converted into common shares at a price of $0.00 per share.
To cover tax liabilities related to these awards, Conforti disposed of 3,153 and 3,927 common shares, both at $65.62 per share, through tax-withholding dispositions. He also has indirect ownership of 448 common shares through a Profit Sharing Fund (401(k)) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Based Restricted Stock Unit | 10,200 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 10,200 | $0.00 | $0.00 |
| Exercise | Common Shares | 10,200 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 3,153 | $65.62 | $207K |
| Exercise | Common Shares | 10,200 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 3,927 | $65.62 | $258K |
| holding | Common Shares | -- | -- | -- |
Footnotes (4)
- F1. Each Performance Based Restricted Stock Unit ("PSU") represents a contingent right to receive one of the issuer's common shares.
- F2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares.
- F3. One-third of the total number of PSUs granted are eligible to vest on each of March 6, 2025, March 5, 2026 and March 4, 2027, contingent on the continued employment of the reporting person through such date and the satisfaction of certain performance measures relating to the issuer's average operating profit margin for the fiscal years 2025, 2026 and 2027.
- F4. One-third of the total number of RSUs granted are eligible to vest on each of March 6, 2025, March 5, 2026 and March 4, 2027, contingent on the continued employment of the reporting person through such date.
FAQ
What insider transactions did URBN executive Frank Conforti report on this Form 4?
What types of equity awards were involved in Frank Conforti’s URBN transactions?
How do the URBN PSUs and RSUs for Frank Conforti vest over time?
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