Ralph Lauren Corp (NYSE: RL) awards director 458 restricted stock units
Rhea-AI Filing Summary
BENNACK FRANK A JR reported acquisition or exercise transactions in this Form 4 filing.
Ralph Lauren Corp director Frank A. Bennack Jr. received a grant of 458 shares of Class A Common Stock in the form of restricted stock units under the company’s 2019 Long-Term Stock Incentive Plan on July 30, 2026. These units will vest on July 30, 2027, subject to his continued service through the 2027 Annual Meeting of Stockholders. After this award, and after a minor cash payment in lieu of approximately 0.02 fractional shares from a prior RSU vesting, he directly holds 32,890 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 458 shares
Net Buy
1 txn
Insider
BENNACK FRANK A JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1, F2 | 458 | -- | -- |
Holdings After Transaction:
Class A Common Stock — 32,890 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
RSUs granted: 458 shares
Direct holdings after grant: 32,890 shares
RSU vesting date: July 30, 2027
+1 more
4 metrics
RSUs granted
458 shares
Restricted stock units of Class A Common Stock granted on July 30, 2026
Direct holdings after grant
32,890 shares
Class A Common Stock directly owned by Frank A. Bennack Jr. following the reported award
RSU vesting date
July 30, 2027
Scheduled vesting date for the granted restricted stock units, subject to continued service
Fractional share cash-out
approximately 0.02 fractional shares
Fractional shares settled in cash upon vesting of previously granted RSUs, reflected in the total share count
Key Terms
restricted stock units, 2019 Long-Term Stock Incentive Plan, Class A Common Stock, Annual Meeting of Stockholders
4 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"
Class A Common Stock financial
"Represents shares of the Issuer's Class A Common Stock issued to the Reporting Person"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Annual Meeting of Stockholders financial
"continued service through the 2027 Annual Meeting of Stockholders"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Ralph Lauren (RL) director Frank A. Bennack Jr. report on this Form 4?
Frank A. Bennack Jr. reported receiving 458 restricted stock units of Ralph Lauren Class A Common Stock on July 30, 2026. The award was granted under the 2019 Long-Term Stock Incentive Plan as part of his director compensation, rather than through any open-market purchase or sale.
When do the new restricted stock units for Ralph Lauren (RL) director Bennack vest?
The 458 restricted stock units are scheduled to vest on July 30, 2027. Vesting is conditioned on his continued service through Ralph Lauren’s 2027 Annual Meeting of Stockholders, meaning the units will not fully vest if that service condition is not satisfied.
Was there any stock sale by Ralph Lauren (RL) director Frank A. Bennack Jr. in this filing?
No, this Form 4 reports an acquisition via equity award, not a sale. The transaction code is “A,” indicating a grant or award of restricted stock units, and the only reduction mentioned is a minor cash payment in lieu of fractional shares from a prior vesting event.