URBAN OUTFITTERS (URBN) director granted 2,100 RSUs and holds 29,550 shares
Rhea-AI Filing Summary
URBAN OUTFITTERS INC director Todd R. Morgenfeld reported routine equity compensation activity. He received a grant of 2,100 Director Restricted Stock Units (RSUs), each representing a contingent right to one common share. On a separate date, 2,100 director RSUs were exercised and converted into 2,100 common shares at a stated price of $0.00 per share.
After these transactions, he directly holds 29,550 common shares and 2,100 director RSUs. The footnotes state that certain RSUs vest on the earlier of June 3, 2026 or the date preceding the 2026 annual shareholders’ meeting, and others on the earlier of June 3, 2027 or the date preceding the 2027 annual meeting, in each case conditioned on his continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,100 shares exercised/converted
Mixed
3 txns
Insider
Morgenfeld Todd R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Restricted Stock Units | 2,100 | $0.00 | -- |
| Exercise | Director Restricted Stock Units | 2,100 | $0.00 | -- |
| Exercise | Common Shares | 2,100 | $0.00 | -- |
Holdings After Transaction:
Director Restricted Stock Units — 2,100 shares (Direct);
Common Shares — 29,550 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares. The RSUs vest on the earlier of June 3, 2026 or the date preceding the day of the 2026 annual meeting of the issuer's shareholders, provided that the reporting person is a director of the issuer through such date. The RSUs vest on the earlier of June 3, 2027 or the date preceding the day of the 2027 annual meeting of the issuer's shareholders, provided that the reporting person is a director of the issuer through such date.
Key Figures
RSU grant: 2,100 director RSUs
RSUs exercised: 2,100 RSUs
Exercise price: $0.00 per share
+4 more
7 metrics
RSU grant
2,100 director RSUs
Grant reported as of June 3, 2026
RSUs exercised
2,100 RSUs
Converted into 2,100 common shares on June 2, 2026
Exercise price
$0.00 per share
Stated price for RSU conversion to common shares
Common shares held
29,550 shares
Direct holdings after transactions
Director RSUs held
2,100 RSUs
Director Restricted Stock Units after grant
2026 vesting reference date
June 3, 2026
RSUs vest no later than this date or before 2026 meeting
2027 vesting reference date
June 3, 2027
RSUs vest no later than this date or before 2027 meeting
Key Terms
Restricted Stock Unit ("RSU"), contingent right, annual meeting of the issuer's shareholders, director Restricted Stock Units, +1 more
5 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares."
contingent right financial
"represents a contingent right to receive one of the issuer's common shares."
director Restricted Stock Units financial
"security_title": "Director Restricted Stock Units""
Director restricted stock units are promises by a company to give board members company shares in the future, usually after a set time or when certain conditions are met. They matter to investors because they can dilute existing shareholders when converted to shares and reveal how the board’s pay is tied to the company’s performance—like a delayed paycheck in company stock that aligns a director’s interests with shareholders and can affect share supply when released.
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did URBN director Todd R. Morgenfeld report in this Form 4?
Todd R. Morgenfeld reported equity compensation transactions involving 2,100 Restricted Stock Units and 2,100 common shares. RSUs were granted and previously awarded RSUs were converted into common shares, reflecting routine director compensation rather than open-market buying or selling activity.
What are the vesting conditions for Todd R. Morgenfeld’s URBN Restricted Stock Units?
The footnotes state that certain RSUs vest on the earlier of June 3, 2026 or the day before the 2026 annual shareholders’ meeting, and others on the earlier of June 3, 2027 or the day before the 2027 meeting, assuming he remains a director.
What does each URBN Restricted Stock Unit (RSU) granted to Todd R. Morgenfeld represent?
Each Restricted Stock Unit granted to Todd R. Morgenfeld represents a contingent right to receive one URBN common share. The right becomes actual stock only if vesting conditions are met, including specified dates tied to upcoming annual meetings and continued service on the board.