Lipesky Scott D. 4

What Happened
Scott D. Lipesky, EVP and COO of Abercrombie & Fitch Co. (ANF), had restricted stock units (RSUs) convert into 3,456 shares on March 12, 2026. To satisfy tax withholding, 1,497 of those shares were surrendered at $84.08/share for a withholding value of $125,868, leaving a net 1,959 shares issued to him. The filings show the RSU conversion (derivative conversion) and the tax-withholding disposition.

Key Details

• Transaction date: 2026-03-12; Form 4 filed 2026-03-16 (timely within required period).
• Converted/vested: 3,456 RSUs → 3,456 shares (reported as derivative conversion, code M).
• Tax withholding: 1,497 shares withheld/disposed at $84.08/share, total ~$125,868 (code F).
• Net shares issued to insider: 1,959 shares (3,456 − 1,497).
• Footnotes: Each RSU equals one share; RSUs vest one‑third per year starting on the first anniversary of grant.
• Shares owned after the transaction: not specified in the filing.

Context
This was an RSU vesting and tax-withholding event, not an open-market purchase or a voluntary sale by the insider. The conversion of RSUs into shares and the withholding of shares for taxes are routine compensation events and do not by themselves indicate a buy or sell signal. The filing was submitted within the normal reporting window.