Tapestry (NYSE: TPR) PAO uses 882 shares to cover RSU taxes
Rhea-AI Filing Summary
TAPESTRY, INC. (TPR) reported an insider tax-withholding transaction by Manesh Dadlani, VP, Controller and PAO. On 2026-08-19, 882 shares of common stock were disposed of at $131.72 per share to pay taxes in connection with the vesting of restricted stock units. After this withholding, Dadlani directly holds 18,136 shares of TAPESTRY common stock.
Positive
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Negative
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Insider Trade Summary
Net Seller: 882 shares
Net Sell
1 txn
Insider
Dadlani Manesh
Role
VP, Controller and PAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 882 | $131.72 | $116K |
Holdings After Transaction:
Common Stock — 18,136 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 for tax withholding: 882 shares
Transaction price per share: $131.72 per share
Shares owned after transaction: 18,136 shares
3 metrics
Shares disposed for tax withholding
882 shares
Common Stock, transaction dated 2026-08-19
Transaction price per share
$131.72 per share
Tax-withholding disposition of 882 shares
Shares owned after transaction
18,136 shares
Direct holdings of Manesh Dadlani following the transaction
Key Terms
restricted stock units, withheld to pay the taxes, Payment of tax liability by delivering or withholding securities
3 terms
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.
withheld to pay the taxes financial
"These shares were withheld to pay the taxes in connection"
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description: Payment of tax liability by delivering or withholding"
FAQ
What insider transaction did TAPESTRY, INC. (TPR) report for Manesh Dadlani?
TAPESTRY reported that Manesh Dadlani disposed of 882 shares of common stock on 2026-08-19 to pay taxes related to vesting restricted stock units, at a price of $131.72 per share.
Was the TAPESTRY (TPR) insider transaction a market sale?
No. The 882 shares were withheld to pay taxes in connection with the vesting of restricted stock units, rather than being sold as an open-market transaction.
What role does the reporting person in this TAPESTRY (TPR) Form 4 hold?
The reporting person, Manesh Dadlani, serves as VP, Controller and PAO (Principal Accounting Officer) of TAPESTRY, INC., according to the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.