MCMILLAN CARY D 4

What Happened

• Cary D. McMillan, a director of American Eagle Outfitters (AEO), was granted 1,267 share units on 2026-04-24. The Form 4 reports the acquisition as an award/derivative (code A) at $0.00 per unit, so no cash was paid at grant. These are share units (not immediate common shares) that carry the economic equivalent of common stock and will be payable upon his termination of service as a director.

Key Details

• Transaction date: 2026-04-24; Filing date: 2026-04-28 (filed within the standard 2 business-day window).
• Transaction type: Award/Grant of derivative share units (code A); reported price $0.00; reported aggregate value $0.
• Shares acquired: 1,267 share units (derivative instruments).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes:
  • F1: Each share unit equals the economic equivalent of one common share and becomes payable when the director leaves service.
  • F2: Some of the units reflect accrued dividend-equivalent rights tied to previously awarded units.
  • F3: The total includes share units from accrued dividend equivalents.

Context

• These are deferred share units (derivatives), not an open-market purchase or immediate issuance of common stock. Deferred awards are common for board compensation and do not necessarily indicate a director’s near-term trading intent. The award increases the director’s potential future economic exposure to AEO shares once payable.