Capri Holdings (NYSE: CPRI) CEO purchases 55,000 shares at $17.98
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Capri Holdings Chairman and CEO John D. Idol bought 55,000 ordinary shares in an open-market transaction at a weighted average price of $17.98 per share. The footnotes state that individual trades occurred between $17.80 and $18.07. Following this purchase, he directly owns 2,257,645 ordinary shares.
He also holds several restricted share unit awards that convert into one ordinary share per vested unit under the company’s incentive plan and do not expire. A separate 54,600-share position held by the Idol Family Foundation is excluded from his reported direct holdings because he has no pecuniary interest in those shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 55,000 shares ($988,900)
Net Buy
4 txns
Insider
IDOL JOHN D
Role
Chairman & CEO
Bought
55,000 shs ($989K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary shares, no par value | 55,000 | $17.98 | $989K |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
Holdings After Transaction:
Ordinary shares, no par value — 2,257,645 shares (Direct);
Restricted share units — 274,192 shares (Direct)
Footnotes (1)
- The purchase price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions ranged from $17.80 to $18.07. Upon request of the staff of the SEC, the Company or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold at each separate price. This amount excludes 54,600 ordinary shares, no par value, held by the Idol Family Foundation. The reporting person may be deemed to have beneficial ownership of the shares held by the Idol Family Foundation but does not have a pecuinary interest in such shares. Granted on June 16, 2025 pursuant to the Capri Holdings Limited Amended and Restated Incentive Plan (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. The RSUs do not expire. Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU. 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. 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.
FAQ
What insider transaction did Capri Holdings (CPRI) report for John D. Idol?
Capri Holdings reported that Chairman and CEO John D. Idol bought 55,000 ordinary shares in the open market. The weighted average purchase price was $17.98 per share, with individual trades ranging from $17.80 to $18.07 according to the filing’s footnote.