URBN.NASDAQUrban Outfitters INC

Form 4: Urban Outfitters Global CEO Sheila Harrington Reports Stock Transactions

Sentiment:

SEC Form 4

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Sheila Harrington, Global CEO of Urban Outfitters and Free People Groups, reports the vesting and subsequent disposal of shares related to restricted stock units.

Summary

  • On February 26, 2024, Sheila Harrington vested 16,667 common shares from Restricted Stock Units.
  • Following the vesting, 5,202 shares were disposed of at a price of $45.93.
  • After these transactions, Harrington directly owns 192,653 common shares and indirectly owns 511 shares through a Profit Sharing Fund (401(k)).

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation and stock transactions, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect insider trading activity related to compensation.

Key Dates

DateDescription
02/25/2022One-third of the total number of RSUs granted are eligible to vest, contingent on continued employment.
02/25/2023One-third of the total number of RSUs granted are eligible to vest, contingent on continued employment.
02/26/2024Vesting of 16,667 common shares from Restricted Stock Units and disposal of 5,202 shares.
02/25/2024One-third of the total number of RSUs granted are eligible to vest, contingent on continued employment.
02/28/2024Date of signature for the Form 4 filing.

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