RL Form 4: COO Ranftl Disposes of 11,556 Class A Shares for Estate Planning

Rhea-AI Filing Summary

Ralph Lauren Corporation Chief Operating Officer Robert P. Ranftl reported two open-market sales of Class A common stock. On 06/04/2025 he sold 7,350 shares at an average price of $280.21, leaving 13,168 shares beneficially owned. On 08/19/2025 he sold 4,206 shares at a weighted average price of $285.21, leaving 8,962 shares beneficially owned. The filer states these sales were executed for estate planning and investment diversification, and the August price represents a weighted average of trades between $284.87 and $285.49. The Form 4 was signed by an attorney-in-fact for Ranftl.

Insights

Corporate Governance Expert

TL;DR: Insider sales by the COO for estate planning reduce holdings but appear preplanned and non-material to operations.

The disclosure shows scheduled open-market disposals totaling 11,556 Class A shares across two dates, disclosed under Form 4. The reporting cites estate planning and diversification as the rationale, which is a common non-operational reason for sales and supports an affirmative defense narrative. There is no accompanying change in role or other governance action disclosed. From a governance perspective, this is routine insider liquidity rather than a signal of corporate stress or governance disruption.

Securities/Compliance Analyst

TL;DR: Transactions were properly reported with pricing detail and an attorney-in-fact signature; compliance disclosure appears complete.

The Form 4 lists transaction codes and prices, includes an explanation of weighted-average pricing for August trades, and contains a signature from an attorney-in-fact, meeting Form 4 formalities. The filer offers to provide detailed execution prices upon request, which aligns with best practices for transparency on multi-trade dispositions. No additional disclosures (e.g., 10b5-1 plan checkbox) are marked on the face of the form.

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

Ranftl Robert P.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2025

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	06/04/2025		S		7,350	D	$280.21(1)	13,168	D
Class A Common Stock	08/19/2025		S		4,206	D	$285.21(1)(2)	8,962	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. These sales were made in connection with a long-term strategy for estate planning and investment diversification.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $284.87 to $285.49, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.

	/s/ Avery S. Fischer, Attorney-in-Fact for Robert P. Ranftl	08/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What shares did RL COO Robert P. Ranftl sell according to the Form 4?

He sold 7,350 Class A shares on 06/04/2025 and 4,206 Class A shares on 08/19/2025.

At what prices were RL shares sold in these transactions?

The June sale reported an average price of $280.21; the August sale reported a weighted average price of $285.21 (trades ranged $284.87–$285.49).

Why did the reporting person sell RL shares?

The filer states the sales were made for estate planning and investment diversification.

How many RL shares does Ranftl beneficially own after the reported sales?

After the June transaction he reported 13,168 shares beneficially owned; after the August transaction he reported 8,962 shares.

Who signed the Form 4 for Ranftl?

The form was signed by Avery S. Fischer, Attorney-in-Fact, on behalf of Robert P. Ranftl on 08/20/2025.