STOCK TITAN

Tapestry (NYSE: TPR) CEO uses shares to cover RSU taxes

(High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TAPESTRY, INC. (TPR) reported an insider equity-related tax transaction by CEO and Brand President, Coach, Todd Kahn. On 2026-08-19, 1,955 shares of common stock were disposed of to satisfy tax withholding associated with the vesting of restricted stock units, at a reference price of $131.72 per share. Following this tax-withholding disposition, Kahn directly holds 94,230 shares of TAPESTRY common stock.

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Insights

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Insider Kahn Todd
Role CEO and Brand President, Coach
Type Security Shares Price Value
Tax Withholding Common Stock F1 1,955 $131.72 $258K
Holdings After Transaction: Common Stock — 94,230 shares (Direct)
Footnotes (1)
  1. F1. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
Shares withheld for taxes 1,955 shares Common Stock, tax-withholding disposition on 2026-08-19 for RSU vesting
Reference price per share $131.72 per share Value used for the 1,955-share tax-withholding disposition
Shares owned after transaction 94,230 shares Directly held by Todd Kahn following the 2026-08-19 transaction
restricted stock units financial
"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"
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description: Payment of tax liability by delivering"

FAQ

What insider transaction did TAPESTRY, INC. (TPR) report for Todd Kahn?

TAPESTRY reported that Todd Kahn had 1,955 shares of common stock withheld on 2026-08-19 to pay taxes upon vesting of restricted stock units, at a reference price of $131.72 per share.

Was the TAPESTRY (TPR) Form 4 transaction an open-market sale?

No. The 1,955 shares reported on the Form 4 were withheld to pay taxes related to the vesting of restricted stock units, not sold in an open-market transaction.

How many TAPESTRY (TPR) shares does Todd Kahn hold after this Form 4 transaction?

After the tax-withholding disposition of 1,955 shares, Todd Kahn directly holds 94,230 shares of TAPESTRY common stock.

What does transaction code F mean in the TAPESTRY (TPR) Form 4?

Transaction code F indicates shares were used for payment of tax liability or exercise price. Here, the footnote states the 1,955 shares were withheld specifically to pay taxes on vesting restricted stock units.

Did the TAPESTRY (TPR) Form 4 indicate any Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is unchecked, and the footnotes describe only tax withholding in connection with restricted stock unit vesting.

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)
08/19/2026
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)08/19/2026F1,955D$131.7294,230D
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 shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
/s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission08/20/2026
** 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)