Henke Beth M 4
Research Summary
AI-generated summary
American Eagle (AEO) EVP & CLO Beth Henke Receives Award of 137 Dividend-Equivalent Units
What Happened
- Beth M. Henke, EVP and Chief Legal Officer of American Eagle Outfitters (AEO), was credited with 137 derivative shares on January 23, 2026. The transaction is an award/grant (Form 4 code A) with a $0.00 acquisition price — these are dividend-equivalent rights tied to previously granted restricted stock units (RSUs), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-23; Filing date: 2026-01-27 (filed within typical two-business-day Form 4 window).
- Instrument: 137 dividend-equivalent rights (derivative), acquisition price reported as $0.00.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The dividend-equivalent rights accrue on previously awarded RSUs and vest proportionately with those RSUs; each dividend equivalent is the economic equivalent of one share of AEO common stock.
- Transaction code: A = Award/Grant of derivative securities.
Context
- This is a compensation-related award (derivative dividend equivalents that vest with RSUs), which is routine for executives and does not represent a buy or sell decision in the open market. Dividend-equivalent units typically convert to stock value when they vest or are settled per the award terms.