Marisa Baldwin's Dividend Equivalent Rights Acquisition at American Eagle Outfitters

This Form 4 filing reports that Marisa Baldwin, Executive Vice President and Chief Human Resources Officer of American Eagle Outfitters Inc., acquired 192 dividend equivalent rights on April 24, 2026. These rights were accrued on previously awarded restricted stock units (RSUs) and vest proportionately with the underlying RSUs. Each dividend equivalent right represents the economic equivalent of one share of AEO common stock. The acquisition occurred at $0.00 per share, as these are dividend equivalents rather than purchased shares. Following this transaction, Baldwin holds 715 dividend equivalent rights. The filing includes a footnote explaining that the rights are tied to RSUs and represent dividend equivalents. This transaction represents standard equity compensation accrual rather than a market purchase.