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Tapestry (NYSE: TPR) awards CPO new options and RSUs, with shares withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TAPESTRY, INC. (TPR) reported equity compensation and related tax withholding transactions for Chief People Officer Denise Kulikowsky. On August 17, 2026, she received 2,713 shares of Common Stock in the form of unvested restricted stock units under the issuer's Stock Incentive Plan, vesting in four equal tranches on the first, second, third and fourth anniversaries of the grant date between August 17, 2027 and August 17, 2030. The same day she was granted 7,202 stock options, exercisable for Common Stock on a 1-for-1 basis at an exercise price of $129.02 per share, also vesting in four equal installments on the first through fourth anniversaries of the grant date with final expiration on August 17, 2036. On August 18, 2026, 404 shares of Common Stock were withheld at $132.26 per share to pay taxes in connection with the vesting of restricted stock units.

Positive

  • None.

Negative

  • None.
Insider Kulikowsky Denise
Role Chief People Officer
Type Security Shares Price Value
Tax Withholding Common Stock F2 404 $132.26 $53K
Grant/Award Stock Option F3, F4, F5 7,202 $0.00 $0.00
Grant/Award Common Stock F1 2,713 $129.02 $350K
Holdings After Transaction: Stock Option — 7,202 shares (Direct); Common Stock — 21,122 shares (Direct)
Footnotes (5)
  1. F1. These securities were acquired in the form of unvested restricted stock units issued under the Issuer's Stock Incentive Plan. These securities will vest in four equal tranches on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 17, 2027, the second on August 17, 2028, the third on August 17, 2029 and the fourth on August 17, 2030.
  2. F2. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
  3. F3. These securities were issued under the Issuer's Stock Incentive Plan.
  4. F4. These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
  5. F5. These service-based securities vest in four equal installments on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 17, 2027, the second on August 17, 2028, the third on August 17, 2029 and the fourth on August 17, 2030.
Restricted stock units granted 2,713 shares Unvested RSUs of Common Stock granted August 17, 2026 under Stock Incentive Plan
Stock options granted 7,202 options Stock Option award granted August 17, 2026 under Stock Incentive Plan
Option exercise price $129.02 per share Conversion or exercise price for 7,202 stock options into Common Stock
Shares withheld for taxes 404 shares Common Stock withheld August 18, 2026 to pay taxes on RSU vesting
Tax withholding share price $132.26 per share Price used for 404 shares withheld to pay tax liability
Option expiration date August 17, 2036 Expiration date of 7,202 stock options granted August 17, 2026
RSU and option vesting schedule 4 equal installments Both RSUs and options vest annually on August 17 from 2027 through 2030
restricted stock units financial
"These securities were acquired in the form of unvested restricted stock units issued"
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.
Stock Incentive Plan financial
"unvested restricted stock units issued under the Issuer's Stock Incentive Plan"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
1-for-1 basis financial
"These securities will convert on a 1-for-1 basis into shares"
service-based securities financial
"These service-based securities vest in four equal installments on the first"
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description": "Payment of tax liability by delivering or withholding"

FAQ

What equity awards did TAPESTRY, INC. (TPR) grant to Denise Kulikowsky on August 17, 2026?
TAPESTRY granted 2,713 restricted stock units and 7,202 stock options to Chief People Officer Denise Kulikowsky, both issued under the Stock Incentive Plan and vesting in four equal annual installments starting August 17, 2027 through August 17, 2030.

What are the vesting terms of the 2,713 restricted stock units reported by TPR?
The 2,713 restricted stock units vest in four equal tranches on the first, second, third and fourth anniversaries of the August 17, 2026 grant, with vesting dates on August 17 of 2027, 2028, 2029 and 2030, subject to the plan terms.

What are the key terms of the 7,202 stock options granted by TPR?
The 7,202 stock options have an exercise price of $129.02 per share, convert into Common Stock on a 1-for-1 basis, vest in four equal annual installments beginning August 17, 2027, and expire on August 17, 2036.

Why were 404 TAPESTRY (TPR) shares disposed of on August 18, 2026?
On August 18, 2026, 404 shares of Common Stock were withheld at $132.26 per share to pay taxes arising from the vesting of restricted stock units, reported as a disposition coded “F” for tax-liability payment by delivering or withholding securities.

Are the equity awards to Denise Kulikowsky direct or indirect holdings of TAPESTRY (TPR) stock?
All reported positions are classified as direct ownership. The restricted stock units and stock options were issued to Denise Kulikowsky under TAPESTRY’s Stock Incentive Plan, with no footnotes indicating indirect entities or disclaimed beneficial ownership.

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Form 4 Insider Transactions: What Each Field Means →
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*
Kulikowsky Denise
(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)
Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026		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)08/17/2026A2,713A$129.0221,526D
Common Stock(2)08/18/2026F404D$132.2621,122D
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
Stock Option(3)$129.02(4)08/17/2026A7,20208/17/2027(5)08/17/2036Common Stock7,202$0.00007,202D
Explanation of Responses:
1. These securities were acquired in the form of unvested restricted stock units issued under the Issuer's Stock Incentive Plan. These securities will vest in four equal tranches on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 17, 2027, the second on August 17, 2028, the third on August 17, 2029 and the fourth on August 17, 2030.
2. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
3. These securities were issued under the Issuer's Stock Incentive Plan.
4. These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
5. These service-based securities vest in four equal installments on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 17, 2027, the second on August 17, 2028, the third on August 17, 2029 and the fourth on August 17, 2030.
/s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission08/19/2026
** 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)

Source: View Original Filing on SEC EDGAR