Urban Outfitters (URBN) CEO gains 13,120 shares after RSU and PSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Urban Outfitters Inc.’s Global CEO of UO & FP Groups, Sheila B. Harrington, reported equity-compensation related transactions. On March 11, 2026, she exercised performance-based and time-based restricted stock units to acquire a total of 13,120 common shares at an exercise price of $0.00 per share.
To cover tax obligations, 6,064 common shares were withheld at $64.93 per share, a non-market “F” code disposition rather than an open-market sale. Following these transactions, she directly holds 292,078 common shares and indirectly holds 575 common shares through the Profit Sharing Fund (401(k)) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,120 shares exercised/converted
Mixed
7 txns
Insider
HARRINGTON SHEILA B.
Role
Global CEO, UO & FP Groups
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Based Restricted Stock Unit | 6,560 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 6,560 | $0.00 | -- |
| Exercise | Common Shares | 6,560 | $0.00 | -- |
| Tax Withholding | Common Shares | 3,032 | $64.93 | $197K |
| Exercise | Common Shares | 6,560 | $0.00 | -- |
| Tax Withholding | Common Shares | 3,032 | $64.93 | $197K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Performance Based Restricted Stock Unit — 13,120 shares (Direct);
Restricted Stock Unit — 13,120 shares (Direct);
Common Shares — 291,582 shares (Direct);
Common Shares — 575 shares (Indirect, By Profit Sharing Fund (401(k)) Plan)
Footnotes (1)
- Each Performance Based Restricted Stock Unit ("PSU") represents a contingent right to receive one of the issuer's common shares. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one of the issuer's common shares. One-third of the total number of PSUs granted are eligible to vest on each of March 11, 2026, March 10, 2027 and March 8, 2028, contingent on the continued employment of the reporting person through such date and the satisfaction of certain performance measures relating to the issuer's average operating profit margin for the fiscal years 2026, 2027 and 2028. One-third of the total number of RSUs granted are eligible to vest on each of March 11, 2026, March 10, 2027 and March 8, 2028, contingent on the continued employment of the reporting person through such date.
FAQ
What insider activity did URBN’s Sheila Harrington report on March 11, 2026?
Sheila Harrington reported the vesting and exercise of equity awards into common shares. She converted performance-based and time-based restricted stock units into 13,120 Urban Outfitters common shares, reflecting routine equity compensation rather than an open-market stock purchase.
How are the performance-based restricted stock units (PSUs) structured for URBN’s CEO?
Each PSU represents a contingent right to one common share. One-third of the PSUs may vest on March 11, 2026, March 10, 2027, and March 8, 2028, if she remains employed and Urban Outfitters meets specified average operating profit margin performance targets for fiscal years 2026–2028.
How are the time-based restricted stock units (RSUs) for URBN’s CEO scheduled to vest?
Each RSU also represents a contingent right to one Urban Outfitters common share. One-third of the RSUs are eligible to vest on March 11, 2026, March 10, 2027, and March 8, 2028, provided Sheila Harrington remains continuously employed through each applicable vesting date.