Form 4: Abercrombie & Fitch EVP, COO and CFO Scott D. Lipesky Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Scott D. Lipesky, EVP, COO and CFO of Abercrombie & Fitch, reports the acquisition of 47,200 shares and the disposal of 20,792 shares of Class A Common Stock on April 1, 2024.
Summary
- On April 1, 2024, Scott D. Lipesky, the EVP, COO, and CFO of Abercrombie & Fitch Co., reported changes in beneficial ownership of the company's Class A Common Stock.
- Lipesky acquired 47,200 shares of Class A Common Stock at a price of $0.00 per share.
- He also disposed of 20,792 shares of Class A Common Stock at a price of $131.84 per share.
- Following these transactions, Lipesky directly owns 124,455 shares of Abercrombie & Fitch's Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing reflecting insider trading activity. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about stock transactions.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is common for executives to receive stock as part of their compensation and to periodically sell shares for personal financial management.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a key executive.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of the stock transactions (acquisition and disposal). |
| 04/02/2024 | Date of signature by Attorney-in-Fact. |
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