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Birkenstock (BIRK) director settles RSUs and withholds shares to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Birkenstock Holding plc director Ruth Anne Francis Kennedy reported routine equity compensation activity involving Restricted Stock Units (RSUs). On April 29, 2026, 1,623 RSUs were exercised into the same number of Ordinary Shares at a stated price of $0.00 per share.

On the same date, 744 Ordinary Shares were withheld at $37.50 per share to cover tax withholding obligations tied to the RSU vesting, as described in the footnotes. These withheld shares were a tax-withholding disposition, not an open‑market sale.

After these transactions, Kennedy directly held 6,484 Ordinary Shares. The filing shows compensation-related RSU settlement with associated tax withholding, rather than discretionary buying or selling of shares on the market.

Positive

  • None.

Negative

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Insider Kennedy Ruth Anne Francis
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 1,623 $0.00 --
Exercise Ordinary Shares 1,623 $0.00 --
Tax Withholding Ordinary Shares 744 $37.50 $28K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Ordinary Shares — 7,228 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one Ordinary Share upon settlement. Represents shares withheld to pay tax withholding obligations due on the date of vesting of RSUs.
RSUs exercised 1,623 units Restricted Stock Units converted to Ordinary Shares on April 29, 2026
Shares withheld for taxes 744 shares Ordinary Shares withheld at $37.50 to cover tax obligations
Tax withholding price $37.50 per share Value used for shares withheld to pay tax on RSU vesting
Shares held after transaction 6,484 shares Director’s direct Ordinary Share holdings following Form 4 transactions
Exercise price of RSUs $0.00 per unit Stated exercise/conversion price for 1,623 RSUs into Ordinary Shares
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one Ordinary Share upon settlement."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents shares withheld to pay tax withholding obligations due on the date of vesting of RSUs."
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Ordinary Shares financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one Ordinary Share upon settlement."
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Kennedy Ruth Anne Francis

(Last)(First)(Middle)
1-2 BERKELEY SQUARE

(Street)
LONDONUNITED KINGDOMW1J 6EA

(City)(State)(Zip)

UNITED KINGDOM

(Country)
2. Issuer Name and Ticker or Trading Symbol
Birkenstock Holding plc [ BIRK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares04/29/2026M1,623(1)A$07,228D
Ordinary Shares04/29/2026F744(2)D$37.56,484D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/29/2026M1,623 (1) (1)Ordinary Shares1,623$00D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one Ordinary Share upon settlement.
2. Represents shares withheld to pay tax withholding obligations due on the date of vesting of RSUs.
/s/ Johannes Liefke as attorney-in-fact for Ruth Kennedy04/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Birkenstock (BIRK) director Ruth Anne Francis Kennedy report?

She reported routine RSU settlement and tax withholding. 1,623 Restricted Stock Units converted into the same number of Ordinary Shares, and 744 shares were withheld to satisfy tax obligations related to the vesting event.

Did the Birkenstock (BIRK) director sell shares on the open market in this Form 4?

No, the filing does not show an open-market sale. The 744 Ordinary Shares reported as a disposition were withheld to pay tax withholding obligations arising from RSU vesting, rather than being sold to third-party investors.

How many Birkenstock (BIRK) shares did the director receive from RSU vesting?

The director exercised 1,623 Restricted Stock Units, receiving 1,623 Ordinary Shares at a stated price of $0.00 per share. Each RSU represented a contingent right to receive one Ordinary Share upon settlement, according to the footnotes.

How many Birkenstock (BIRK) shares were used for tax withholding in this transaction?

The filing shows 744 Ordinary Shares were withheld at $37.50 per share. These shares covered tax withholding obligations due on the RSU vesting date, as specifically described in the accompanying footnote to the Form 4.

What is the Birkenstock (BIRK) director’s shareholding after the reported Form 4 transactions?

Following the RSU exercise and related tax withholding, the director directly holds 6,484 Ordinary Shares. This figure reflects her position after receiving 1,623 shares from RSU settlement and the withholding of 744 shares for tax obligations.

How does the Form 4 describe the Birkenstock (BIRK) RSU instruments involved?

Each Restricted Stock Unit is described as representing a contingent right to receive one Ordinary Share upon settlement. When the RSUs vested on the reported date, they converted into an equal number of Birkenstock Ordinary Shares for the director.