Tapestry (NYSE: TPR) CLO has 4,884 shares withheld on RSU vesting
Rhea-AI Filing Summary
TAPESTRY, INC. (TPR) reported insider equity-tax transactions by Chief Legal Officer and Secretary David E. Howard. On 2026-08-19, a total of 4,884 shares of common stock were disposed of in two transactions at $131.72 per share, with all shares withheld to pay taxes due on the vesting of restricted stock units.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 4,884 shares
Net Sell
2 txns
Insider
Howard David E
Role
Chief Legal Officer, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,628 | $131.72 | $214K |
| Tax Withholding | Common Stock F1 | 3,256 | $131.72 | $429K |
Holdings After Transaction:
Common Stock — 28,616 shares (Direct)
Footnotes (1)
- F1. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
Key Figures
Shares disposed (first transaction): 1,628 shares
Shares disposed (second transaction): 3,256 shares
Total shares delivered or withheld for tax liability: 4,884 shares
+2 more
5 metrics
Shares disposed (first transaction)
1,628 shares
Code F tax-withholding disposition on 2026-08-19 at $131.72 per share
Shares disposed (second transaction)
3,256 shares
Code F tax-withholding disposition on 2026-08-19 at $131.72 per share
Total shares delivered or withheld for tax liability
4,884 shares
Aggregate of code F transactions reported in transactionSummary
Transaction price per share
$131.72 per share
Price reported for both non-derivative code F transactions
ExercisePriceOrTaxLiabilityCount
2 transactions
Number of code F transactions reported in transactionSummary
Key Terms
Form 4, restricted stock units, tax-withholding disposition, Rule 10b5-1
4 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
restricted stock units financial
"in connection with the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
""transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Rule 10b5-1 regulatory
"Footnotes may reference Rule 10b5-1 trading plans"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
Who is the insider involved in this Form 4 for TPR?
The reporting person is David E. Howard, who serves as Chief Legal Officer and Secretary of TAPESTRY, INC.
What were the transaction prices in David Howard’s Form 4 for TPR?
Both transactions were reported at a price of $131.72 per share for TAPESTRY, INC. common stock.
Were David Howard’s TPR transactions under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, so the transactions are not affirmed as occurring under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.