Form 4: American Eagle Outfitters EVP and CFO Michael Mathias Reports Stock Transactions
SEC Form 4 Filing
Michael Mathias, EVP and CFO of American Eagle Outfitters, reports the acquisition and disposal of company stock and derivative securities.
Summary
- On April 9, 2024, Michael Mathias, the EVP and CFO of American Eagle Outfitters, reported transactions involving the company's stock.
- Mathias acquired 2,822 shares of common stock through the vesting of dividend equivalent rights.
- He also disposed of 1,242 shares to cover tax obligations at a price of $24.4 per share.
- Following these transactions, Mathias directly owns 89,977 shares of American Eagle Outfitters common stock.
- Additionally, he indirectly owns 1,100 shares through a spouse's IRA.
- Mathias also reported the vesting of 195 dividend equivalent rights and 2,627 restricted stock units.
- The restricted stock units vest in three equal annual installments beginning on the first anniversary of the date of grant.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard disclosure of stock transactions by an executive. There is no indication of positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the retail industry.
Key Dates
| Date | Description |
|---|---|
| 04/09/2024 | Date of stock transactions (acquisition and disposal). |
| 04/10/2024 | Date of signature by Robert J. Tannous, Attorney-in-Fact. |
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