Scott D. Lipesky - Jul 11, 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 11, 2023
Transactions value $
-$270,000
Form type
4
Date filed
7/13/2023, 05:47 PM
Previous filing
Mar 29, 2023
Next filing
Jul 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANF Class A Common Stock Sale -$270K -7.5K -5.1% $36.00 139K Jul 11, 2023 Direct F1
* 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 The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2023.