Ralph Lauren director granted dividend RSUs
Zhang Wei reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Zhang Wei reported acquisition or exercise transactions in this Form 4 filing.
RALPH LAUREN CORP director Zhang Wei received additional equity compensation through restricted stock units. On the reported date, Zhang was granted 1.41 shares of Class A Common Stock in the form of restricted stock units credited as a result of a cash dividend. These units relate to previously granted awards under Ralph Lauren’s 2019 Long-Term Stock Incentive Plan and are payable solely in shares. After this dividend-equivalent grant, Zhang’s directly held Class A Common Stock, including restricted stock units, totals 2,903.53 shares.
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 Zhang Wei report on this Form 4?
Is Zhang Wei’s Form 4 transaction a market purchase of RL stock?
What triggered the 1.41 restricted stock units granted to Zhang Wei at Ralph Lauren (RL)?
Under which plan were Zhang Wei’s new Ralph Lauren restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.