Ralph Lauren (NYSE: RL) director gets 1.4900 RSUs from dividend
Rhea-AI Filing Summary
BENNACK FRANK A JR reported acquisition or exercise transactions in this Form 4 filing.
Ralph Lauren Corp reported that director Frank A. Bennack Jr. received a grant of 1.4900 restricted stock units of Class A Common Stock on 2026-07-10, credited as a dividend equivalent under the 2019 Long-Term Stock Incentive Plan. Following this award, he holds 32432.0200 shares/units directly.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BENNACK FRANK A JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1.49 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 32,432.02 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock units granted: 1.4900 shares
Transaction price per share: 0.0000
Total holdings after transaction: 32432.0200 shares
+1 more
4 metrics
Restricted stock units granted
1.4900 shares
Grant on 2026-07-10 to director Frank A. Bennack Jr.
Transaction price per share
0.0000
Non-cash dividend-equivalent restricted stock unit award
Total holdings after transaction
32432.0200 shares
Direct ownership following the RSU dividend-equivalent grant
Transaction date
2026-07-10
Date the dividend-equivalent restricted stock units were credited
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"
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"
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
"previously granted under the Issuer's 2019 Long-Term Stock Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Ralph Lauren (RL) report for director Frank A. Bennack Jr.?
Ralph Lauren reported that director Frank A. Bennack Jr. received 1.4900 restricted stock units of Class A Common Stock. The units were credited as a dividend equivalent tied to existing restricted stock units under the company’s 2019 Long-Term Stock Incentive Plan.
When did Ralph Lauren (RL) grant the new stock units to Frank A. Bennack Jr.?
The award of 1.4900 restricted stock units was effective on 2026-07-10. This grant reflects additional units credited as a result of a cash dividend paid on Ralph Lauren’s Class A Common Stock to existing restricted stock unit holdings.
Did Frank A. Bennack Jr. pay a purchase price for the new Ralph Lauren (RL) units?
No cash purchase was involved; the reported transaction price per share was 0.0000. The 1.4900 restricted stock units were granted automatically as a dividend equivalent on existing restricted stock units, rather than bought in the open market.
What plan governs the restricted stock units reported for Ralph Lauren (RL) director Frank A. Bennack Jr.?
The units were issued under Ralph Lauren’s 2019 Long-Term Stock Incentive Plan. They represent dividend-equivalent restricted stock units payable solely in shares of Class A Common Stock, tied to restricted stock units previously granted to the director.