URBAN OUTFITTERS (URBN) CFO records equity vesting and tax-share offsets
Rhea-AI Filing Summary
URBAN OUTFITTERS INC Chief Financial Officer Melanie Marein-Efron reported equity award activity on March 5, 2026. She acquired common shares at no cost through the exercise and conversion of Performance Based Restricted Stock Units (PSUs) and Restricted Stock Units (RSUs), each PSU or RSU representing a right to receive one common share.
In connection with these vestings, a total of 1,649 and 1,624 common shares were disposed of at $65.62 per share to cover tax obligations, a tax-withholding disposition rather than an open-market sale. Following these transactions, she directly owned 12,273 common shares. The PSUs and RSUs vest in three equal annual installments in 2025, 2026, and 2027, subject to continued employment and, for PSUs, performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Based Restricted Stock Unit | 5,255 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 5,255 | $0.00 | -- |
| Exercise | Common Shares | 5,255 | $0.00 | -- |
| Tax Withholding | Common Shares | 1,649 | $65.62 | $108K |
| Exercise | Common Shares | 5,255 | $0.00 | -- |
| Tax Withholding | Common Shares | 1,624 | $65.62 | $107K |
Footnotes (1)
- Each Performance Based Restricted Stock Unit ("PSU") represents a contingent right to receive one of the issuer's common shares. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares. 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. 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.