Ralph Lauren (NYSE: RL) awards 2,583 RSUs, withholds shares for taxes
Rhea-AI Filing Summary
RALPH LAUREN CORP (RL) reported that officer Halide Alagoz, Chief Product & Merchandising Officer, received an award of 2,583 shares of Class A Common Stock in the form of restricted stock units under the 2019 Long-Term Stock Incentive Plan. These units will vest in three equal annual installments beginning August 15, 2027. On the same date, a total of 2,398 shares of Class A Common Stock were disposed of in three transactions coded "F" at $387.225 per share, representing shares delivered or withheld for payment of exercise price or tax liability.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 185 shares
Net Buy
4 txns
Insider
Alagoz Halide
Role
Chief Product & Merch. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 2,583 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 923 | $387.225 | $357K |
| Exercise Price or Tax Liability | Class A Common Stock | 839 | $387.225 | $325K |
| Exercise Price or Tax Liability | Class A Common Stock | 636 | $387.225 | $246K |
Holdings After Transaction:
Class A Common Stock — 19,036 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
Restricted stock units granted: 2,583 shares
Vesting schedule: Three equal annual installments beginning August 15, 2027
Shares disposed for exercise price or tax liability: 2,398 shares
+4 more
7 metrics
Restricted stock units granted
2,583 shares
Class A Common Stock RSUs granted under 2019 Long-Term Stock Incentive Plan
Vesting schedule
Three equal annual installments beginning August 15, 2027
RSUs vest over three years starting August 15, 2027
Shares disposed for exercise price or tax liability
2,398 shares
Total Class A shares in three code F transactions on August 15, 2026
Per-share value for code F transactions
$387.225 per share
Price applied to shares delivered or withheld for exercise price or tax liability
Individual code F transaction 1
923 shares
Class A shares delivered or withheld in first code F transaction
Individual code F transaction 2
839 shares
Class A shares delivered or withheld in second code F transaction
Individual code F transaction 3
636 shares
Class A shares delivered or withheld in third code F transaction
Key Terms
restricted stock units, 2019 Long-Term Stock Incentive Plan, Payment of exercise price or tax liability by delivering or withholding securities
3 terms
restricted stock units financial
"issued to the Reporting Person as restricted stock units granted under the Issuer's 2019"
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.
2019 Long-Term Stock Incentive Plan financial
"stock units granted under the Issuer's 2019 Long-Term Stock Incentive Plan. These restricted"
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering or"
FAQ
What equity award did Halide Alagoz receive from RALPH LAUREN CORP (RL)?
Halide Alagoz received an award of 2,583 restricted stock units of RL Class A Common Stock. The units were granted under RL’s 2019 Long-Term Stock Incentive Plan as part of equity compensation.
When do Halide Alagoz’s new RL restricted stock units begin vesting?
The 2,583 restricted stock units granted to Halide Alagoz begin vesting on August 15, 2027. They vest in three equal annual installments starting on that date under the 2019 Long-Term Stock Incentive Plan.
Were Halide Alagoz’s RL transactions under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed for these transactions. The transactions are reported as a grant of restricted stock units and related share dispositions for exercise price or tax liability.
AI-generated analysis. How Rhea-AI works. Not financial advice.