Form 4: American Eagle Outfitters SVP, Controller & CAO, James H Keefer JR, Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


James H Keefer JR, SVP, Controller & CAO of American Eagle Outfitters, reports the acquisition and disposal of company stock and derivative securities on March 28, 2024.

Summary

  • On March 28, 2024, James H Keefer JR, SVP, Controller & CAO of American Eagle Outfitters, engaged in transactions involving the company's stock.
  • These transactions included the acquisition of 6,922 shares of common stock at $0.00, the disposal of 1,973 shares at $25.79, and the disposal of 7,000 shares at $25.821.
  • Following these transactions, Keefer directly owns 17,266 shares of American Eagle Outfitters common stock.
  • Additionally, Keefer engaged in transactions involving derivative securities, including Dividend Equivalent Rights and Restricted Stock Units.
  • These transactions resulted in Keefer owning 407 Dividend Equivalent Rights, 2,901 Restricted Stock Units vesting on 03/30/2025, and 7,594 Restricted Stock Units vesting on 03/30/2026.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. The sentiment is neither positive nor negative as it simply reports required information.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a company insider.
  • The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates

DateDescription
03/28/2024Date of earliest transaction: Acquisition and disposal of common stock and derivative securities.
03/30/2025Vesting date for 2,900 Restricted Stock Units.
03/30/2026Vesting date for 3,796 Restricted Stock Units.
04/01/2024Date of signature by Robert J. Tannous, Attorney-in-Fact.

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