Ralph Lauren director receives stock unit award
Cupp Debra S. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Cupp Debra S. reported acquisition or exercise transactions in this Form 4 filing.
Ralph Lauren Corp director Debra S. Cupp received 1.41 restricted stock units of Class A Common Stock as a grant tied to a cash dividend. The units are payable solely in shares and arise from dividend equivalents on previously granted restricted stock units under the 2019 Long-Term Stock Incentive Plan.
Following this award, Cupp directly holds a total of 4,572.53 shares of Class A Common Stock. This filing reflects routine equity-based director compensation rather than an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1.41 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units of the Issuer's Class A Common Stock payable as a result of the payment of a cash dividend on the Issuer's Class A Common Stock. The restricted stock units are payable solely in shares of the Issuer's Class A Common Stock issued to the Reporting Person in respect of restricted stock units previously granted under the Issuer's 2019 Long-Term Stock Incentive Plan.
Key Figures
Key Terms
restricted stock units financial
cash dividend financial
2019 Long-Term Stock Incentive Plan financial
FAQ
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What did Ralph Lauren (RL) director Debra S. Cupp report in this Form 4?
Is Debra S. Cupp’s Form 4 transaction a market purchase of Ralph Lauren (RL) stock?
What plan governs the restricted stock units reported in Ralph Lauren (RL) director Debra S. Cupp’s Form 4?
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