Capri Holdings (CPRI) interim CFO exercises RSUs with tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Capri Holdings’ interim CFO Rajal Mehta reported compensation-related equity activity on January 2, 2026. Mehta exercised 3,235 restricted share units, receiving the same number of ordinary shares at an exercise price of 0.0000 per share. A separate entry shows 1,363 ordinary shares were withheld at 24.3900 per share to cover tax obligations upon vesting, rather than being sold in the market.
Following these transactions, Mehta held 2,613 ordinary shares directly. The filing also shows remaining unvested restricted share units that can settle into 28,736, 2,716 and 4,687 underlying ordinary shares, subject to time-based vesting schedules under the company’s omnibus incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,235 shares exercised/converted
Mixed
6 txns
Insider
Mehta Rajal
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted share units | 3,235 | $0.00 | -- |
| Exercise | Ordinary shares, no par value | 3,235 | $0.00 | -- |
| Tax Withholding | Ordinary shares, no par value | 1,363 | $24.39 | $33K |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
Holdings After Transaction:
Restricted share units — 6,469 shares (Direct);
Ordinary shares, no par value — 3,976 shares (Direct)
Footnotes (1)
- Represents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU. Represents shares withheld by the Company to cover tax withholding obligations upon vesting. Granted on January 2, 2025 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 1/3 each year on January 2, 2026, 2027 and 2028, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible under the Incentive Plan. The RSUs do not expire. 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 grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible under the Incentive Plan. Granted on June 15, 2023 pursuant to 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 grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible under the Incentive Plan. 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 grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
FAQ
What equity transactions did Capri Holdings (CPRI) interim CFO Rajal Mehta report?
Rajal Mehta exercised 3,235 restricted share units into ordinary shares at an exercise price of 0.0000 per share. A separate entry shows 1,363 ordinary shares withheld by the company to cover tax obligations upon vesting, rather than an open-market sale.