Tapestry (NYSE: TPR) CFO now holds 68,939 shares
Rhea-AI Filing Summary
TAPESTRY, INC. (TPR) reported an insider tax-withholding transaction by Scott A. Roe, its CFO and COO. On August 19, 2026, 2,646 shares of common stock were disposed of at $131.72 per share to pay taxes due upon the vesting of restricted stock units. After this withholding transaction, Roe directly held 68,939 shares of Tapestry common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,646 shares
Net Sell
1 txn
Insider
Roe Scott A.
Role
CFO and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,646 | $131.72 | $349K |
Holdings After Transaction:
Common Stock — 68,939 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 withheld for taxes: 2,646 shares
Per-share value for tax withholding: $131.72 per share
Shares held after transaction: 68,939 shares
3 metrics
Shares withheld for taxes
2,646 shares
Common stock withheld on August 19, 2026 for tax liability on RSU vesting
Per-share value for tax withholding
$131.72 per share
Value applied to the 2,646 withheld shares in the code F transaction
Shares held after transaction
68,939 shares
Direct holdings of Scott A. Roe following the August 19, 2026 transaction
Key Terms
restricted stock units, Payment of tax liability by delivering or withholding securities, Form 4
3 terms
restricted stock units financial
"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.
Payment of tax liability by delivering or withholding securities financial
"transaction code description: Payment of tax liability by delivering or withholding securities"
Form 4 regulatory
"reported in the Form 4 under total shares following the transaction"
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.
FAQ
What insider transaction did TPR report for Scott A. Roe?
TAPESTRY, INC. reported that Scott A. Roe had 2,646 shares of common stock withheld on August 19, 2026 at $131.72 per share to pay taxes related to the vesting of restricted stock units, as indicated by transaction code F.
Was the August 19, 2026 TPR Form 4 transaction a market sale?
No. The Form 4 shows a code F transaction, meaning 2,646 shares were delivered or withheld to pay a tax liability in connection with vested restricted stock units, rather than a discretionary open-market sale.
What does transaction code F mean in the TPR Form 4 for Scott A. Roe?
Transaction code F in the Form 4 indicates a payment of tax liability by delivering or withholding securities. In this case, 2,646 TPR shares were withheld to pay taxes due on the vesting of restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.