Ralph Lauren (NYSE: RL) director gets small RSU dividend-equivalent grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GEORGE MICHAEL A reported acquisition or exercise transactions in this Form 4 filing.
Ralph Lauren Corp director Michael A. George received an automatic grant of 1.49 restricted stock units of Class A Common Stock on July 10, 2026. These RSUs were credited as dividend equivalents on previously granted awards under the 2019 Long-Term Stock Incentive Plan and involved no open-market purchase or sale. After the grant, he directly holds 16,148.02 restricted stock units representing Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GEORGE MICHAEL A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1.49 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 16,148.02 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 1.4900 shares
Price per unit: $0.0000
Holdings after transaction: 16148.0200 shares
3 metrics
RSUs granted
1.4900 shares
Restricted stock units credited on July 10, 2026 as dividend equivalents
Price per unit
$0.0000
Reported transaction price per share for the RSU dividend-equivalent grant
Holdings after transaction
16148.0200 shares
Restricted stock units representing Class A Common Stock held directly after the award
Key Terms
restricted stock units, cash dividend, 2019 Long-Term Stock Incentive Plan
3 terms
restricted stock units financial
"Represents restricted stock units of the Issuer's Class A Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cash dividend financial
"payable as a result of the payment of a cash dividend on the Issuer's Class A Common Stock"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
2019 Long-Term Stock Incentive Plan financial
"previously granted under the Issuer's 2019 Long-Term Stock Incentive Plan"
FAQ
What insider transaction did Ralph Lauren (RL) report for Michael A. George?
Ralph Lauren (RL) reported that director Michael A. George received 1.49 restricted stock units of Class A Common Stock. The award represents dividend equivalents on previously granted RSUs under the 2019 Long-Term Stock Incentive Plan, not an open-market stock purchase or sale.
Was the Ralph Lauren (RL) Form 4 transaction an open-market trade?
No. The Form 4 for Ralph Lauren (RL) shows no open-market purchase or sale. Instead, Michael A. George received 1.49 restricted stock units as a dividend-equivalent credit on existing RSUs, at a reported price per share of $0.0000 under the 2019 Long-Term Stock Incentive Plan.
What is the nature of the 1.49 RSUs reported by Ralph Lauren (RL)?
The 1.49 RSUs reported are dividend-equivalent restricted stock units tied to Ralph Lauren Class A Common Stock. They were credited because the company paid a cash dividend, increasing the RSU balance on awards previously granted under the 2019 Long-Term Stock Incentive Plan.
Which compensation plan governs the RSU award in Ralph Lauren (RL)'s Form 4?
The RSU award is linked to Ralph Lauren’s 2019 Long-Term Stock Incentive Plan. The 1.49 restricted stock units were issued as dividend equivalents on RSUs previously granted under this plan and are payable solely in shares of Class A Common Stock to the reporting person.