Frericks Joseph 4
Research Summary
AI-generated summary
Abercrombie (ANF) GVP Joseph Frericks Receives 2,893 RSU Award
What Happened Joseph Frericks, GVP and Corporate Controller of Abercrombie & Fitch Co. (ANF), received a grant of 2,893 restricted stock units (RSUs) on March 17, 2026. The Form 4 lists the award as a derivative acquisition at $0.00 (typical for RSU grants); no cash changed hands at grant and no immediate shares were delivered.
Key Details
- Transaction date: 2026-03-17; Form filed: 2026-03-19 (timely filing).
- Transaction type/code: Award/Grant (A) — 2,893 RSUs @ $0.00.
- Shares owned after transaction: not reported in this filing.
- Footnotes: F1 — each RSU converts to one share when settled; F2 — RSUs vest 25% per year beginning on the first anniversary (implies a four-year vesting schedule).
- No 10b5-1 plan, tax withholding, or sale reported in this filing.
Context RSU grants are a common form of compensation and retention for executives; they do not represent immediate share ownership or a direct market buy/sell signal. These RSUs will become actual shares only as they vest according to the stated schedule and could be forfeited if vesting conditions (e.g., continued employment) are not met.