Ralph Lauren (NYSE: RL) CFO gets RSUs, covers costs with shares
Rhea-AI Filing Summary
RALPH LAUREN CORP (RL) reported insider equity activity by its Chief Financial Officer, Justin M. Picicci. He received a grant of 1,938 shares of Class A Common Stock in the form of restricted stock units under the 2019 Long-Term Stock Incentive Plan, vesting in three equal annual installments beginning August 15, 2027. On the same date, a total of 2,245 shares of Class A Common Stock were delivered or withheld at $387.225 per share to cover payment of exercise price or tax liability.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 307 shares
Net Sell
4 txns
Insider
Picicci Justin M.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 1,938 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 1,192 | $387.225 | $462K |
| Exercise Price or Tax Liability | Class A Common Stock | 671 | $387.225 | $260K |
| Exercise Price or Tax Liability | Class A Common Stock | 382 | $387.225 | $148K |
Holdings After Transaction:
Class A Common Stock — 11,261 shares (Direct)
Footnotes (1)
- F1. Represents shares of the Issuer's Class A Common Stock issued to the Reporting Person as restricted stock units granted under the Issuer's 2019 Long-Term Stock Incentive Plan. These restricted stock units will vest in three equal annual installments beginning August 15, 2027.
Key Figures
RSU grant: 1,938 shares
RSU vesting start date: August 15, 2027
Shares for exercise price or tax liability (total): 2,245 shares
+4 more
7 metrics
RSU grant
1,938 shares
Restricted stock units of Class A Common Stock granted to CFO on August 15, 2026
RSU vesting start date
August 15, 2027
First of three equal annual vesting installments for 1,938 RSUs
Shares for exercise price or tax liability (total)
2,245 shares
Class A Common Stock delivered or withheld in three code F transactions on August 15, 2026
Code F transaction price
$387.225 per share
Price applied to 2,245 shares used for exercise price or tax liability
Code F leg 1
1,192 shares
First code F disposition of Class A Common Stock on August 15, 2026
Code F leg 2
671 shares
Second code F disposition of Class A Common Stock on August 15, 2026
Code F leg 3
382 shares
Third code F disposition of Class A Common Stock on August 15, 2026
Key Terms
restricted stock units, Long-Term Stock Incentive Plan, exercise price or tax liability, Class A Common Stock
4 terms
restricted stock units financial
"issued to the Reporting Person as restricted stock units granted under"
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.
Long-Term Stock Incentive Plan financial
"granted under the Issuer's 2019 Long-Term Stock Incentive Plan"
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding"
Class A Common Stock financial
"Represents shares of the Issuer's Class A Common Stock issued"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transactions did RL’s CFO report on August 15, 2026?
Ralph Lauren’s CFO reported a grant of 1,938 restricted stock units and dispositions totaling 2,245 shares of Class A Common Stock delivered or withheld to cover exercise price or tax liability at $387.225 per share.
When do the newly granted RL restricted stock units to the CFO vest?
The 1,938 restricted stock units granted to the CFO will vest in three equal annual installments, beginning on August 15, 2027. Two additional installments will follow annually, assuming standard continued-service conditions.
What does the code F disposition mean in the RL CFO’s Form 4?
The three code F transactions report that 2,245 shares of Ralph Lauren Class A Common Stock were delivered or withheld at $387.225 per share for payment of exercise price or tax liability, rather than ordinary open-market sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.