[Form 4] Tapestry, Inc. Insider Trading Activity

Rhea-AI Filing Summary

David E. Howard, General Counsel & Secretary of Tapestry, Inc. (TPR), reported several transactions between 08/21/2025 and 08/23/2025. On 08/22/2025 14,649 performance restricted stock units vested and were acquired at an attributed price of $35.41, bringing his direct common stock holdings to 54,163 shares. Prior and subsequent entries show routine dispositions: 1,729 shares sold on 08/21/2025 at $98.39, and additional sales of 1,581, 7,264 and 1,019 shares on 08/22–08/23/2025 at approximately $99.66, reflecting withholding of shares to pay taxes on RSU vesting. The filing includes an explanation that the performance RSUs were certified and vested in full and that withheld shares were used for tax obligations.

Positive

• Performance RSUs vested in full on 08/22/2025, yielding 14,649 shares and including accumulated dividends
• Disclosure specifies tax-withholding through share withholding, showing routine settlement of executive compensation

Negative

• Multiple dispositions occurred between 08/21/2025 and 08/23/2025 reducing direct holdings from prior levels (sales at ~$98–$100)

Insights

Financial Analyst

TL;DR: Routine executive equity vesting and related share withholdings, with modest net share change from sales and acquisitions.

The Form 4 discloses the full vesting of performance restricted stock units and immediate acquisition of 14,649 shares, which increases direct ownership to 54,163 shares. Multiple small dispositions around the vesting dates were used to satisfy tax withholding obligations rather than large open-market divestitures. Transaction prices reported (~$35.41 for vested PRSUs accounting value; ~$98–$100 for dispositions) reflect grant accounting and contemporaneous market trades. This is a normal executive compensation and tax-settlement pattern and is unlikely to materially affect Tapestry's capital structure or signal a major change in insider stance.

Corporate Governance Expert

TL;DR: Disclosure is consistent with typical Section 16 reporting for RSU vesting and tax-withholding sales.

The filing clearly identifies the reporting person as an officer and provides specific dates, share counts, and prices. It states that performance measures were certified and that dividends were included in the vested award, which is important for governance transparency. The use of share withholding to satisfy tax liabilities is explicitly disclosed. Documentation appears complete for the reported events, with a power of attorney signature supplied by the assistant corporate secretary.

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

Howard David E

(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)
	General Counsel & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

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)	08/21/2025		F		1,729	D	$98.39	39,514	D
Common Stock(2)	08/22/2025		A		14,649	A	$35.41	54,163	D
Common Stock(1)	08/22/2025		F		1,581	D	$99.66	52,582	D
Common Stock(3)	08/22/2025		F		7,264	D	$99.66	45,318	D
Common Stock(1)	08/23/2025		F		1,019	D	$99.66	44,299	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

Explanation of Responses:

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

2. These securities represent performance restricted stock units for which performance measures were certified and vested in full on August 22, 2025. These securities include all dividends accumulated since the granting of the award on August 22, 2022.

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

	/s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission	08/25/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did the Form 4 for TPR filed by David E. Howard report?

The filing reports vesting of 14,649 performance restricted stock units on 08/22/2025, acquisitions and several dispositions used largely to pay taxes, and a resulting direct holding of 54,163 shares.

How many shares were sold by the reporting person and at what prices?

Dispositions include 1,729 shares on 08/21/2025 at $98.39, and on 08/22–08/23/2025 sales of 1,581, 7,264, and 1,019 shares at approximately $99.66.

Why were some shares withheld in these transactions?

The filing explains that certain shares were withheld to pay taxes arising from the vesting of restricted and performance restricted stock units.

Did the performance RSUs include dividends or special certification?

Yes, the filing states the performance RSUs vested in full after certification and include all dividends accumulated since the award date of 08/22/2022.

What is the reporting person's role at Tapestry (TPR)?

The reporting person, David E. Howard, is listed as General Counsel & Secretary.

Who signed the Form 4 on behalf of the reporting person?

The Form 4 was signed by Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney, dated 08/25/2025.