SCHOTTENSTEIN JAY L 4
4 · AMERICAN EAGLE OUTFITTERS INC · Filed Jan 22, 2026
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.