SCHOTTENSTEIN JAY L 4

What Happened

• Jay L. Schottenstein, Executive Chairman & CEO and a director of American Eagle Outfitters (AEO), was granted 1,781 dividend-equivalent rights on April 24, 2026. The filing lists the acquisition price as $0.00 (this is an award/derivative grant, not a purchase).
• These rights are derivative awards that are the economic equivalent of 1,781 shares of AEO common stock and will vest proportionately with the underlying restricted stock units (RSUs) to which they relate.

Key Details

• Transaction date: 2026-04-24; Filing date: 2026-04-28 (filed within the SEC two-business-day window).
• Security: Dividend-equivalent rights tied to previously awarded RSUs (derivative award).
• Amount: 1,781 rights; price reported: $0.00; total cash exchanged: $0.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The rights represent dividend equivalents that vest alongside the related RSUs and are economically equivalent to one share each.

Context

• This was an equity compensation award, not an open-market purchase or sale, so it reflects compensation mechanics rather than a direct bullish or bearish trading decision.
• Because these are tied to RSU vesting, they typically become economically meaningful only as the underlying RSUs vest (and any tax-withholding or conversion terms would be governed by the award agreement).