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AMERICAN EAGLE OUTFITTERS INC·4

Apr 6, 4:54 PM ET

Keefer James H JR 4

Research Summary

AI-generated summary

Updated

American Eagle (AEO) SVP James H. Keefer Jr. Exercises RSUs, Shares Withheld

What Happened

  • James H. Keefer Jr., SVP, Controller & CAO of American Eagle Outfitters (AEO), reported exercise/conversion of derivative awards on 2026-04-02. The filing shows 6,265 shares acquired via conversion (exercise/conversion of derivative securities) and multiple related derivative conversion entries (260, 3,953, and 2,052 shares) reported as dispositions at $0.00. In addition, 1,785 shares were surrendered/withheld to cover tax liability at $16.84 per share, totaling $30,059.
  • This was a vesting/conversion event of previously awarded restricted stock units (RSUs) and related dividend-equivalent rights rather than an open-market purchase or sale. Withholding of shares to satisfy taxes is a routine post-vesting action, not an opportunistic market sale.

Key Details

  • Transaction date: April 2, 2026; Form 4 filed April 6, 2026 (filed within the required two business days).
  • Reported transaction lines:
    • Exercise/conversion (M) — 6,265 shares acquired at $0.00.
    • Exercise/conversion (M) — 260 shares disposed at $0.00 (derivative).
    • Exercise/conversion (M) — 3,953 shares disposed at $0.00 (derivative).
    • Exercise/conversion (M) — 2,052 shares disposed at $0.00 (derivative).
    • Payment of exercise price/tax liability (F) — 1,785 shares disposed at $16.84 for $30,059.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes: F1–F3 indicate these involve dividend-equivalent rights and RSUs (each RSU = contingent right to one share) that vest in three equal annual installments beginning one year after grant. The F code transaction reflects share withholding to cover taxes.

Context

  • This appears to be vesting/conversion of RSUs (derivative securities) and routine withholding of shares for tax obligations, not an open-market sale. Such transactions are common when equity awards vest and do not necessarily indicate a change in insider sentiment.
  • For retail investors, purchases are generally more informative than routine vesting and tax-withholding events; this filing documents compensation-related share issuance and withholding.