Ralph Lauren (NYSE: RL) director adds shares via restricted stock unit dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RALPH LAUREN CORP director Michael A. George received an equity award rather than buying shares on the market. He acquired 1.4100 shares of Class A Common Stock through restricted stock units that were credited due to a cash dividend on the company’s Class A Common Stock.
These restricted stock units are payable solely in shares under the company’s 2019 Long-Term Stock Incentive Plan and relate to units previously granted. After this grant, George directly holds a total of 16,146.5300 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GEORGE MICHAEL A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1.41 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 16,146.53 shares (Direct)
Footnotes (1)
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Key Figures
RSU shares granted: 1.4100 shares
Holdings after transaction: 16,146.5300 shares
Grant price per share: $0.0000 per share
3 metrics
RSU shares granted
1.4100 shares
Restricted stock units credited due to cash dividend
Holdings after transaction
16,146.5300 shares
Class A Common Stock directly held after grant
Grant price per share
$0.0000 per share
Reported acquisition price for RSU-related shares
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 insider transaction did Ralph Lauren (RL) director Michael A. George report?
Michael A. George reported acquiring 1.4100 shares of Ralph Lauren Class A Common Stock. The acquisition came through restricted stock units credited as a result of a cash dividend, rather than through an open-market purchase or sale.
Was the Ralph Lauren (RL) Form 4 transaction a market buy or sell?
The Form 4 reflects an award-type acquisition, not a market trade. The 1.4100 shares came from restricted stock units credited due to a cash dividend, with a reported price per share of 0.0000, indicating a compensation-related grant.
What plan governs the restricted stock units reported for Ralph Lauren (RL)?
The restricted stock units were issued under Ralph Lauren’s 2019 Long-Term Stock Incentive Plan. They are payable solely in shares of Class A Common Stock and relate to restricted stock units that had been granted to Michael A. George previously under this plan.