Michael R. Rempell - 10 Apr 2023 Form 4 Insider Report for AMERICAN EAGLE OUTFITTERS INC (AEO)

Signature
Robert J. Tannous, Attorney-in-Fact
Issuer symbol
AEO
Transactions as of
10 Apr 2023
Net transactions value
-$40,233
Form type
4
Filing time
13 Apr 2023, 06:09:30 UTC
Previous filing
10 Apr 2023
Next filing
25 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEO Common Stock, without par value Sale $40,233 -2,967 -1.7% $13.56 172,003 10 Apr 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sales were made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Rempell on December 9, 2022.
F2 Total includes shares acquired pursuant to the American Eagle Outfitters, Inc. Employee Stock Purchase Plan.