Form 4: Urban Outfitters Executive Sheila Harrington Reports Stock Transactions
SEC Form 4
Sheila Harrington, Global CEO of UO & FP Groups at Urban Outfitters, reports the vesting and subsequent disposal of restricted stock units and performance-based restricted stock units on April 14, 2025.
Summary
- On April 14, 2025, Sheila Harrington, Global CEO of UO & FP Groups at Urban Outfitters, exercised 12,500 Performance Based Restricted Stock Units and 12,500 Restricted Stock Units.
- Following the exercise, 5,780 shares from each type of unit were disposed of at a price of $48.17.
- After these transactions, Harrington directly owns 259,218 common shares and indirectly owns 563 shares through a Profit Sharing Fund (401(k)) Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transactions appear to be part of a pre-planned compensation strategy. Therefore, the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small portion of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/12/2023 | One-third of PSUs and RSUs granted are eligible to vest, contingent on continued employment and performance measures. |
| 04/12/2024 | One-third of PSUs and RSUs granted are eligible to vest, contingent on continued employment and performance measures. |
| 04/14/2025 | Sheila Harrington exercised 12,500 Performance Based Restricted Stock Units and 12,500 Restricted Stock Units and disposed of 5,780 shares from each type of unit at $48.17 per share. |
| 04/12/2025 | One-third of PSUs and RSUs granted are eligible to vest, contingent on continued employment and performance measures. |
| 04/16/2025 | Date of signature for the Form 4 filing. |
Keywords
URBN, Urban Outfitters, Sheila Harrington, Form 4, Stock Options, Restricted Stock Units, Performance Based Restricted Stock Units, Insider Trading
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