Ralph Lauren director receives small RSU dividend grant
RALPH LAUREN CORP director Michael A. George received an equity award rather than buying shares on the market.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1.41 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units of the Issuer's Class A Common Stock payable as a result of the payment of a cash dividend on the Issuer's Class A Common Stock. The restricted stock units are payable solely in shares of the Issuer's Class A Common Stock issued to the Reporting Person in respect of restricted stock units previously granted under the Issuer's 2019 Long-Term Stock Incentive Plan.
Key Figures
Key Terms
restricted stock units financial
cash dividend financial
2019 Long-Term Stock Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ralph Lauren (RL) director Michael A. George report?
Was the Ralph Lauren (RL) Form 4 transaction a market buy or sell?
What plan governs the restricted stock units reported for Ralph Lauren (RL)?
AI-generated analysis. How Rhea-AI works. Not financial advice.