Ralph Lauren (RL) director Valerie Jarrett receives 1.41 RSUs as dividend grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RALPH LAUREN CORP director Valerie B. Jarrett received an automatic stock-based award tied to a dividend. On April 10, 2026, she acquired 1.41 restricted stock units (RSUs) of Class A Common Stock at a stated price of $0.00 per unit.
The filing explains these RSUs were issued as dividend equivalents on previously granted RSUs under the company’s 2019 Long-Term Stock Incentive Plan. Following this grant, Jarrett directly holds 6,084.53 shares or RSUs of Class A Common Stock in total, reflecting routine compensation rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JARRETT VALERIE B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1.41 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 6,084.53 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 1.41 shares
Price per RSU: $0.00 per share
Holdings after grant: 6,084.53 shares
3 metrics
RSUs granted
1.41 shares
Restricted stock units granted on April 10, 2026
Price per RSU
$0.00 per share
Stated transaction price for RSU grant
Holdings after grant
6,084.53 shares
Total Class A Common Stock directly held after transaction
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 as a result of the payment of a cash dividend"
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 Common Stock"
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
"restricted stock units previously granted under the Issuer's 2019 Long-Term Stock Incentive Plan"
FAQ
What did Ralph Lauren (RL) director Valerie B. Jarrett report in this Form 4?
Valerie B. Jarrett reported receiving 1.41 restricted stock units of Ralph Lauren Class A Common Stock. These units were issued automatically as dividend equivalents on previously granted RSUs, increasing her direct holdings to 6,084.53 shares or units after the transaction.
Why did Valerie B. Jarrett receive 1.41 RSUs from Ralph Lauren (RL)?
She received 1.41 restricted stock units because Ralph Lauren paid a cash dividend on its Class A Common Stock. Under the 2019 Long-Term Stock Incentive Plan, previously granted RSUs earn additional RSUs as dividend equivalents instead of paying cash directly to the director.
Does this Ralph Lauren (RL) Form 4 indicate any derivative or option exercises?
No, the Form 4 does not show any option or derivative exercises. It reports only a non-derivative acquisition of 1.41 restricted stock units as a grant, with no derivative positions listed in the derivative summary section of the filing.