Ralph Lauren Corp (NYSE: RL) grants director Zhang Wei 458 restricted units
Rhea-AI Filing Summary
Zhang Wei reported acquisition or exercise transactions in this Form 4 filing.
Ralph Lauren Corp director Zhang Wei received an award of 458 restricted stock units representing Class A Common Stock on July 30, 2026, under the company’s 2019 Long-Term Stock Incentive Plan.
These restricted stock units will vest on July 30, 2027, subject to continued service through the 2027 Annual Meeting of Stockholders. Following this award, Zhang Wei directly holds 3363 shares of Class A Common Stock, a total that also reflects cash paid in lieu of about 0.02 fractional shares from a prior restricted stock unit vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 458 shares
Net Buy
1 txn
Insider
Zhang Wei
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1, F2 | 458 | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,363 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 of Class A Common Stock
Holdings after award: 3363 shares of Class A Common Stock
Vesting date: July 30, 2027
+1 more
4 metrics
RSUs granted
458 shares of Class A Common Stock
Restricted stock units granted on 2026-07-30
Holdings after award
3363 shares of Class A Common Stock
Total direct holdings following the grant
Vesting date
July 30, 2027
RSUs vest if service continues through the 2027 Annual Meeting of Stockholders
Fractional shares settled in cash
approximately 0.02 shares
Cash paid in lieu of fractional shares from a prior RSU vesting
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
"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 Ralph Lauren (RL) director Zhang Wei report?
Zhang Wei reported an award of 458 restricted stock units representing Ralph Lauren Class A Common Stock. The grant was made under the 2019 Long-Term Stock Incentive Plan on July 30, 2026, as part of director compensation rather than an open-market purchase.
When do Zhang Wei’s new Ralph Lauren (RL) restricted stock units vest?
The restricted stock units vest on July 30, 2027, subject to Zhang Wei’s continued service through the 2027 Annual Meeting of Stockholders. Vesting means the units convert into shares that are no longer subject to forfeiture, assuming the service condition is satisfied.
Was Zhang Wei’s Ralph Lauren (RL) transaction a market buy or a stock award?
It was a stock award, not a market buy or sale. The filing identifies the transaction as a grant or award of restricted stock units under the 2019 Long-Term Stock Incentive Plan, aligning with typical equity compensation for board members.