Ball Robert J. 4

What Happened

• Robert J. Ball, EVP & CFO of Abercrombie & Fitch (ANF), had 1,588 restricted stock units (RSUs) convert to common shares on 2026-03-11 (reported on Form 4). The derivative conversion shows an exercise/conversion at $0.00 per share. To cover tax withholding, 462 of the shares were surrendered/withheld at an indicated price of $87.28 each, totaling $40,323. Net shares delivered to Ball were 1,126 (1,588 converted − 462 withheld). This was a vesting/settlement event rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-11; Form 4 filed 2026-03-13 (timely within the usual two-business-day window).
• Converted (M): 1,588 RSUs → 1,588 shares @ $0.00 (derivative conversion).
• Tax withholding (F): 462 shares withheld/disposed @ $87.28 = $40,323.
• Net shares issued to insider: 1,126 shares.
• Shares owned after the transactions: not provided in the excerpt.
• Footnotes: F1 — each RSU = right to one share; F2 — RSUs vest one-third per year beginning on the first anniversary of the grant.
• This was a net share settlement to satisfy tax obligations (not an open-market sale).

Context

• These transactions reflect routine RSU vesting and share withholding for taxes. Withholding of shares to cover tax is common and does not indicate an open-market sale or a purchase signal by the insider.