TPR Form 4: Kulikowsky Receives RSUs, Withholds 758 Shares for Taxes

Rhea-AI Filing Summary

Denise Kulikowsky, Chief People Officer at Tapestry, Inc. (TPR), received equity awards and completed a tax-withholding share disposition. On 08/18/2025 she was granted 3,128 restricted stock units (RSUs) and 8,504 stock options (exercise price $99.91) under the companys Stock Incentive Plan. The RSUs vest in four equal annual tranches beginning August 18, 2026 through August 18, 2029, and the options are exercisable beginning August 18, 2026 with an expiration of August 18, 2035. On 08/19/2025 she had 758 shares withheld to satisfy taxes on vested RSUs. After these reported transactions she beneficially owned 19,714 shares of common stock and 8,504 options.

Positive

• Grant of long-term incentives: 3,128 RSUs and 8,504 stock options provide multi-year alignment with shareholder interests
• Clear vesting schedule: RSUs vest in four equal annual tranches (Aug 18, 2026Aug 18, 2029), supporting retention

Negative

• Immediate reduction in reported common shares: 758 shares were withheld to satisfy taxes, lowering beneficial ownership to 19,714 shares

Insights

Compensation & Equity Analyst

TL;DR: Standard executive equity grant with multi-year vesting aligns retention incentives; tax withholding reduced immediate share count.

The grant of 3,128 RSUs with four-year annual vesting and 8,504 options exercisable from 2026 is a routine long-term incentive structure to retain senior talent and align management with shareholder value creation. The withholding of 758 shares to cover tax obligations is an administrative disposition that reduced her reported beneficial common shares from 20,472 to 19,714. The option exercise price of $99.91 sets a performance threshold relative to market at grant.

Corporate Governance Specialist

TL;DR: Disclosure is complete and compliant; timing and vesting terms are typical and non-controversial.

The Form 4 discloses grant, vesting schedule, and tax withholding consistent with Section 16 reporting requirements. Vesting over four equal tranches is common for service-based awards. No accelerated vesting, sales to third parties, or large immediate dispositions are reported, indicating no unusual governance issues disclosed in this filing.

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

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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^*

Kulikowsky Denise

(Last) (First) (Middle)

10 HUDSON YARDS

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TAPESTRY, INC. [ TPR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief People Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

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
Common Stock(1)	08/18/2025		A		3,128	A	$99.91	20,472	D
Common Stock(2)	08/19/2025		F		758	D	$97.92	19,714	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
Stock Option(3)	$99.91(4)	08/18/2025		A		8,504		08/18/2026(5)	08/18/2035	Common Stock	8,504	$0.0000	8,504	D

Explanation of Responses:

1. 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 18, 2026, the second on August 18, 2027, the third on August 18, 2028 and the fourth on August 18, 2029.

2. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.

3. These securities were issued under the Issuer's Stock Incentive Plan.

4. These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.

5. 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 18, 2026, the second on August 18, 2027, the third on August 18, 2028 and the fourth on August 18, 2029.

	/s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission	08/20/2025
	** 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).
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FAQ

What equity awards did Denise Kulikowsky report on Form 4 for TPR?

She was granted 3,128 restricted stock units (RSUs) and 8,504 stock options (exercise price $99.91).

When do the RSUs and options vest or become exercisable?

RSUs vest in four equal annual tranches on Aug 18 of 2026, 2027, 2028, and 2029; options are exercisable beginning Aug 18, 2026 and expire Aug 18, 2035.

Why were 758 shares reported as disposed on 08/19/2025?

Those 758 shares were withheld to pay taxes in connection with the vesting of restricted stock units.

What is the reporting person's role and how many shares/options does she own after the transactions?

Denise Kulikowsky is Chief People Officer; she beneficially owns 19,714 common shares and 8,504 options following these transactions.

Under what plan were the securities issued?

The RSUs and options were issued under Tapestry's Stock Incentive Plan.