Fran Horowitz - Jul 10, 2023 Form 4 Insider Report for ABERCROMBIE & FITCH CO /DE/ (ANF)

Signature
Robert J. Tannous, Attorney-in-Fact
Stock symbol
ANF
Transactions as of
Jul 10, 2023
Transactions value $
-$4,250,400
Form type
4
Date filed
7/12/2023, 06:04 PM
Previous filing
Jun 1, 2023
Next filing
Jul 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANF Class A Common Stock Sale -$4.25M -120K -11.39% $35.42 934K Jul 10, 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 Price represents a weighted average of the sale price. Shares were sold at prices ranging from $35.02 to $35.935. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.
F2 The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2023.