SCHOTTENSTEIN JAY L 4

What Happened

• Jay L. Schottenstein, Executive Chairman & Chief Executive Officer of American Eagle Outfitters, received an award of 1,321 derivative shares on January 23, 2026. The filing shows an acquisition price of $0.00 because these are dividend-equivalent rights tied to previously granted restricted stock units (RSUs), not an open-market purchase.

Key Details

• Transaction date: 2026-01-23
• Transaction type/code: Award/Acquisition (A)
• Shares/units received: 1,321
• Reported acquisition price: $0.00 (derivative award)
• Filing date: 2026-01-27 (filed within the normal 2-business-day Form 4 window)
• Shares owned after the transaction: Not disclosed in this filing
• Footnote: F1 — the award represents dividend equivalent rights that accrue on previously awarded RSUs and vest proportionately; each dividend equivalent is economically equivalent to one share
• No tax-withholding or sale (e.g., F or S codes) was reported in this entry

Context

• Dividend-equivalent rights are compensatory, derivative awards that pay out like shares when they vest; they are not a cash purchase or sale and therefore do not directly signal a buy/sell intent in the open market. Such awards are routine components of executive compensation.