Ralph Lauren (RL) insider filing: RSU grant and share sales by COO

Rhea-AI Filing Summary

Ralph Lauren Corporation insider filing: The Form 4 reports transactions by Robert P. Ranftl, the company's Chief Operating Officer. On 08/15/2025 Mr. Ranftl was issued 3,882 shares of Class A Common Stock as restricted stock units under the Issuer's 2019 Long-Term Stock Incentive Plan; the disclosure states these restricted stock units will vest in three equal annual installments beginning August 15, 2026. The Form 4 also shows three dispositions of Class A shares on 08/15/2025: 1,129, 919 and 780 shares sold at $289.745 per share. Following the reported transactions the filing shows 20,518 shares of Class A Common Stock beneficially owned by the reporting person.

Insights

Corporate Governance Expert

TL;DR: Routine executive equity grant with scheduled multi-year vesting; accompanying share sales reduced immediate beneficial ownership.

The filing documents a standard restricted stock unit grant to the Chief Operating Officer under the companys 2019 Long-Term Stock Incentive Plan, which vests in three equal annual installments starting August 15, 2026. Such grants are typical for aligning senior management incentives with long-term shareholder value. Concurrently, the report records three share dispositions on the same date at a disclosed price of $289.745 per share, which reduced reported beneficial ownership from 23,346 to 20,518 shares. There is no indication in the filing of any material change to compensation policy or of transactions outside normal plan administration.

Compensation Analyst

TL;DR: The RSU award and its multi-year vesting reflect long-term retention design; contemporaneous sales appear routine.

The 3,882 restricted stock units are explicitly described as RSUs that will vest in three equal annual installments beginning August 15, 2026, which indicates a time-based retention structure. The Form 4 lists three discrete sales totaling 2,828 shares at $289.745 each on the same transaction date, lowering immediate share holdings. From a compensation perspective this disclosure shows expected long-term incentive delivery combined with partial monetization of existing holdings, consistent with typical executive portfolio management and not signaling a change in corporate compensation strategy.

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
Estimated average burden
hours per response:			0.5

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)
	COO

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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	08/15/2025		A		3,882	A	(1)	23,346	D
Class A Common Stock	08/15/2025		F		1,129	D	$289.745	22,217	D
Class A Common Stock	08/15/2025		F		919	D	$289.745	21,298	D
Class A Common Stock	08/15/2025		F		780	D	$289.745	20,518	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 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, 2026.

	/s/ Avery S. Fischer, Attorney-in-Fact for Robert P. Ranftl	08/19/2025
	** 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 insider transactions did RL COO Robert P. Ranftl report?

The Form 4 reports issuance of 3,882 restricted stock units and three dispositions of Class A shares (1,129, 919, 780) on 08/15/2025.

When do the restricted stock units granted to Robert P. Ranftl vest?

The RSUs "will vest in three equal annual installments beginning August 15, 2026."

At what price were the shares disposed of in the Form 4?

The three disposals on 08/15/2025 are reported at a price of $289.745 per share.

How many Class A shares does the reporting person beneficially own after the transactions?

The filing shows 20,518 shares of Class A Common Stock beneficially owned following the reported transactions.

Under which plan were the RSUs granted?

The RSUs were granted under the Issuer's 2019 Long-Term Stock Incentive Plan as stated in the filing.