Tapestry (TPR) CLO reports option exercises and share sales

Tapestry, Inc. (TPR) disclosed that its Chief Legal Officer and Secretary reported multiple stock option exercises and related share sales.

Rhea-AI Filing Summary

Tapestry, Inc. (TPR) disclosed that its Chief Legal Officer and Secretary reported multiple stock option exercises and related share sales. On 11/18/2025, the insider exercised several stock option grants for common stock at exercise prices ranging from $33.81 to $42.31, adding acquired shares to her directly owned holdings.

The filing also shows open market sales and a transaction classified as "F" for common stock at a price of $102.50 per share, with amounts including 11,173 and 13,856 shares sold in separate transactions. According to the footnote, a portion of the shares was sold to pay for the cost of the option exercises and the associated taxes and fees, leaving the insider with tens of thousands of shares still beneficially owned directly.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 11 txns

Insider Howard David E

Role Chief Legal Officer, Secretary

Sold 25,029 shs ($2.57M)

Approx. gross sale proceeds $2.57M

Approx. exercise cost $1.35M

Type	Security	Shares	Price	Value
Exercise	Stock Option	10,365	$0.00	$0.00
Exercise	Stock Option	11,896	$0.00	$0.00
Exercise	Stock Option	8,337	$0.00	$0.00
Exercise	Stock Option	5,370	$0.00	$0.00
Exercise	Common Stock	11,896	$33.81	$402K
Exercise	Common Stock	10,365	$40.58	$421K
Exercise	Common Stock	8,337	$35.41	$295K
Exercise	Common Stock	5,370	$42.31	$227K
Sale	Common Stock	11,173	$102.50	$1.15M
Sale	Common Stock	13,856	$102.50	$1.42M
Exercise Price or Tax Liability	Common Stock	24,795	$102.50	$2.54M

Holdings After Transaction: Stock Option — 63,220 contracts (Direct); Common Stock — 30,559 shares (Direct)

Footnotes (1)

1. F1. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Tapestry (TPR) disclose in this Form 4 filing?

The filing reports that Tapestry's Chief Legal Officer and Secretary exercised multiple stock options for common stock and conducted related share sales on 11/18/2025.

Who is the reporting person in this Tapestry (TPR) Form 4?

The reporting person is an officer of Tapestry, Inc., serving as Chief Legal Officer and Secretary, and is reporting transactions in the company’s common stock and stock options.

What types of transactions were reported for Tapestry (TPR) on 11/18/2025?

The Form 4 lists stock option exercises coded as M, including option exercises for 11,896 and 10,365 shares, as well as common stock sales coded as S and a transaction coded F related to taxes and fees.

At what prices were the Tapestry (TPR) stock options exercised and shares sold?

Stock options were exercised at prices such as $33.81, $40.58, $35.41, and $42.31 per share, while common stock was sold at $102.50 per share.

How many Tapestry (TPR) shares did the insider hold after these transactions?

Following the reported transactions, the insider directly beneficially owned amounts including 80,383, 69,210, 55,354, and finally 30,559 shares as shown after each sequence of trades.

Why were some Tapestry (TPR) shares sold in connection with the option exercises?

The explanation states that certain shares "were sold to pay for the cost of, and the taxes and fees associated with, the exercise of the derivative securities described above."

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 11/19/2025 - 06:52 PM Learn about SEC filing dates

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
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^*

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)
	Chief Legal Officer, Secretary

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2025

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	11/18/2025		M		11,896	A	$33.81	56,311	D
Common Stock	11/18/2025		M		10,365	A	$40.58	66,676	D
Common Stock	11/18/2025		M		8,337	A	$35.41	75,013	D
Common Stock	11/18/2025		M		5,370	A	$42.31	80,383	D
Common Stock	11/18/2025		S		11,173	D	$102.5	69,210	D
Common Stock	11/18/2025		S		13,856	D	$102.5	55,354	D
Common Stock(1)	11/18/2025		F		24,795	D	$102.5	30,559	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	$40.58	11/18/2025		M			10,365	08/19/2025	08/19/2034	Common Stock	10,365	$0.0000	31,094	D
Stock Option	$33.81	11/18/2025		M			11,896	08/21/2024	08/21/2033	Common Stock	11,896	$0.0000	23,790	D
Stock Option	$35.41	11/18/2025		M			8,337	08/22/2023	08/22/2032	Common Stock	8,337	$0.0000	8,336	D
Stock Option	$42.31	11/18/2025		M			5,370	08/23/2022	08/23/2031	Common Stock	5,370	$0.0000	0.0000	D

Explanation of Responses:

1. 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	11/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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