Form 4: Urban Outfitters Director Amin N. Maredia Reports Acquisition and Disposal of Restricted Stock Units
SEC Form 4 Filing
Director Amin N. Maredia reports transactions involving Urban Outfitters Inc. restricted stock units, including acquisition and disposal, as per SEC Form 4 filing.
Summary
- On June 4, 2024, Director Amin N. Maredia disposed of 4,750 common shares.
- Following the transaction, Maredia beneficially owns 15,450 common shares.
- On June 4, 2024, Maredia disposed of 4,750 Director Restricted Stock Units.
- On June 5, 2024, Maredia acquired 3,700 Director Restricted Stock Units.
- The RSUs disposed of on June 4, 2024 were eligible to vest on the earlier of June 6, 2024 or the date preceding the day of the 2024 annual meeting of the issuer's shareholders, provided that the reporting person is a director of the issuer through such date.
- The RSUs acquired on June 5, 2024 vest on the earlier of June 5, 2025 or the date preceding the day of the 2025 annual meeting of the issuer's shareholders, provided that the reporting person is a director of the issuer through such date.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a broader industry trend.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 06/04/2024 | Disposal of 4,750 common shares and 4,750 Director Restricted Stock Units. |
| 06/05/2024 | Acquisition of 3,700 Director Restricted Stock Units. |
| 06/06/2024 | Date the RSUs disposed of on June 4, 2024 were eligible to vest. |
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