Baldwin Marisa 4

What Happened
Marisa Baldwin, EVP and CHRO of American Eagle Outfitters (AEO), had restricted stock units and associated dividend equivalent rights vest on March 30, 2026. The filing reports the conversion/exercise of derivative awards totaling 4,138 shares into common stock. To cover tax withholding on the vesting, 2,113 shares were surrendered at an implied value of $16.09 per share, totaling $33,998. The transactions were reported on a Form 4 filed April 1, 2026.

Key Details

• Transaction date: 2026-03-30; Form 4 filed: 2026-04-01 (timely filing).
• Converted/exercised (code M): 4,138 shares (derivative/award conversion).
• Tax withholding (code F): 2,113 shares withheld/disposed at $16.09/share for $33,998.
• Two other M-coded entries list 341 and 3,797 shares as derivative disposals at $0.00 (these reflect conversion/settlement reporting in the filing).
• Shares owned after the reported transactions: not specified in the filing.
• Footnotes: dividend equivalent rights accrued on RSUs (each equals one share); RSUs represent the right to receive one share each and vest in three equal annual installments beginning one year after grant.

Context: These were award/vesting-related transactions (not open-market purchases or discretionary sales). The conversion/settlement and withholding are routine compensation mechanics — exercise/settlement of RSUs and associated dividend equivalents with shares surrendered to satisfy tax obligations.