HENRETTA DEBORAH A 4

What Happened Deborah A. Henretta, a director of American Eagle Outfitters (AEO), received an award of 436 share units on January 23, 2026. The reported price per unit is $0.00 and the immediate reported value is $0. These are derivative share units (not common stock) that have economic equivalence to AEO shares and become payable upon her termination of service as a director. The award also includes dividend-equivalent rights accrued on previously awarded share units.

Key Details

• Transaction date: 2026-01-23; Transaction type: Grant/Award (code A). Report filed 2026-01-27.
• Reported price: $0.00 per unit; reported immediate value: $0.
• Quantity: 436 share units granted (total includes accrued dividend-equivalent share units).
• Ownership after transaction: Not specified in the provided filing details.
• Footnotes:
  • F1: Each share unit tracks one common share economically and is payable upon termination of director service.
  • F2: Some units represent accrued dividend-equivalent rights on prior awards.
  • F3: Total reflects share units acquired pursuant to accrued dividend equivalents.
• Filing timeliness: Filed Jan 27, 2026 — appears to be within the Form 4 two-business-day reporting window.

Context This was an award of deferred/phantom share units rather than an open-market purchase or sale. Such grants are typically part of director compensation and do not represent an immediate purchase or sale of common stock. They provide future economic exposure tied to AEO shares and may vest or pay out on service termination per the plan terms.