Capri Holdings updates RSU grant for HR chief
Capri Holdings Ltd (CPRI) reported that Chief People Officer Jenna Hendricks had multiple equity compensation events in June 2026.
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Form Type
4/A
Rhea-AI Filing Summary
Capri Holdings Ltd (CPRI) reported that Chief People Officer Jenna Hendricks had multiple equity compensation events in June 2026. Several previously granted restricted share units (RSUs) vested and were settled into ordinary shares on June 15, 16 and 17, with corresponding issuances of ordinary shares and company share withholding to satisfy tax obligations. In addition, Hendricks received a new grant of 33,238 RSUs on June 15, 2026 under the company’s omnibus incentive plan, and this amendment corrects the originally reported RSU grant amount.
Insider Trade Summary
57,415 shares exercised/converted
Exercise
13 txns
Insider
Hendricks Jenna
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted share units F2, F7, F8, F9 | 9,766 | $0.00 | $0.00 |
| Exercise | Ordinary shares, no par value F2 | 9,766 | $0.00 | $0.00 |
| Tax Withholding | Ordinary shares, no par value F3 | 5,401 | $19.73 | $107K |
| Exercise | Restricted share units F2, F6, F8, F9 | 25,144 | $0.00 | $0.00 |
| Exercise | Ordinary shares, no par value F2 | 25,144 | $0.00 | $0.00 |
| Tax Withholding | Ordinary shares, no par value F3 | 13,905 | $20.76 | $289K |
| Exercise | Restricted share units F4, F8, F9 | 16,564 | $0.00 | $0.00 |
| Exercise | Restricted share units F2, F5, F8, F9 | 5,941 | $0.00 | $0.00 |
| Grant/Award | Restricted share units F10, F1, F8, F9 | 33,238 | $0.00 | $0.00 |
| Exercise | Ordinary shares, no par value F4 | 16,564 | $0.00 | $0.00 |
| Tax Withholding | Ordinary shares, no par value F3 | 9,160 | $21.06 | $193K |
| Exercise | Ordinary shares, no par value F2 | 5,941 | $0.00 | $0.00 |
| Tax Withholding | Ordinary shares, no par value F3 | 3,286 | $21.06 | $69K |
Holdings After Transaction:
Restricted share units — 108,997 contracts (Direct);
Ordinary shares, no par value — 101,911 shares (Direct)
Footnotes (10)
- F1. The original Form 4, filed on June 17, 2026, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the grant of restricted share units ("RSUs") made on June 15, 2026 as 33,223 RSUs, when in fact 33,238 RSUs were granted.
- F2. Represents settlement of RSUs through the issuance of one ordinary share for each vested RSU.
- F3. Represents shares withheld by the Company to cover tax withholding obligations upon vesting.
- F4. Represents the settlement of a performance-based restricted share unit award granted on June 15, 2023 under the Incentive Plan that was earned based on achievement of the applicable performance conditions over three separate annual measurement periods (fiscal 2024, fiscal 2025 and fiscal 2026) and vested on June 15, 2026, subject to the grantee's continued employment through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible within the meaning of the award agreement. Each earned unit settled into one ordinary share.
- F5. Granted on June 15, 2023 pursuant to the Capri Holdings Limited Omnibus Incentive Plan (as amended and restated, the "Incentive Plan"). The securities underlying the total number of RSUs originally granted vest 25% each year on June 15, 2024, 2025, 2026 and 2027, respectively, subject to the grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible within the meaning of the award agreement.
- F6. Granted on June 16, 2025 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted vest 1/3 each year on June 16, 2026, 2027 and 2028, respectively, subject to the same continued-employment and acceleration provisions described in the June 15, 2023 grant footnote.
- F7. Granted on June 17, 2024 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted vest 25% each year on June 17, 2025, 2026, 2027 and 2028, respectively, subject to the same continued-employment and acceleration provisions described in the June 15, 2023 grant footnote.
- F8. The RSUs do not expire.
- F9. Settlement of this award will be satisfied through the issuance of one ordinary share for each vested unit.
- F10. Granted on June 15, 2026 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted vest 1/3 each year on June 15, 2027, 2028 and 2029, respectively, subject to the grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible within the meaning of the award agreement.
Key Figures
Corrected RSU grant: 33,238 RSUs
Originally misreported RSU grant: 33,223 RSUs
Derivative exercises: 57,415 RSUs
+4 more
7 metrics
Corrected RSU grant
33,238 RSUs
RSUs granted to Jenna Hendricks on June 15, 2026 under the Incentive Plan
Originally misreported RSU grant
33,223 RSUs
Amount incorrectly stated in the original Form 4 for the June 15, 2026 grant
Derivative exercises
57,415 RSUs
Total RSUs exercised or settled (M-code) according to the transaction summary
Shares withheld for taxes
31,752 shares
Total F-code share dispositions to cover tax withholding obligations
Tax withholding price 1
21.0600 per share
Per-share value used for certain F-code tax withholding transactions on June 15, 2026
Tax withholding price 2
20.7600 per share
Per-share value used for F-code tax withholding transaction on June 16, 2026
Tax withholding price 3
19.7300 per share
Per-share value used for F-code tax withholding transaction on June 17, 2026
Key Terms
restricted share units, performance-based restricted share unit award, Omnibus Incentive Plan, tax withholding obligations, +1 more
5 terms
Omnibus Incentive Plan financial
"Granted on June 15, 2023 pursuant to the Capri Holdings Limited Omnibus Incentive Plan"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
tax withholding obligations financial
"Represents shares withheld by the Company to cover tax withholding obligations upon vesting"
continued employment financial
"subject to the grantee's continued employment with the Company through the vesting date"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity transactions did CPRI Chief People Officer Jenna Hendricks report in this Form 4/A?
Jenna Hendricks reported RSU vestings and settlements into ordinary shares on June 15–17, 2026, plus a new grant of 33,238 RSUs. The filing also shows company share withholding transactions used to cover related tax withholding obligations upon vesting.
What RSU vesting activity for CPRI’s Jenna Hendricks occurred in mid-June 2026?
Several RSU awards vested and were settled one-for-one into ordinary shares on June 15, 16 and 17, 2026. These included performance-based and time-based RSUs granted in 2023, 2024 and 2025, each vesting according to their stated multi-year schedules and continued-employment conditions.
What does this Form 4/A amendment change about CPRI’s previously reported RSU grant to Jenna Hendricks?
The amendment corrects an administrative error in the original Form 4, which reported the June 15, 2026 RSU grant as 33,223 units. It clarifies that the correct number of restricted share units granted was 33,238, a 15-unit upward adjustment.
How are the RSUs granted to CPRI executive Jenna Hendricks scheduled to vest?
The RSUs reported here vest in annual tranches over several years. Certain awards vest 25% annually over four years, while others vest one-third each year over three years, subject to continued employment and specific acceleration provisions for death, disability or retirement eligibility.
AI-generated analysis. How Rhea-AI works. Not financial advice.
