[Form 4] Ralph Lauren Corporation Insider Trading Activity

Rhea-AI Filing Summary

Halide Alagoz, Chief Product Officer at Ralph Lauren Corporation (RL), reported transactions dated 08/15/2025. The filing shows a grant of 3,450 restricted stock units under the 2019 Long-Term Stock Incentive Plan that will vest in three equal annual installments beginning August 15, 2026. On the same date the report records three dispositions of Class A common stock: 1,133, 923 and 839 shares sold at $289.745 per share, with the filing listing successive beneficial ownership totals of 34,629, 33,496, 32,573 and 31,734 shares following the reported transactions. The form is signed by an attorney-in-fact for the reporting person.

Insights

Financial Analyst

TL;DR: Insider received time‑vesting RSUs while disposing of a portion of existing shares at $289.745 each, a mixed signal for investors.

The filing documents a non‑derivative grant of 3,450 restricted stock units that vest over three years, which supports executive retention and aligns compensation with long‑term performance. Concurrently, the reporting person disposed of a total of 2,895 shares through three transactions at $289.745 per share on 08/15/2025. The disposals reduced beneficial ownership in stepped amounts reflected in the form. From a financial perspective, the grant increases potential future dilution modestly as the RSUs vest, while the sales are liquidity events for the insider and do not by themselves change ongoing operational control.

Corporate Governance Expert

TL;DR: Compensation and sale activity appear routine: time‑based RSUs granted and separate share dispositions disclosed per Section 16 requirements.

The RSU award under the 2019 Long‑Term Stock Incentive Plan with three‑year annual vesting is a standard retention mechanism. The contemporaneous disclosures of three separate dispositions at the same price indicate routine insider sales rather than an unusual corporate governance event. The form is properly signed by an attorney‑in‑fact, and no indication of a Rule 10b5‑1 plan is checked on the face of the document. Overall, the filing is procedural and compliant, with no governance red flags evident from the disclosed items alone.

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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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^*

Alagoz Halide

(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 Product Officer

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		3,450	A	(1)	34,629	D
Class A Common Stock	08/15/2025		F		1,133	D	$289.745	33,496	D
Class A Common Stock	08/15/2025		F		923	D	$289.745	32,573	D
Class A Common Stock	08/15/2025		F		839	D	$289.745	31,734	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 Halide Alagoz	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 did Halide Alagoz disclose in the Form 4 for RL on 08/15/2025?

The Form 4 discloses a grant of 3,450 restricted stock units and three dispositions of Class A common stock of 1,133, 923, and 839 shares at $289.745 per share.

When do the restricted stock units granted to Halide Alagoz vest?

The restricted stock units vest in three equal annual installments beginning on August 15, 2026.

How many shares did Halide Alagoz beneficially own after the reported transactions?

The filing lists successive beneficial ownership totals of 34,629, 33,496, 32,573, and 31,734 shares following the reported transactions.

At what price were the shares disposed of according to the filing?

The three reported dispositions were executed at a price of $289.745 per share on 08/15/2025.

Was the Form 4 signed by the reporting person?

The Form 4 was signed by an attorney‑in‑fact, Avery S. Fischer, on behalf of Halide Alagoz on 08/19/2025.