Ralph Lauren (RL) director Zhang Wei receives dividend-linked RSU grant
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Zhang Wei
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1.41 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 2,903.53 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1.41 shares
Price per share for grant: $0.00 per share
Total shares after transaction: 2,903.53 shares
+1 more
4 metrics
RSUs granted
1.41 shares
Restricted stock units credited from cash dividend
Price per share for grant
$0.00 per share
Non-cash equity award, not market purchase
Total shares after transaction
2,903.53 shares
Class A Common Stock held directly after grant
Transaction date
2026-04-10
Date of RSU grant acquisition
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 payable as a result of the payment of a cash dividend"
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
"restricted stock units previously granted under the Issuer's 2019 Long-Term Stock Incentive Plan"
FAQ
What did Ralph Lauren (RL) director Zhang Wei report on this Form 4?
Zhang Wei reported acquiring 1.41 shares of Ralph Lauren Class A Common Stock in the form of restricted stock units. These units were credited as a dividend-equivalent grant linked to previously awarded restricted stock under the company’s 2019 Long-Term Stock Incentive Plan.
Is Zhang Wei’s Form 4 transaction a market purchase of RL stock?
No, the Form 4 shows a grant of restricted stock units at a price of $0.00 per share, not an open-market purchase. The units were issued as a result of a cash dividend paid on existing restricted stock unit awards.
What triggered the 1.41 restricted stock units granted to Zhang Wei at Ralph Lauren (RL)?
The 1.41 restricted stock units were granted because Ralph Lauren paid a cash dividend on its Class A Common Stock. Under the 2019 Long-Term Stock Incentive Plan, dividend-equivalent restricted stock units are credited on previously granted awards when such cash dividends are paid.
Under which plan were Zhang Wei’s new Ralph Lauren restricted stock units granted?
The restricted stock units were granted under Ralph Lauren’s 2019 Long-Term Stock Incentive Plan. They represent additional units payable solely in shares of Class A Common Stock and arise from dividend-equivalent credits on earlier restricted stock unit grants to Zhang Wei.