SCHOTTENSTEIN JAY L 4
Accession 0001225208-26-000759
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 6:07 PM ET
Size
10.9 KB
Accession
0001225208-26-000759
Research Summary
AI-generated summary of this filing
American Eagle (AEO) Exec Chairman Jay Schottenstein Sells 1.05M Shares
What Happened
Jay L. Schottenstein, Executive Chairman, CEO and a director of American Eagle Outfitters (AEO), disposed of a total of 1,048,579 shares in open-market sales across three days (Jan 20–22, 2026), generating approximately $26,813,205 in gross proceeds. The individual transactions were: 500,000 shares on Jan 20 at a weighted average ~$25.27 ($12,635,000); 527,343 shares on Jan 21 at a weighted average ~$25.83 ($13,621,270); and 21,236 shares on Jan 22 at a weighted average ~$26.23 ($556,935). These were sales (not purchases), which are commonly routine liquidity transactions and do not by themselves indicate company outlook.
Key Details
- Transaction dates & weighted-average prices:
- 2026-01-20: 500,000 shares @ $25.27 (weighted avg; prices ranged $25.15–$25.65) — see F1
- 2026-01-21: 527,343 shares @ $25.83 (weighted avg; prices ranged $25.63–$26.14) — see F3
- 2026-01-22: 21,236 shares @ $26.23 (weighted avg; prices ranged $26.20–$26.25) — see F4
- Aggregate sold: 1,048,579 shares for ~$26,813,205.
- Ownership after the transactions: not specified in the provided filing excerpt.
- Footnotes: F2 indicates some shares are held by family trusts for which Mr. Schottenstein or his spouse serve as trustee. F1–F4 note the reported prices are weighted averages and provide intra-day price ranges; full per-price detail is available to the SEC or issuer on request.
- Filing timeliness: Form 4 was filed Jan 22, 2026 (Period of Report begins Jan 20); the filing appears to have been made within the standard two-business-day window for reporting insider transactions.
- No 10b5-1 plan, tax-withholding, or other special method of sale was disclosed in the provided notes.
Context
Sales by executives are often for personal/portfolio reasons (liquidity, diversification, trust distributions). For retail investors, purchases typically convey a clearer signal of insider conviction; these are open-market sales and should be viewed as routine disclosures unless further context is provided by the company or filer.
Insider Transaction Report
- Sale
Common Stock, without par value
[F1][F2]2026-01-20$25.27/sh−500,000$12,635,000→ 6,935,574 total(indirect: By Trust) - Sale
Common Stock, without par value
[F3][F2]2026-01-21$25.83/sh−527,343$13,621,270→ 6,408,231 total(indirect: By Trust) - Sale
Common Stock, without par value
[F4][F2]2026-01-22$26.23/sh−21,236$556,935→ 6,386,995 total(indirect: By Trust)
- 1,953,140
Common Stock, without par value
- 2,611,235(indirect: By LLC)
Common Stock, without par value
- 2,971,202(indirect: By SEI, Inc.)
Common Stock, without par value
Footnotes (4)
- [F1]Price represents a weighted average of the sale price. Shares were sold at prices ranging from $25.15 to $25.65. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.
- [F2]Shares owned by trusts as to which Mr. Schottenstein or his spouse serve as trustee of various family trusts.
- [F3]Price represents a weighted average of the sale price. Shares were sold at prices ranging from $25.63 to $26.14. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.
- [F4]Price represents a weighted average of the sale price. Shares were sold at prices ranging from $26.20 to $26.25. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.
Signature
Documents
Issuer
AMERICAN EAGLE OUTFITTERS INC
CIK 0000919012
Related Parties
1- filerCIK 0001031000
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 6:07 PM ET
- Size
- 10.9 KB