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Ralph Lauren (RL) CEO sells 47,000 shares via Rule 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Ralph Lauren Corporation President and CEO Patrice Louvet reported multiple open-market sales of Class A Common Stock on February 10, 2026 totaling 47,000 shares. Sale prices were reported as weighted averages, with individual trades occurring in ranges from $347.00 to $361.99 per share.

According to the footnotes, these transactions were executed under a Rule 10b5-1 sales plan that Louvet adopted on November 10, 2025 as part of a long-term strategy for estate planning and investment diversification. Following the reported sales, he beneficially owned 85,552 Class A shares directly.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Louvet Patrice

(Last) (First) (Middle)
RALPH LAUREN CORPORATION
650 MADISON AVENUE

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RALPH LAUREN CORP [ RL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/10/2026 S 421 D $347.36(1)(2) 132,131 D
Class A Common Stock 02/10/2026 S 714 D $348.34(1)(3) 131,417 D
Class A Common Stock 02/10/2026 S 144 D $349.53(1)(4) 131,273 D
Class A Common Stock 02/10/2026 S 1,803 D $351.95(1)(5) 129,470 D
Class A Common Stock 02/10/2026 S 13,619 D $352.46(1)(6) 115,851 D
Class A Common Stock 02/10/2026 S 12,796 D $353.48(1)(7) 103,055 D
Class A Common Stock 02/10/2026 S 2,557 D $354.5(1)(8) 100,498 D
Class A Common Stock 02/10/2026 S 3,912 D $355.6(1)(9) 96,586 D
Class A Common Stock 02/10/2026 S 4,611 D $356.55(1)(10) 91,975 D
Class A Common Stock 02/10/2026 S 3,133 D $357.24(1)(11) 88,842 D
Class A Common Stock 02/10/2026 S 863 D $358.55(1)(12) 87,979 D
Class A Common Stock 02/10/2026 S 699 D $359.62(1)(13) 87,280 D
Class A Common Stock 02/10/2026 S 498 D $360.25(1)(14) 86,782 D
Class A Common Stock 02/10/2026 S 1,227 D $361.27(1)(15) 85,555 D
Class A Common Stock 02/10/2026 S 3 D $362.1(1) 85,552 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These sales were made pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on November 10, 2025, in connection with a long-term strategy for estate planning and investment diversification.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $347.00 to $347.99, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (15) to this Form 4.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $348.00 to $348.99, inclusive.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $349.00 to $349.99, inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $351.00 to $351.99, inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.00 to $352.99, inclusive.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.00 to $353.99, inclusive.
8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.00 to $354.99, inclusive.
9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.00 to $355.99, inclusive.
10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.00 to $356.99, inclusive.
11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $357.00 to $357.99, inclusive.
12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.00 to $358.99, inclusive.
13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.00 to $359.99, inclusive.
14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $360.00 to $360.99, inclusive.
15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $361.00 to $361.99, inclusive.
/s/ Avery S. Fischer, Attorney-in-Fact for Patrice Louvet 02/11/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did RL CEO Patrice Louvet report on this Form 4?

Patrice Louvet reported selling 47,000 RL Class A shares. The President and CEO executed multiple open-market sales on February 10, 2026, at weighted average prices in ranges between $347.00 and $361.99 per share, as detailed across several individual line items.

Over what price ranges were Ralph Lauren (RL) shares sold in this insider filing?

The RL shares were sold across several narrow price ranges. Footnotes state the weighted average prices reflect multiple trades in bands such as $347.00–$347.99, $348.00–$348.99, and continuing in similar one-dollar ranges up to $361.00–$361.99 per share.

How many Ralph Lauren (RL) shares does Patrice Louvet hold after these sales?

Patrice Louvet reported direct ownership of 85,552 RL Class A shares. This figure is shown in the table as the amount of securities beneficially owned following the final reported transaction on February 10, 2026, after the series of open-market sales.

Was the Ralph Lauren (RL) CEO’s share sale under a Rule 10b5-1 plan?

Yes, the CEO’s sales were executed under a Rule 10b5-1 plan. A footnote explains the transactions followed a sales plan adopted on November 10, 2025, in connection with a long-term strategy for estate planning and investment diversification.

What type of transactions are reported for RL on this Form 4?

The filing reports open-market sales of RL Class A Common Stock. Each line in Table I is coded “S” for sale, with the insider’s transaction description identifying them as open-market or private sale transactions, all involving non-derivative common shares.

Who is the reporting person in this Ralph Lauren (RL) Form 4 filing?

The reporting person is Patrice Louvet, RL’s President and CEO. The form identifies him as both a director and an officer of Ralph Lauren Corporation, with the officer title listed as President and Chief Executive Officer for the issuer.
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