Capri Holdings (NYSE: CPRI) director converts 8,426 RSUs, gets 11,055 new RSUs
Rhea-AI Filing Summary
Capri Holdings director Mahesh Madhavan reported equity changes on July 29, 2026. 8,426 restricted share units vested and converted into 8,426 ordinary shares, increasing his direct holdings to 19,204 shares. He also received a new grant of 11,055 RSUs that vest by the earlier of July 29, 2027 or the next annual shareholder meeting, with pro-rata or accelerated vesting on certain termination events.
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Insider Trade Summary
Net Buyer: 8,426 shares
Net Buy
3 txns
Insider
Madhavan Mahesh
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted share units F2, F3 | 8,426 | $0.00 | $0.00 |
| Grant/Award | Restricted share units F4, F2, F3 | 11,055 | $0.00 | $0.00 |
| Exercise | Ordinary shares, no par value F1 | 8,426 | -- | -- |
Holdings After Transaction:
Restricted share units — 11,055 shares (Direct);
Ordinary shares, no par value — 19,204 shares (Direct)
Footnotes (4)
- F1. Restricted share units ("RSUs") converted into ordinary shares of the Company on a one-for-one basis upon vesting.
- F2. The RSUs do not expire.
- F3. Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
- F4. 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 converted: 8426.0000 RSUs
Ordinary shares acquired: 8426.0000 shares
Shares held after transaction: 19204.0000 shares
+2 more
5 metrics
RSUs converted
8426.0000 RSUs
Restricted share units converted into ordinary shares on July 29, 2026
Ordinary shares acquired
8426.0000 shares
Ordinary shares received upon RSU vesting and conversion
Shares held after transaction
19204.0000 shares
Direct ordinary share holdings following the RSU conversion
New RSUs granted
11055.0000 RSUs
RSUs granted under the Fifth Amended and Restated Omnibus Incentive Plan
RSU vesting trigger date
July 29, 2027
One-year anniversary of grant, an RSU vesting trigger
Key Terms
Restricted share units, Omnibus Incentive Plan, pro-rata, vesting
4 terms
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.
vesting financial
"RSUs vest on the earliest of the one year anniversary or the Company’s annual shareholder meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity transactions did Capri Holdings (CPRI) director Mahesh Madhavan report?
Mahesh Madhavan reported 8,426 RSUs vesting and converting into 8,426 ordinary shares and received a new grant of 11,055 RSUs. These RSUs are settled in one ordinary share for each vested unit.
What are the vesting terms of the 11,055 RSUs granted at Capri Holdings (CPRI)?
The 11,055 RSUs vest on the earliest of the one-year anniversary of grant (July 29, 2027) or the next annual shareholder meeting. They vest pro-rata on earlier service termination and fully upon the reporting person’s death or disability.
Do the RSUs granted to Mahesh Madhavan at Capri Holdings (CPRI) expire?
The filing states that the RSUs do not expire. They vest based on time- and event-based conditions, including service duration, the next annual shareholder meeting, and full vesting on death or disability, rather than expiring on a fixed date.