ABERCROMBIE & FITCH CO /DE/·4

Jun 5, 5:09 PM ET

ANDERSON KERRII B 4

Research Summary

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Abercrombie & Fitch (ANF) Director Kerrii B. Anderson Exercises & Receives Awards

What Happened

  • Kerrii B. Anderson, a director of Abercrombie & Fitch Co. (ANF), reported multiple derivative transactions on 2026-06-03. The filing shows exercises/conversions and an award that together involve 6,338 shares: acquired 1,567 shares (exercise/conversion), acquired 522 shares (exercise/conversion, derivative), granted/awarded 2,160 shares (derivative award), and an exercise/conversion recorded as a disposal of 2,089 shares. All transactions are reported at $0 per share. Net across the entries is a +4,249 share increase (6,338 total involved minus the 2,089 disposed).

Key Details

  • Transaction date: 2026-06-03; Filing date: 2026-06-05 (filed within two days of the transaction).
  • Prices: all entries reported at $0.00 per share (these are derivative exercises/awards, not open-market trades).
  • Shares involved: total 6,338 shares; net increase +4,249 shares. The filing does not state the insider’s total shares owned after these transactions.
  • Footnotes of note:
    • F1: Phantom stock rights each represent a right to one share of common stock.
    • F2: Phantom stock becomes payable in common stock upon the director’s termination of service.
    • F3: Restricted stock units (RSUs) represent contingent rights to one share each.
    • F4: RSU vesting is the earlier of the first anniversary of the grant or the next regularly scheduled annual meeting of stockholders.
  • The 2,089-share line is listed as a derivative exercise/conversion and marked “Disposed” at $0; the filing doesn’t provide additional detail on the disposition method (e.g., net settlement vs. sale).

Context

  • These are derivative exercises and awards (phantom stock and RSUs), so the $0 price reflects grant/conversion reporting rather than an open-market purchase or sale. Phantom stock and RSUs typically convert to actual shares under the conditions described in the footnotes (e.g., upon termination or vesting). This filing is informational and does not by itself indicate the insider’s market view.