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.

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

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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^*

Kahn Todd

(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)
	CEO and Brand President, Coach

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

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	11/24/2025		M		55,423	A	$51.38	142,159	D
Common Stock(1)	11/24/2025		S		10,344	D	$107	131,815	D
Common Stock(2)	11/24/2025		F		45,079	D	$107	86,736	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	$51.38	11/24/2025		M			55,423	08/16/2019	08/16/2028	Common Stock	55,423	$0.0000	0.0000	D

Explanation of Responses:

1. The proceeds from the sale of these sales of shares will be used in connection with the purchase of a new primary residence.

2. 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.

	/s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission	11/25/2025
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Tapestry (TPR) shares did the CEO sell and at what price?

The CEO reported selling 10,344 shares of common stock at $107 per share and disposing of an additional 45,079 shares at $107 per share in separate transactions.

What was the CEOs Tapestry (TPR) share ownership after these transactions?

Following the reported transactions, the CEO directly owned 86,736 shares of Tapestry common stock.

Why were some of the Tapestry (TPR) shares sold by the CEO?

The disclosure states that proceeds from certain share sales will be used in connection with the purchase of a new primary residence and to cover the cost, taxes, and fees associated with exercising the stock options.

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.