Ball Robert J. 4
Research Summary
AI-generated summary
Abercrombie & Fitch (ANF) CFO Robert Ball Exercises RSUs, Shares Withheld
What Happened
Robert J. Ball, EVP and Chief Financial Officer of Abercrombie & Fitch (ANF), converted/exercised 519 derivative awards (restricted stock units) on March 12, 2026. Of those, 151 shares were withheld to cover taxes at $84.08 per share (total withheld value $12,696). The awards show an exercise/conversion price of $0, consistent with RSU vesting rather than a paid option exercise; the net shares delivered to Ball were 368 (519 − 151).
Key Details
- Transaction date: 2026-03-12; Form 4 filed 2026-03-16 (filed within two business days).
- Reported lines: M — 519 shares acquired at $0.00 (derivative conversion); F — 151 shares disposed/withheld at $84.08 for tax liability ($12,696); M — 519 shares recorded as derivative disposition (conversion).
- Net shares received: 368 shares (519 converted − 151 withheld).
- Shares owned after the transaction: not specified in the provided filing details.
- Footnotes: F1 — each restricted stock unit (RSU) equals one share; F2 — RSUs vest 25% per year beginning on the first anniversary of the grant.
- Nature of transaction: award conversion with tax withholding (routine vesting), not an open-market purchase or sale.
Context
This was a conversion/vesting of compensation awards (RSUs) with shares withheld to satisfy tax obligations — a common, administrative insider transaction. Such vesting/withholding transactions are routine and do not necessarily signal the insider’s market view.