Ball Robert J. 4

What Happened
Robert J. Ball, EVP & CFO of Abercrombie & Fitch (ANF), converted 780 restricted stock units into common shares on March 23, 2026 (transaction code M). Of those 780 shares, 227 shares were withheld to satisfy tax withholding obligations at $87.51/share for a total withholding of $19,865 (transaction code F). Net newly acquired shares from the vesting were 553. This was a vesting/conversion of awards (not an open‑market purchase or a discretionary sale).

Key Details

• Transaction date: 2026-03-23 (filed on 2026-03-25). Filing appears timely (within two business days).
• Converted: 780 RSUs → 780 shares (code M).
• Withheld for taxes: 227 shares at $87.51/share = $19,865 (code F).
• Net shares retained after withholding: 553 shares. Based on the $87.51/share withholding price, the 553 net shares are roughly $48.4K in value.
• Footnotes: F1 — each restricted stock unit (RSU) converts to one common share; F2 — the RSUs vested 50% on 3/22/2025 and 50% on 3/22/2026.
• Shares owned after the transaction: not specified in the filing.

Context
The primary activity was RSU vesting/conversion. The withholding of shares to cover taxes is a routine administrative step (cashless/tax‑withholding) and is not the same as an open‑market sale signaling intent. Transaction codes: M = exercise/conversion of a derivative (here, RSUs); F = payment of exercise price or tax liability (share withholding).