Ralph Lauren (NYSE: RL) director granted dividend-linked restricted stock units

Rhea-AI Filing Summary

Ralph Lauren Corporation director Frank A. Bennack Jr. reported a small stock-based award linked to a dividend on the company’s Class A common stock. On January 9, 2026, he acquired 1.44 restricted stock units of Class A common stock at a price of $0 per unit, increasing his directly held position to 32,429.12 shares after the transaction. According to the disclosure, these units were credited as dividend equivalents on previously granted restricted stock units under Ralph Lauren’s 2019 Long-Term Stock Incentive Plan and are payable solely in shares.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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^*

BENNACK FRANK A JR

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/09/2026

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	01/09/2026		A		1.44(1)	A	$0(1)	32,429.12	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. 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.

	/s/ Avery S. Fischer, Attorney-in-Fact for Frank A. Bennack, Jr.	01/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Ralph Lauren (RL) report for Frank A. Bennack Jr.?

Frank A. Bennack Jr., a director of Ralph Lauren Corporation, reported acquiring 1.44 restricted stock units of Class A common stock on January 9, 2026.

At what price were the new Ralph Lauren (RL) restricted stock units reported?

The 1.44 restricted stock units of Ralph Lauren Class A common stock were reported at a price of $0 per unit as part of a stock-based award.

How many Ralph Lauren (RL) shares does Frank A. Bennack Jr. own after this Form 4 transaction?

Following the reported transaction, Frank A. Bennack Jr. beneficially owns 32,429.12 shares of Ralph Lauren Class A common stock directly.

What is the nature of the Ralph Lauren (RL) restricted stock units reported on this Form 4?

The filing states the award represents restricted stock units credited due to a cash dividend on Ralph Lauren Class A common stock, tied to prior grants under the 2019 Long-Term Stock Incentive Plan.

Is the reported Ralph Lauren (RL) insider transaction a purchase on the open market?

No. The Form 4 describes the transaction as an acquisition of restricted stock units related to dividend payments on previously granted awards, not an open-market stock purchase.

Does Frank A. Bennack Jr. hold the reported Ralph Lauren (RL) shares directly or indirectly?

The Form 4 lists his ownership of 32,429.12 shares of Class A common stock as direct ownership.