Ralph Lauren chair receives stock awards, pays taxes
Ralph Lauren Corp executive chair and chief creative officer Ralph Lauren reported stock-based compensation and related tax withholding transactions in Class A Common Stock.
Rhea-AI Filing Summary
Ralph Lauren Corp executive chair and chief creative officer Ralph Lauren reported stock-based compensation and related tax withholding transactions in Class A Common Stock. He received grants of 95,842 shares and 66,796 shares, recorded at zero price, in connection with performance-based stock units under the 2019 Long-Term Stock Incentive Plan.
To cover tax obligations, 52,592 shares and 36,939 shares were disposed of at $365.865 per share through tax-withholding dispositions, rather than open-market sales. After these transactions, he holds 598,047.18 shares directly and 35,854 shares indirectly through a revocable trust where he is sole trustee and beneficiary.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 66,796 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 36,939 | $365.865 | $13.51M |
| Grant/Award | Class A Common Stock | 95,842 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 52,592 | $365.865 | $19.24M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents shares of the Issuer's Class A Common Stock issued to the Reporting Person in respect of the vesting of performance-based stock units granted under the Issuer's 2019 Long-Term Stock Incentive Plan.
- F2. These shares of Class A Common Stock are held by a revocable trust of which the reporting person is sole trustee and sole beneficiary.
Key Figures
Key Terms
performance-based stock units financial
Long-Term Stock Incentive Plan financial
tax-withholding disposition financial
revocable trust financial
Class A Common Stock financial
FAQ
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What did Ralph Lauren (RL) report in this Form 4 filing?
What does the tax-withholding disposition mean in the RL Form 4?
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