AEO (NYSE: AEO) CAO exercises RSUs, nets shares after tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Eagle Outfitters senior vice president, controller and chief accounting officer James H. Keefer Jr. exercised stock-based awards that converted into common shares. On March 30, 2026, dividend equivalent rights and restricted stock units were converted into 4,138 shares of common stock, reflecting routine compensation-related vesting rather than an open-market purchase.
To cover tax obligations on the vesting, 1,179 shares of common stock were withheld at $16.09 per share. Following these transactions, Keefer directly held 24,006 common shares. No open-market buying or selling occurred; the activity reflects standard equity compensation mechanics.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,138 shares exercised/converted
Mixed
4 txns
Insider
Keefer James H JR
Role
SVP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 341 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 3,797 | $0.00 | -- |
| Exercise | Common Stock, without par value | 4,138 | $0.00 | -- |
| Tax Withholding | Common Stock, without par value | 1,179 | $16.09 | $19K |
Holdings After Transaction:
Dividend Equivalent Rights — 658 shares (Direct);
Restricted Stock Unit — 0 shares (Direct);
Common Stock, without par value — 25,185 shares (Direct)
Footnotes (1)
- The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of American Eagle Outfitters common stock. Each restricted stock unit represents a contingent right to receive one share of American Eagle Outfitters common stock. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the date of grant.
Key Figures
Shares from RSU and DER conversion: 4,138 shares
Shares withheld for taxes: 1,179 shares
Tax withholding price: $16.09 per share
+3 more
6 metrics
Shares from RSU and DER conversion
4,138 shares
Common stock acquired via award conversions on March 30, 2026
Shares withheld for taxes
1,179 shares
Common stock withheld at $16.09 per share for tax obligations
Tax withholding price
$16.09 per share
Value applied to 1,179 shares withheld on March 30, 2026
Post-transaction holdings
24,006 shares
Directly held American Eagle Outfitters common stock after transactions
Dividend equivalent rights converted
341 units
Each right economically equivalent to one common share
Restricted stock units converted
3,797 units
RSUs converted into common stock on March 30, 2026
Key Terms
Dividend Equivalent Rights, Restricted Stock Unit, tax-withholding disposition, contingent right, +1 more
5 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs)..."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share..."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share..."
vest in three equal annual installments financial
"The restricted stock units vest in three equal annual installments..."
FAQ
What insider transaction did AEO executive James H. Keefer Jr. report?
James H. Keefer Jr. reported routine equity compensation activity, exercising dividend equivalent rights and restricted stock units into 4,138 shares of American Eagle Outfitters common stock. These were not open-market purchases but conversions of previously granted awards tied to his compensation.
What are dividend equivalent rights and RSUs in the AEO filing?
In this AEO filing, dividend equivalent rights accrue on restricted stock units and are economically equal to one share each. Restricted stock units (RSUs) represent contingent rights to receive common shares, vesting in three equal annual installments from the grant date.