Lipesky Scott D. 4

What Happened

• Scott D. Lipesky, Executive Vice President and Chief Operating Officer of Abercrombie & Fitch (ANF), had 5,718 restricted stock units (RSUs convert/derivative conversion) settle on 2026-03-11.
• The filing shows 5,718 RSUs converted into 5,718 shares (transaction code M). To cover tax withholding (transaction code F), 2,476 of those shares were surrendered at $87.28 per share for a withholding value of $216,105.
• Net shares issued to Lipesky after withholding: 3,242 shares. The gross value of the 5,718 shares at $87.28 was about $499,067; net retained shares were worth roughly $282,962 at that price.

Key Details

• Transaction date: 2026-03-11; filing date: 2026-03-13 (timely filing).
• Actions reported: conversion/exercise of derivative/RSUs (M) and tax-withholding share surrender (F).
• Shares withheld for taxes: 2,476 @ $87.28 = $216,105.
• Net shares delivered: 3,242.
• Footnotes: F1 — each restricted stock unit equals one share; F2 — RSUs vest one‑third per year beginning on the first anniversary of grant (this was a vesting tranche).
• This was not an open‑market sale of shares by the insider; the disposals represent routine tax withholding.

Context

• This is a typical RSU vesting event: RSUs convert into shares and a portion is withheld/surrendered to satisfy tax obligations (a common cashless withholding method). Such routine withholdings are administrative and do not necessarily indicate buying or selling sentiment by the insider.