Form 4: American Eagle Outfitters EVP and CFO Michael Mathias Reports Dividend Equivalent Rights Acquisition
SEC Form 4 Filing
Michael Mathias, EVP and CFO of American Eagle Outfitters, reports the acquisition of dividend equivalent rights related to previously awarded restricted stock units.
Summary
- Michael A. Mathias, EVP and CFO of American Eagle Outfitters, filed a Form 4 on April 30, 2024, reporting a transaction on April 26, 2024.
- The transaction involves the acquisition of 194 dividend equivalent rights related to previously awarded restricted stock units (RSUs).
- These rights vest proportionately with the RSUs to which they relate, and each right is economically equivalent to one share of American Eagle Outfitters common stock.
- Following the transaction, Mathias directly owns 885 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive compensation, and does not contain information that would significantly impact sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates compensation in the form of dividend equivalent rights.
Key Dates
| Date | Description |
|---|---|
| 04/26/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 04/30/2024 | Date of Form 4 filing |
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