TPR CEO option exercise and share sales leave 86,736 shares owned
Rhea-AI Filing Summary
Tapestry, Inc. (TPR) reported equity transactions by its CEO and Brand President, Coach, effective 11/24/2025. The executive exercised a stock option for 55,423 shares of common stock at an exercise price of $51.38 per share, increasing direct holdings before subsequent transactions. On the same date, 10,344 shares of common stock were sold in an open-market sale at $107 per share. An additional 45,079 shares were disposed of at $107 per share in a transaction designated to cover costs and taxes related to the option exercise.
After these transactions, the executive directly owned 86,736 shares of Tapestry common stock. The disclosure notes that proceeds from certain share sales will be used in connection with the purchase of a new primary residence and to pay the cost, taxes, and fees associated with exercising the stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 55,423 | $0.00 | -- |
| Exercise | Common Stock | 55,423 | $51.38 | $2.85M |
| Sale | Common Stock | 10,344 | $107.00 | $1.11M |
| Tax Withholding | Common Stock | 45,079 | $107.00 | $4.82M |
Footnotes (1)
- The proceeds from the sale of these sales of shares will be used in connection with the purchase of a new primary residence. These shares were sold to pay for the cost of, and the taxes and fees associated with, the exercise of the derivative securities described above.
FAQ
What insider transaction did Tapestry (TPR) report for its CEO on 11/24/2025?
The CEO and Brand President, Coach, exercised a stock option for 55,423 shares of Tapestry common stock at an exercise price of $51.38 per share and reported related share sales on 11/24/2025.
What derivative security did the Tapestry (TPR) CEO exercise?
The CEO exercised a stock option covering 55,423 shares of Tapestry common stock with an exercise price of $51.38 per share and an original expiration date of 08/16/2028.
Was the Tapestry (TPR) Form 4 filed for more than one reporting person?
No. The report indicates that the Form 4 was filed by one reporting person, not by a group.