Form 4: Urban Outfitters Director Exercises Stock Options and Reports Beneficial Ownership
SEC Form 4 Filing
Harry S. Cherken, Jr., a director at Urban Outfitters Inc., exercised stock options to acquire 20,000 common shares at $18.81 per share on May 17, 2024.
Summary
- On May 17, 2024, Harry S. Cherken, Jr., a director of Urban Outfitters Inc., exercised stock options.
- This transaction involved the acquisition of 20,000 common shares at a price of $18.81 per share.
- Following the transaction, Cherken directly owns 565,546 common shares and indirectly owns 4,400 shares through a trust.
- The stock options exercised were granted on May 23, 2018, and expired on May 22, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Key Dates
| Date | Description |
|---|---|
| 05/23/2018 | Date the director stock options were granted. |
| 05/22/2024 | Expiration date of the director stock options. |
| 05/17/2024 | Date of the transaction where stock options were exercised. |
| 05/21/2024 | Date of signature for the Form 4 filing. |
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