Director equity awards at Capri Holdings (NYSE: CPRI) show RSU vesting and grant
Rhea-AI Filing Summary
Capri Holdings director Judy Gibbons reported equity award activity. Previously granted restricted share units for 8,426 ordinary shares vested and converted one-for-one into ordinary shares, with 3,961 shares withheld at $15.83 to cover taxes. She also received a new grant of 11,055 restricted share units that do not expire and vest on the earlier of July 29, 2027 or the next annual shareholder meeting, with pro-rata vesting on earlier service termination and full vesting upon death or disability.
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Insider Trade Summary
Net Buyer: 4,465 shares
Net Buy
4 txns
Insider
Gibbons Judy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted share units F3, F4 | 8,426 | $0.00 | $0.00 |
| Grant/Award | Restricted share units F5, F3, F4 | 11,055 | $0.00 | $0.00 |
| Exercise | Ordinary shares, no par value F1 | 8,426 | -- | -- |
| Tax Withholding | Ordinary shares, no par value F2 | 3,961 | $15.83 | $63K |
Holdings After Transaction:
Restricted share units — 11,055 shares (Direct);
Ordinary shares, no par value — 35,842 shares (Direct)
Footnotes (5)
- F1. Restricted share units ("RSUs") converted into ordinary shares of the Company on a one-for-one basis upon vesting.
- F2. Represents shares withheld by the Company to cover tax withholding obligations upon vesting.
- F3. The RSUs do not expire.
- F4. Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
- F5. Granted pursuant to the Capri Holdings Limited Fifth Amended and Restated Omnibus Incentive Plan. The RSUs vest on the earliest of: (1) the one year anniversary of the date of grant (July 29, 2027), or (2) the Company's annual shareholder meeting that occurs in the calendar year following the date of grant, and will be settled upon vesting unless the reporting person elects to defer settlement to a later date. If the reporting person's service with the Company terminates prior to the first anniversary of the date of grant, the RSUs will vest pro-rata based on the number of days from the date of grant through and including the date of the reporting person's termination of service. The RSUs will also vest in full in the event of the reporting person's death or disability.
Key Figures
RSUs vested and converted: 8,426 shares
Shares withheld for taxes: 3,961 shares
Tax withholding price: $15.83 per share
+2 more
5 metrics
RSUs vested and converted
8,426 shares
Restricted share units converted into ordinary shares on July 29, 2026
Shares withheld for taxes
3,961 shares
Shares withheld by the company to cover tax withholding obligations upon vesting
Tax withholding price
$15.83 per share
Per-share value used for shares withheld to satisfy tax liabilities
New RSUs granted
11,055 units
New restricted share unit award granted to director on July 29, 2026
RSU vesting date
July 29, 2027
One-year anniversary vesting date for new RSU grant, subject to earlier annual meeting
Key Terms
Restricted share units, tax withholding obligations, Omnibus Incentive Plan, pro-rata
4 terms
tax withholding obligations financial
"Represents shares withheld by the Company to cover tax withholding obligations"
Omnibus Incentive Plan financial
"Granted pursuant to the Capri Holdings Limited Fifth Amended and Restated 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.
pro-rata financial
"the RSUs will vest pro-rata based on the number of days from the date of grant"
Pro-rata means an amount is allocated to each party in proportion to their existing share or stake — each person receives the same percentage of the total as they already hold. For investors this matters because pro-rata rules determine how much additional stock, dividends, or voting power someone gets during new issuances or distributions, helping protect an investor’s relative ownership; think of it as slicing a cake so everyone keeps the same-sized slice relative to others.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity transactions did Capri Holdings (CPRI) director Judy Gibbons report?
Judy Gibbons reported 8,426 restricted share units vesting and converting into ordinary shares, with 3,961 shares withheld for taxes at $15.83, plus a new grant of 11,055 restricted share units under Capri Holdings’ omnibus incentive plan.
What are the vesting terms of the new RSU grant for Capri Holdings (CPRI) director Judy Gibbons?
The new award of 11,055 RSUs vests on the earliest of July 29, 2027 or the next annual shareholder meeting. Vesting is pro-rata if service ends earlier, and the RSUs vest in full upon the director’s death or disability, then settle in ordinary shares.
How are the Capri Holdings (CPRI) RSUs settled for Judy Gibbons?
Each restricted share unit is settled in one ordinary share of Capri Holdings upon vesting. Settlement occurs at vesting unless Judy Gibbons elects to defer, and the units themselves do not expire according to the terms described in the award footnotes.
Under which plan were Judy Gibbons’ new Capri Holdings (CPRI) RSUs granted?
The 11,055 new restricted share units were granted under the Capri Holdings Limited Fifth Amended and Restated Omnibus Incentive Plan, which governs the vesting, settlement, and potential deferral features for this director equity award.