Mathias Michael A. 4

What Happened
Michael A. Mathias, EVP and Chief Financial Officer of American Eagle Outfitters (AEO), received two restricted stock unit (RSU) awards on March 25, 2026 totaling 115,398 RSUs (24,213 RSUs and 91,185 RSUs). The grants are reported as derivative awards with an acquisition price of $0.00 per unit (typical for time-based RSU grants); no cash was paid by the insider.

Key Details

• Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (filed within the normal 2‑business‑day window).
• Awards: 24,213 RSUs and 91,185 RSUs; combined = 115,398 RSUs; price reported $0.00 (derivative grant).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes from the filing:
  • F1: Each RSU is a contingent right to receive one share of AEO common stock.
  • F2: The RSUs vest in three equal annual installments beginning on the first anniversary of the grant.
  • F3: (Related note) an option referenced vests 1/3 per year beginning on the first anniversary of grant.
• Transaction type: Award/Grant (code A) — neither a purchase nor a sale; typical executive compensation.

Context
RSU grants are a form of compensation tied to continued employment and vesting schedule; they do not represent immediate share purchases or sales. Because these RSUs vest over three years, the economic interest in stock for Mathias will accrue as portions vest in future years. This filing is informational about compensation and does not by itself indicate buying or selling sentiment.