Ralph Lauren (NYSE: RL) CEO withholds 19K shares at $387
Rhea-AI Filing Summary
RALPH LAUREN CORP (RL) reported insider equity activity by President and CEO Patrice Louvet. He received 23,241 shares of Class A Common Stock in the form of restricted stock units under the company’s 2019 Long-Term Stock Incentive Plan, which will vest in three equal annual installments beginning August 15, 2027. On the same date, a total of 19,213 shares of Class A Common Stock were disposed of at $387.225 per share to satisfy payment of exercise price or tax liability by delivering or withholding securities.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 4,028 shares
Net Buy
6 txns
Insider
Louvet Patrice
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 23,241 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 7,875 | $387.225 | $3.05M |
| Exercise Price or Tax Liability | Class A Common Stock | 5,729 | $387.225 | $2.22M |
| Exercise Price or Tax Liability | Class A Common Stock | 1,497 | $387.225 | $580K |
| Exercise Price or Tax Liability | Class A Common Stock | 3,260 | $387.225 | $1.26M |
| Exercise Price or Tax Liability | Class A Common Stock | 852 | $387.225 | $330K |
Holdings After Transaction:
Class A Common Stock — 129,485 shares (Direct)
Footnotes (1)
- 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 in three equal annual installments beginning August 15, 2027.
Key Figures
RSU shares granted: 23,241 shares
Shares disposed for exercise price or tax liability: 19,213 shares
Per-share price for code F transactions: $387.225 per share
+1 more
4 metrics
RSU shares granted
23,241 shares
Restricted stock units of Class A Common Stock granted to Patrice Louvet
Shares disposed for exercise price or tax liability
19,213 shares
Total shares used for payment of exercise price or tax liability via code F transactions
Per-share price for code F transactions
$387.225 per share
Price applied to all code F dispositions of Class A Common Stock
RSU vesting schedule
3 annual installments
Restricted stock units vest in three equal annual installments beginning August 15, 2027
Key Terms
restricted stock units, 2019 Long-Term Stock Incentive Plan, vest in three equal annual installments, payment of exercise price or tax liability
4 terms
restricted stock units financial
"issued to the Reporting Person as restricted stock units granted under"
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
"units granted under the Issuer's 2019 Long-Term Stock Incentive Plan"
vest in three equal annual installments financial
"These restricted stock units will vest in three equal annual installments"
payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding"
FAQ
What insider transactions did RL CEO Patrice Louvet report on August 15, 2026?
Patrice Louvet reported an award of 23,241 Class A shares as restricted stock units and dispositions totaling 19,213 shares used for payment of exercise price or tax liability at $387.225 per share.
When do Patrice Louvet’s new RL restricted stock units vest?
The 23,241 restricted stock units granted to Patrice Louvet will vest in three equal annual installments beginning on August 15, 2027, providing a multi-year equity compensation schedule tied to continued service.
What does the code F transaction mean in the RL Form 4 filing?
Code F indicates shares were delivered or withheld for payment of exercise price or tax liability. In this filing, 19,213 RL shares were disposed of this way at a per-share price of $387.225.
Was the RL CEO’s equity award made under a specific incentive plan?
Yes. The 23,241 restricted stock units granted to RL CEO Patrice Louvet were issued under Ralph Lauren’s 2019 Long-Term Stock Incentive Plan, which governs long-term equity-based compensation awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.