Urban Outfitters (URBN) share sales under 105b-1 plan by Hayne trusts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Urban Outfitters Inc. insider entities reported planned stock sales. Trusts associated with Co-President & CCO Margaret Hayne reported a series of open-market sales of Urban Outfitters common shares on January 9 and 12, 2026, coded as open-market sales ("S"). Examples include 8,960 common shares sold on January 12, 2026 at a weighted average price of $74.323 per share and 5,753 common shares sold on January 9, 2026 at a weighted average price of $82.067 per share, all held indirectly "By Trust."
The transactions were effected under a Rule 105b-1 trading plan adopted on July 10, 2025. After these trades, the filing lists more than two million common shares held indirectly by trust, along with additional direct and indirect holdings through personal, spouse, retirement, and foundation accounts. Hayne disclaims beneficial ownership of certain indirect holdings except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,666 shares ($1,457,465)
Net Sell
13 txns
Insider
Hayne Margaret
Role
Co-President & CCO
Sold
18,666 shs ($1.46M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 8,960 | $74.323 | $666K |
| Sale | Common Shares | 373 | $74.903 | $28K |
| Sale | Common Shares | 449 | $80.039 | $36K |
| Sale | Common Shares | 2,579 | $81.353 | $210K |
| Sale | Common Shares | 5,753 | $82.067 | $472K |
| Sale | Common Shares | 552 | $82.814 | $46K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
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Holdings After Transaction:
Common Shares — 2,141,772 shares (Indirect, By Trust);
Common Shares — 1,176,273 shares (Direct)
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 $79.47 to $80.32. 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 $80.58 to $81.57. 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. The price in Column 4 is a weighted average price. The price actually received ranged from $81.58 to $82.55. 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. The price in Column 4 is a weighted average price. The price actually received ranged from $82.61 to $82.94. 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. The price in Column 4 is a weighted average price. The price actually received ranged from $73.82 to $74.755. 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. The price in Column 4 is a weighted average price. The price actually received ranged from $74.82 to $75.01. 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
What does the latest Form 4 for URBN report about insider activity?
The Form 4 reports that trusts associated with Co-President & CCO Margaret Hayne executed multiple open-market sales of Urban Outfitters common shares on January 9 and 12, 2026, all reported as indirect holdings "By Trust."
What Urban Outfitters (URBN) holdings remain after the reported trust sales?
After the reported transactions, one trust holding shows 2,141,772 common shares indirectly owned. The Form 4 also lists additional direct and indirect holdings through personal, trust, spouse, retirement, and foundation accounts.
Who is the reporting person in this URBN Form 4 filing and what is her role?
The reporting person is Margaret Hayne, who is listed as both a Director and an Officer of Urban Outfitters Inc., with the title Co-President & CCO.
How are the Urban Outfitters (URBN) insider holdings attributed in this Form 4?
The filing attributes many positions as indirectly held, including "By Trust", "By Spouse", retirement plans, and a foundation. Footnotes explain that some shares are owned by trusts or by her spouse, and that Margaret Hayne disclaims beneficial ownership except to any pecuniary interest.