Keefer James H JR 4

What Happened

• James H. Keefer Jr., Senior Vice President, Controller & Chief Accounting Officer of American Eagle Outfitters (AEO), was granted 136 dividend-equivalent rights related to previously awarded restricted stock units (RSUs) on April 24, 2026. The filing reports the acquisition as 136 units at $0.00 (derivative award), reflecting an award/credit rather than an open-market purchase.

Key Details

• Transaction date: 2026-04-24; Filing date: 2026-04-28 (filed within the standard two-business-day Form 4 window).
• Transaction type/code: Award/Grant (derivative) — reported as "A".
• Shares/units involved: 136 dividend-equivalent rights; reported acquisition price $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The dividend equivalents accrue on previously awarded RSUs and vest proportionately with those RSUs; each dividend equivalent is the economic equivalent of one AEO common share.

Context

• These dividend-equivalent rights are compensation-related and vest with the underlying RSUs; they represent the cash/stock equivalent of dividends while RSUs are outstanding, not an immediate market purchase or sale. Such awards are routine for executive compensation and do not, by themselves, signal a buy or sell decision by the insider.