Marein-Efron Melanie 4

What Happened
Melanie Marein‑Efron, Chief Financial Officer of Urban Outfitters, reported an open‑market sale of 5,036 URBN shares on May 22, 2026. The shares were sold at $73.42 each for a total reported value of $369,743. This was a sale (S code) rather than a purchase; sales by insiders are often routine and do not necessarily indicate a change in company outlook.

Key Details

• Transaction date: 2026-05-22 (open market sale)
• Price per share: $73.42; Shares sold: 5,036; Total proceeds: $369,743
• Filing date (Form 4): 2026-05-26 — filed within the SEC’s two‑business‑day reporting window (May 25 was a federal holiday)
• Shares owned after transaction: Not specified in the information provided here (see the full Form 4 for holdings)
• No 10b5‑1 plan, tax‑withholding, or other footnotes were noted in the summary provided

Context
Insider sales are common and can reflect routine portfolio management, tax or liquidity needs; they are generally less informative than purchases when assessing insider sentiment. For a complete picture, check the full Form 4 (accession 0001193125-26-239663) for ownership after the sale and any additional footnotes.