Tapestry CFO granted 20,931 stock options
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4/A
Rhea-AI Filing Summary
TAPESTRY, INC. (TPR) reported that its CFO and COO, Scott A. Roe, received a grant of 20,931 stock options on August 17, 2026 under the company’s Stock Incentive Plan. The options have an exercise price of $129.02 per share and convert on a 1-for-1 basis into common stock.
The options are described as service-based and will vest in four equal installments on August 17 of 2027, 2028, 2029 and 2030, and expire on August 17, 2036. The filing states the number of options was adjusted to correct a calculation error in a previously timely filed Form 4, and no Rule 10b5-1 trading plan is reported.
Insider Trade Summary
Grant/Award: 20,931 shares
Grant/Award
1 txn
Insider
Roe Scott A.
Role
CFO and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option F1, F2, F3, F4 | 20,931 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option — 20,931 contracts (Direct)
Footnotes (4)
- F1. These securities were issued under the Issuer's Stock Incentive Plan.
- F2. These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
- F3. The number of stock options were adjusted to correct a calculation error in a previously timely filed Form 4.
- F4. These service-based securities vest in four equal installments on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 17, 2027, the second on August 17, 2028, the third on August 17, 2029 and the fourth on August 17, 2030.
Key Figures
Stock options granted: 20,931 options
Exercise price: $129.02 per share
Underlying common shares: 20,931 shares
+2 more
5 metrics
Stock options granted
20,931 options
Grant to CFO and COO Scott A. Roe on August 17, 2026
Exercise price
$129.02 per share
Exercise price of the granted stock options
Underlying common shares
20,931 shares
Each option converts on a 1-for-1 basis into common stock
Vesting dates
August 17, 2027; 2028; 2029; 2030
Four equal annual vesting installments for the service-based options
Expiration date
August 17, 2036
Expiration of the granted stock options
Key Terms
Stock Option, Stock Incentive Plan, service-based securities, 1-for-1 basis
4 terms
Stock Option financial
"The security reported is a Stock Option with an exercise price"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Stock Incentive Plan financial
"These securities were issued under the Issuer's Stock Incentive Plan"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
service-based securities financial
"These service-based securities vest in four equal installments"
1-for-1 basis financial
"These securities will convert on a 1-for-1 basis into shares"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did TPR grant to its CFO and COO in this Form 4/A?
The CFO and COO, Scott A. Roe, was granted 20,931 stock options on August 17, 2026. These options were issued under Tapestry’s Stock Incentive Plan and represent the right to purchase common stock at a fixed exercise price.
What is the exercise price of the new stock options reported for TPR’s CFO and COO?
The stock options granted to TPR’s CFO and COO have an exercise price of $129.02 per share. Each option is exercisable into one share of Tapestry common stock on a 1-for-1 basis, subject to vesting and expiration terms.
How and when do the TPR stock options granted to the CFO and COO vest?
The service-based stock options vest in four equal installments on the first, second, third and fourth anniversaries of the grant. Specifically, tranches vest on August 17, 2027, 2028, 2029 and 2030, contingent on continued service as described.
When do the TPR stock options granted in this filing expire?
The stock options granted to TPR’s CFO and COO expire on August 17, 2036. After that date, any unexercised options will no longer be exercisable into shares of Tapestry common stock.
Did this TPR Form 4/A involve a correction to a prior filing?
Yes. A footnote states that the number of stock options was adjusted to correct a calculation error in a previously timely filed Form 4. The amended filing reflects the corrected option amount of 20,931.
Were the TPR CFO’s option transactions under a Rule 10b5-1 trading plan?
No. The Form 4/A indicates no Rule 10b5-1 plan applies to this award, and there is no footnote stating that the grant was made pursuant to a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
