Ralph Lauren director granted dividend RSUs
RALPH LAUREN CORP director Linda Findley acquired 1.41 shares-equivalent of Class A Common Stock through a grant recorded as restricted stock units.
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Rhea-AI Filing Summary
RALPH LAUREN CORP director Linda Findley acquired 1.41 shares-equivalent of Class A Common Stock through a grant recorded as restricted stock units. These units were issued at no cash cost to her, as a result of a cash dividend paid on the company’s Class A Common Stock.
The new restricted stock units relate to awards previously granted under Ralph Lauren’s 2019 Long-Term Stock Incentive Plan and will be settled solely in shares. After this small, dividend-linked award, Findley’s direct holdings total 10,561.53 shares of Class A Common Stock.
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
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