URBN Co-President exercises 21,668 stock units
URBAN OUTFITTERS Co-President & COO Frank Conforti reported compensation-related equity activity.
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Rhea-AI Filing Summary
URBAN OUTFITTERS Co-President & COO Frank Conforti reported compensation-related equity activity. On March 9, 2026, he exercised performance-based and time-based restricted stock units covering 21,668 common shares at an exercise price of $0.00 per share.
To satisfy tax obligations, 9,948 common shares were withheld at $64.48 per share, a disposition labeled as share delivery for tax payment rather than an open-market sale. After these transactions, he directly held 73,993 common shares and indirectly held 448 shares through a Profit Sharing Fund (401(k)) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Based Restricted Stock Unit | 10,834 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 10,834 | $0.00 | $0.00 |
| Exercise | Common Shares | 10,834 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 4,974 | $64.48 | $321K |
| Exercise | Common Shares | 10,834 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 4,974 | $64.48 | $321K |
| 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 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.
- F4. 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.
FAQ
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What insider transactions did URBN Co-President Frank Conforti report?
What types of equity awards did URBN’s Frank Conforti exercise?
How are URBN performance-based RSUs for Frank Conforti structured?
How do time-based RSUs vest for URBN executive Frank Conforti?
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