Anthropologie CEO (URBN) nets more Urban Outfitters shares after awards
Rhea-AI Filing Summary
Urban Outfitters executive Tricia D. Smith reported compensation-related equity activity involving 18,334 share units of Urban Outfitters common stock. On March 9, 2026, she exercised 9,167 Performance Based Restricted Stock Units and 9,167 Restricted Stock Units, each unit converting into one common share at a price of $0.00 per share.
To cover tax obligations, 4,237 common shares were withheld at $64.48 per share in two separate transactions totaling 8,474 shares, rather than sold in the open market. After these exercises and tax withholdings, Smith directly held 27,198 common shares of Urban Outfitters. The PSU and RSU awards vest in three annual installments, contingent on continued employment and, for PSUs, meeting operating profit margin performance measures.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Based Restricted Stock Unit | 9,167 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 9,167 | $0.00 | -- |
| Exercise | Common Shares | 9,167 | $0.00 | -- |
| Tax Withholding | Common Shares | 4,237 | $64.48 | $273K |
| Exercise | Common Shares | 9,167 | $0.00 | -- |
| Tax Withholding | Common Shares | 4,237 | $64.48 | $273K |
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 8, 2024, 2025 and 2026, 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 2024, 2025 and 2026. One-third of the total number of RSUs granted are eligible to vest on each of March 8, 2024, 2025 and 2026, contingent on the continued employment of the reporting person through such date.