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Tapestry (NYSE: TPR) CEO gets 66,282 shares, 38,272 taxed

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Form Type
4

Rhea-AI Filing Summary

TAPESTRY, INC. (TPR) reported that CEO and Brand President, Coach, Todd Kahn received a grant/award acquisition of 66,282 shares of common stock on August 21, 2026, at a reported value of $33.81 per share. A related footnote states these securities are performance restricted stock units whose performance measures were certified and that vested in full on that date and include accumulated dividends since August 21, 2023. On the same date, a total of 38,272 shares of common stock were withheld in three transactions (2,001 shares, 2,434 shares, and 33,837 shares) at $130.17 per share to pay taxes in connection with the vesting of restricted stock units and performance restricted stock units.

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Insider Kahn Todd
Role CEO and Brand President, Coach
Type Security Shares Price Value
Grant/Award Common Stock F1 66,282 $33.81 $2.24M
Tax Withholding Common Stock F2 2,001 $130.17 $260K
Tax Withholding Common Stock F2 2,434 $130.17 $317K
Tax Withholding Common Stock F3 33,837 $130.17 $4.40M
Holdings After Transaction: Common Stock — 122,240 shares (Direct)
Footnotes (3)
  1. F1. These securities represent performance restricted stock units for which performance measures were certified and vested in full on August 21, 2026. These securities include all dividends accumulated since the granting of the award on August 21, 2023.
  2. F2. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
  3. F3. These shares were withheld to pay the taxes in connection with the vesting of performance restricted stock units.
Shares acquired (grant/award) 66,282 shares of Common Stock Grant/award acquisition on August 21, 2026
Grant/award value per share $33.81 per share Reported value for 66,282-share performance restricted stock unit award
Shares withheld for taxes (RSUs) 2,001 shares of Common Stock Withheld to pay taxes on vesting of restricted stock units at $130.17 per share
Shares withheld for taxes (RSUs) 2,434 shares of Common Stock Withheld to pay taxes on vesting of restricted stock units at $130.17 per share
Shares withheld for taxes (performance RSUs) 33,837 shares of Common Stock Withheld to pay taxes on vesting of performance restricted stock units at $130.17 per share
Tax-withholding price per share $130.17 per share Applied to all three tax-withholding transactions totaling 38,272 shares
performance restricted stock units financial
"These securities represent performance restricted stock units for which performance"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
restricted stock units financial
"These shares were withheld to pay the taxes 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 with the vesting"

FAQ

What did TPR executive Todd Kahn report on this Form 4?

Todd Kahn reported receiving a grant/award of 66,282 shares of TAPESTRY, INC. common stock on August 21, 2026, tied to performance restricted stock units that vested in full, and the withholding of 38,272 shares to cover tax obligations related to vesting.

How many TPR shares did Todd Kahn acquire in this transaction?

Todd Kahn acquired 66,282 shares of TAPESTRY, INC. common stock on August 21, 2026. A footnote explains these were performance restricted stock units for which performance measures were certified and that vested in full, including accumulated dividends since August 21, 2023.

Why were some TPR shares disposed of on August 21, 2026?

A total of 38,272 shares of TAPESTRY, INC. common stock were reported as disposed of under code F because they were withheld to pay taxes in connection with the vesting of restricted stock units and performance restricted stock units on August 21, 2026.

What prices are associated with the TPR Form 4 transactions?

The award of 66,282 TAPESTRY, INC. shares is reported at $33.81 per share. The three tax-withholding transactions totaling 38,272 shares are each reported at $130.17 per share, reflecting the value used for calculating shares withheld for tax liabilities.

Are the TPR transactions part of a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnotes describe vesting and tax withholding, not pre-arranged open-market trading under a Rule 10b5-1 plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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 NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TAPESTRY, INC. [ TPR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CEO and Brand President, Coach
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock(1)08/21/2026A66,282A$33.81160,512D
Common Stock(2)08/21/2026F2,001D$130.17158,511D
Common Stock(2)08/21/2026F2,434D$130.17156,077D
Common Stock(3)08/21/2026F33,837D$130.17122,240D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These securities represent performance restricted stock units for which performance measures were certified and vested in full on August 21, 2026. These securities include all dividends accumulated since the granting of the award on August 21, 2023.
2. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
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 Commission08/25/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)