American Eagle (NYSE: AEO) awards SVP 9,080 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Keefer James H JR reported acquisition or exercise transactions in this Form 4 filing.
American Eagle Outfitters (AEO) reported that James H. Keefer Jr., SVP, Controller & CAO, received a grant of 9,080 restricted stock units of common stock. Each unit represents a contingent right to receive one share of American Eagle common stock.
The restricted stock units vest in three equal annual installments, beginning on the first anniversary of the grant date. This is a compensation-related equity award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Keefer James H JR
Role
SVP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 9,080 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 9,080 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.
FAQ
What insider transaction did American Eagle (AEO) report for James H. Keefer Jr.?
American Eagle reported that SVP, Controller & CAO James H. Keefer Jr. received a grant of 9,080 restricted stock units. These units are a form of equity compensation, each representing a contingent right to receive one share of American Eagle common stock over time.
How many restricted stock units were granted in the latest AEO Form 4 filing?
The filing shows a grant of 9,080 restricted stock units to an American Eagle senior executive. These units provide future shares of common stock, subject to vesting conditions, aligning the executive’s compensation more closely with the company’s long-term share performance.
How do the American Eagle (AEO) restricted stock units for Keefer vest?
The restricted stock units vest in three equal annual installments, starting on the first anniversary of the grant date. This means one-third of the 9,080 units becomes deliverable each year, encouraging longer-term retention and alignment with shareholder interests over multiple years.
Is the AEO insider transaction a stock purchase or a compensation grant?
The transaction is a compensation grant, not an open-market stock purchase or sale. American Eagle awarded 9,080 restricted stock units to its SVP, Controller & CAO as part of equity-based pay, with units converting into shares only as they vest over time.
What does each American Eagle (AEO) restricted stock unit represent in this filing?
Each restricted stock unit represents a contingent right to receive one share of American Eagle common stock. The shares are not issued immediately; they are delivered only when the units vest according to the three-year installment schedule described in the transaction’s footnotes.