American Eagle (NYSE: AEO) awards 915 dividend rights to brand president
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Foyle Jennifer M. reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN EAGLE OUTFITTERS INC reported that Global Brand President-aerie Jennifer M. Foyle received a grant of 915 dividend equivalent rights tied to previously awarded restricted stock units. Each right is the economic equivalent of one share of common stock and will vest proportionately with the related RSUs, bringing her total reported dividend equivalent rights to 3,666.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Foyle Jennifer M.
Role
Global Brand President-aerie
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 915 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 3,666 shares (Direct, null)
Footnotes (1)
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Key Figures
Dividend equivalent rights granted: 915 rights
Total dividend equivalent rights after grant: 3,666 rights
Underlying common stock equivalence: 1 share per right
+1 more
4 metrics
Dividend equivalent rights granted
915 rights
Grant to Jennifer M. Foyle on April 24, 2026
Total dividend equivalent rights after grant
3,666 rights
Holdings following reported transaction
Underlying common stock equivalence
1 share per right
Each dividend equivalent right equals one AEO common share economically
Transaction price per right
$0.00
Compensation grant, not a market purchase
Key Terms
Dividend Equivalent Rights, restricted stock units (RSUs), economic equivalent of one share
3 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 units (RSUs) financial
"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs)..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
FAQ
What insider transaction did AEO executive Jennifer M. Foyle report on this Form 4?
Jennifer M. Foyle reported receiving 915 dividend equivalent rights as a grant related to previously awarded restricted stock units. These rights are part of her equity-based compensation and increase her total reported dividend equivalent rights position to 3,666, all tied to American Eagle Outfitters common stock performance.
What are dividend equivalent rights in the context of AEO (AEO) insider compensation?
Dividend equivalent rights give the holder cash or additional value equal to dividends on the underlying shares. For AEO, each right is the economic equivalent of one share of common stock and is linked to restricted stock units, vesting in step with those original RSU awards over time.
Does this AEO Form 4 show an open-market buy or sell by Jennifer M. Foyle?
No, the Form 4 for AEO shows a grant classified as an acquisition of derivative securities, not an open-market trade. The transaction reflects compensation in the form of dividend equivalent rights connected to existing restricted stock units, rather than a purchase or sale of common shares.
How do the AEO dividend equivalent rights reported by Jennifer M. Foyle vest over time?
The dividend equivalent rights reported for AEO vest proportionately with the restricted stock units to which they relate. As each RSU tranche vests, the corresponding portion of associated dividend equivalent rights also vests, mirroring the timing and structure of the original RSU award schedule.