Ralph Lauren Corp (NYSE: RL) awards 458 restricted shares to director
Rhea-AI Filing Summary
JARRETT VALERIE B reported acquisition or exercise transactions in this Form 4 filing.
RALPH LAUREN CORP director Valerie B. Jarrett received a grant of 458 shares of Class A Common Stock in the form of restricted stock units under the 2019 Long-Term Stock Incentive Plan on July 30, 2026. These units vest on July 30, 2027, subject to her continued service through the 2027 Annual Meeting of Stockholders. Following this award and a small cash payment in lieu of approximately 0.02 fractional shares from a prior vesting, she now directly holds 6,544 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 458 shares
Net Buy
1 txn
Insider
JARRETT VALERIE B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1, F2 | 458 | -- | -- |
Holdings After Transaction:
Class A Common Stock — 6,544 shares (Direct)
Footnotes (2)
- 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 on July 30, 2027, subject to the Reporting Person's continued service through the 2027 Annual Meeting of Stockholders.
- F2. The total also reflects a deduction for cash paid in lieu of approximately 0.02 fractional shares of the Issuer's Class A Common Stock upon vesting of previously-granted restricted stock units.
Key Figures
Shares granted: 458 shares of Class A Common Stock
Post-transaction holdings: 6,544 shares of Class A Common Stock
Vesting date: July 30, 2027
+1 more
4 metrics
Shares granted
458 shares of Class A Common Stock
Restricted stock units granted to Valerie B. Jarrett on July 30, 2026
Post-transaction holdings
6,544 shares of Class A Common Stock
Direct ownership by Valerie B. Jarrett after the award
Vesting date
July 30, 2027
Vesting date for the newly granted restricted stock units
Fractional shares settled in cash
approximately 0.02 shares
Fractional shares from a prior RSU vesting paid in cash instead of stock
Key Terms
restricted stock units, 2019 Long-Term Stock Incentive Plan, cash paid in lieu of fractional shares
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
"restricted stock units granted under the Issuer's 2019 Long-Term Stock Incentive Plan."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Valerie B. Jarrett report at Ralph Lauren (RL)?
Valerie B. Jarrett reported an equity award from Ralph Lauren, receiving 458 restricted stock units of Class A Common Stock. The grant is part of the company’s 2019 Long-Term Stock Incentive Plan and represents director compensation rather than an open-market purchase.
When do Valerie B. Jarrett's new RL restricted stock units vest?
The newly granted restricted stock units vest on July 30, 2027. Vesting is conditioned on Jarrett’s continued service through Ralph Lauren’s 2027 Annual Meeting of Stockholders, aligning the award with ongoing board tenure and performance of director duties.
Were Valerie B. Jarrett's RL equity transactions made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan trade, indicating the reported grant was not designated as executed under a Rule 10b5-1 trading arrangement. It is described instead as a compensation-related equity award to a director.