Tapestry grants CFO 7,751 RSUs, 20,576 options
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Rhea-AI Filing Summary
TAPESTRY, INC. (TPR) reported equity compensation changes for CFO and COO Scott A. Roe. On August 17, 2026, he received 7,751 shares of common stock as unvested restricted stock units under the Stock Incentive Plan, vesting in four equal annual tranches from August 17, 2027 through August 17, 2030. He was also granted a stock option for 20,576 shares at an exercise price of $129.02 per share, vesting on the same four-year schedule and convertible into common stock on a 1-for-1 basis. On August 18, 2026, 1,402 shares of common stock were withheld at $132.26 per share to pay taxes related to the vesting of restricted stock units.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F2 | 1,402 | $132.26 | $185K |
| Grant/Award | Stock Option F3, F4, F5 | 20,576 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 7,751 | $129.02 | $1.00M |
Footnotes (5)
- F1. These securities were acquired in the form of unvested restricted stock units issued under the Issuer's Stock Incentive Plan. These securities will vest in four equal tranches 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.
- F2. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
- F3. These securities were issued under the Issuer's Stock Incentive Plan.
- F4. These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
- F5. 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
Key Terms
restricted stock units financial
Stock Incentive Plan financial
service-based securities financial
1-for-1 basis financial
withheld to pay the taxes financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What new equity awards did TPR grant to CFO and COO Scott A. Roe?
How do the new stock options for TPR’s CFO and COO vest and convert?
What restricted stock units did TPR award to Scott A. Roe and when do they vest?
Were the transactions in this TPR Form 4 made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.