Form 4: Urban Outfitters Director Harry S. Cherken Jr. Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Harry S. Cherken Jr. reports a transaction involving Urban Outfitters Inc. shares, including a distribution from a trust.
Summary
- On March 7, 2024, Harry S. Cherken Jr., a director of Urban Outfitters Inc., reported changes in his beneficial ownership of the company's common shares.
- The transactions involved the distribution of 13,465 shares from a trust where Mr. Cherken is the sole trustee, to Mr. Cherken individually.
- Mr. Cherken also acquired 13,050 common shares.
- Following these transactions, Mr. Cherken directly owns 545,546 common shares and indirectly owns 4,400 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.
Stakeholder Impact
- The change in ownership may be of interest to shareholders, as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of the reported transactions involving common shares. |
| 03/20/2024 | Date of signature for the report. |
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