American Eagle (NYSE: AEO) grants RSUs and stock options to exec Jennifer Foyle
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Eagle Outfitters reported that Global Brand President-aerie Jennifer M. Foyle received new equity awards. She was granted 63,559 restricted stock units, each representing one future share of common stock, and 239,362 stock options with a conversion price of $16.52 per share.
The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date, aligning compensation with multi-year performance. The stock options also vest one-third per year starting on the first anniversary and expire on March 25, 2033, encouraging longer-term value creation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Foyle Jennifer M.
Role
Global Brand President-aerie
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 63,559 | $0.00 | -- |
| Grant/Award | Stock Option - Right to Buy | 239,362 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 63,559 shares (Direct);
Stock Option - Right to Buy — 239,362 shares (Direct)
Footnotes (1)
- 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. Option vests 1/3 per year beginning on the first anniversary of the date of grant.
FAQ
What insider transactions did AEO executive Jennifer Foyle report on this Form 4?
Jennifer M. Foyle reported receiving equity compensation awards, not open-market trades. She was granted 63,559 restricted stock units and 239,362 stock options in American Eagle Outfitters common stock as part of her role as Global Brand President-aerie.
How many restricted stock units did Jennifer Foyle receive from American Eagle Outfitters (AEO)?
She received 63,559 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of American Eagle Outfitters common stock, subject to the stated vesting conditions over a multi-year period beginning on the first anniversary of the grant.
What stock option grant did Jennifer Foyle receive from AEO and at what price?
She received 239,362 stock options with a conversion or exercise price of $16.52 per share. These options give her the right to buy American Eagle Outfitters common stock at that price if they vest and she chooses to exercise them before expiration.
What is the vesting schedule for Jennifer Foyle’s restricted stock units at AEO?
The restricted stock units vest in three equal annual installments. Vesting begins on the first anniversary of the grant date, meaning one-third of the units convert into common shares each year over a three-year period, assuming continued service and applicable conditions.
How do Jennifer Foyle’s new American Eagle Outfitters stock options vest and when do they expire?
The stock options vest one-third per year starting on the first anniversary of the grant date. They have an expiration date of March 25, 2033, after which any unexercised options will lapse and no longer be exercisable into common stock.
Are Jennifer Foyle’s reported AEO transactions open-market purchases or sales?
They are not open-market purchases or sales. The Form 4 shows grant or award acquisitions of restricted stock units and stock options, coded as “A” transactions, reflecting equity compensation granted by American Eagle Outfitters rather than discretionary market trading.