Ralph Lauren Corp (NYSE: RL) director gets dividend-linked stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ralph Lauren Corp director Angela J. Ahrendts reported an acquisition of 1.49 restricted stock units of Class A Common Stock, issued as a stock-based dividend equivalent on previously granted awards under the 2019 Long-Term Stock Incentive Plan. Following this non-cash grant, her direct holdings total 10,563.02 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
AHRENDTS ANGELA J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1.49 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 10,563.02 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock units granted: 1.49 shares
Transaction price per share: $0.0000
Direct holdings after transaction: 10,563.02 shares
3 metrics
Restricted stock units granted
1.49 shares
RSUs payable in Class A Common Stock as a dividend equivalent
Transaction price per share
$0.0000
Non-cash grant of restricted stock units
Direct holdings after transaction
10,563.02 shares
Class A Common Stock beneficially owned following the award
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"
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"
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
"previously granted under the Issuer's 2019 Long-Term Stock Incentive Plan"
FAQ
What equity award did Angela J. Ahrendts report for Ralph Lauren (RL)?
Angela J. Ahrendts reported receiving 1.49 restricted stock units of Ralph Lauren Class A Common Stock. These units were credited as a stock-based dividend equivalent tied to earlier restricted stock unit awards under the 2019 Long-Term Stock Incentive Plan.
Was Angela J. Ahrendts' Ralph Lauren (RL) transaction a market purchase or sale?
No. The transaction was a non-cash stock award, not a market buy or sell. The 1.49 restricted stock units were granted as dividend equivalents, with a reported transaction price per share of $0.0000.
What is the source of the restricted stock units granted to Angela J. Ahrendts at Ralph Lauren (RL)?
The 1.49 restricted stock units represent dividend equivalents on existing awards. They are payable solely in Class A shares and arise from cash dividends on stock previously granted under Ralph Lauren's 2019 Long-Term Stock Incentive Plan.
Did Angela J. Ahrendts report any derivative security activity in this Ralph Lauren (RL) insider transaction?
No. The reported activity involved non-derivative Class A Common Stock in the form of restricted stock units. There were no option exercises or other derivative security transactions disclosed alongside this small dividend-equivalent grant.