Chandrasekaran Sujatha 4

What Happened
Sujatha Chandrasekaran, a director of American Eagle Outfitters, was granted 208 share units (reported as a derivative award) on April 24, 2026. The Form 4 reports the units at $0.00 per unit (total reported value $0). The grant includes dividend equivalent rights accrued on previously awarded share units.

Key Details

• Transaction date: 2026-04-24
• Transaction type/code: Grant/Award (A) — 208 share units @ $0.00
• Filing date: 2026-04-28 (appears to be filed late; Form 4s are typically due within two business days)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes:
  • F1: Each share unit equals the economic equivalent of one common share and becomes payable upon the director’s termination of service.
  • F2: Some units represent dividend equivalents accrued on earlier awards.
  • F3: Total shown includes units acquired via accrued dividend equivalents.
• Nature of instrument: Derivative/deferred share units (not immediately tradable common stock)

Context
These are deferred-compensation share units that pay out in the future (upon termination) rather than an open-market purchase or immediate stock issuance. Such awards are common for directors as part of compensation and do not necessarily signal a buy/sell decision by the insider.