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AMERICAN EAGLE OUTFITTERS INC·4

Jan 22, 6:07 PM ET

SCHOTTENSTEIN JAY L 4

Research Summary

AI-generated summary

Updated

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.