Lipesky Scott D. 4

What Happened Scott D. Lipesky, EVP and COO of Abercrombie & Fitch Co. (ANF), had 11,754 restricted stock units (RSUs) convert to common shares on 2026-03-09. Of those shares, 5,103 were withheld to satisfy tax withholding obligations at an indicated per-share value of $86.27, totaling about $440,236. The conversion (reported with transaction code M) represents RSU vesting/settlement rather than a market purchase or open-market sale.

Key Details

• Transaction date: 2026-03-09 (Filed 2026-03-11).
• Conversion: 11,754 RSUs converted to common shares (transaction code M) at $0.00 exercise price (typical for RSUs).
• Tax withholding: 5,103 shares were withheld (transaction code F) valued at $86.27 each for a total of ~$440,236.
• Net shares delivered to insider: 11,754 − 5,103 = 6,651 shares retained (as implied by the filing).
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnotes: F1 — each RSU equals one contingent share; F2 — RSUs vest one‑third per year beginning on the first anniversary of the grant.
• Filing timeliness: filing appears timely (transaction 3/9, filed 3/11); no late‑filing flag indicated.

Context

• This was an RSU vesting event with share‑withholding to cover taxes (a common administrative/cashless withholding), not an open‑market sale or purchase that signals a directional bet.
• Transaction codes: M = exercise/conversion of a derivative security (here, RSU conversion); F = payment of exercise price or tax liability via share withholding.