ABERCROMBIE & FITCH CO /DE/·4

Mar 11, 5:09 PM ET

HENCHEL GREGORY J 4

Research Summary

AI-generated summary

Updated

Abercrombie & Fitch (ANF) EVP Gregory Henchel Converts RSUs, Withholds Shares

What Happened

  • Gregory J. Henchel, EVP, General Counsel & Secretary of Abercrombie & Fitch (ANF), had 4,114 restricted stock units (RSUs) convert into common shares on 2026-03-09. The conversion is reported as an exercise/conversion of a derivative at $0.00 per share.
  • To cover tax withholding, 1,848 of those shares were surrendered (disposed) at an attributed price of $86.27 per share, producing $159,427 in value. Net shares retained by Henchel from this vesting event were 2,266 shares (4,114 converted minus 1,848 withheld).
  • This was a vesting/conversion event (acquisition) combined with routine tax-withholding (disposition), not an open-market purchase or discretionary sale.

Key Details

  • Transaction date: 2026-03-09; Form filed: 2026-03-11 (timely filing).
  • Conversion price: $0.00 (RSUs converting to shares). Withholding disposition price: $86.27; withholding value: $159,427.
  • Net shares received: 2,266 shares after 1,848 shares withheld for taxes.
  • Footnotes: F1 = each RSU represents a right to one common share; F2 = RSUs vest one-third per year beginning on first anniversary of grant.
  • Codes: M = exercise/conversion of derivative (RSU vesting); F = payment of tax liability via share withholding.
  • Shares owned after transaction: not disclosed in the provided filing excerpt.

Context

  • These transactions reflect RSU vesting and routine share withholding to satisfy tax obligations (a common practice). The conversion itself is an acquisition of shares via grant vesting; the surrender of shares for taxes is not the same as an active sale for investment purposes.
  • No 10b5-1 plan or other trading plan is indicated in the provided excerpt.