Tapestry (NYSE: TPR) gives David Howard long-dated options and new RSUs

Rhea-AI Filing Summary

TAPESTRY, INC. (TPR) reported equity compensation changes for Chief Legal Officer and Secretary David E. Howard. On August 17, 2026, he received 3,100 shares of common stock in the form of unvested restricted stock units under the Stock Incentive Plan, vesting in four equal tranches each August 17 from 2027 through 2030. He also received a grant of 8,320 stock options exercisable at $129.02 per share, which vest in four equal annual installments over the same 2027–2030 schedule and expire on August 17, 2036. On August 18, 2026, 488 shares of common stock were withheld at $132.26 per share to pay taxes related to the vesting of restricted stock units.

Insider Trade Summary

Net Buyer: 2,612 shares

Net Buy 3 txns

Insider Howard David E

Role Chief Legal Officer, Secretary

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F2	488	$132.26	$65K
Grant/Award	Stock Option F3, F4, F5	8,320	$0.00	$0.00
Grant/Award	Common Stock F1	3,100	$129.02	$400K

Holdings After Transaction: Stock Option — 8,320 shares (Direct); Common Stock — 33,500 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.

Key Figures

Restricted stock units granted: 3,100 shares Stock options granted: 8,320 options Option exercise price: $129.02 per share +5 more

8 metrics

Restricted stock units granted 3,100 shares Unvested RSUs of common stock granted on August 17, 2026 under Stock Incentive Plan

Stock options granted 8,320 options Service-based stock options granted on August 17, 2026 under Stock Incentive Plan

Option exercise price $129.02 per share Conversion or exercise price for 8,320 stock options granted August 17, 2026

Option expiration date August 17, 2036 Expiration date of the 8,320 stock options granted to David E. Howard

RSU vesting tranches 4 tranches RSUs vest in four equal annual installments 2027–2030 starting August 17, 2027

Shares withheld for taxes 488 shares Common stock withheld on August 18, 2026 to pay RSU-related tax liability

Tax withholding share price $132.26 per share Price used for 488 shares withheld to pay taxes on RSU vesting

Options underlying shares 8,320 shares Options convert on a 1-for-1 basis into common stock per footnote

Key Terms

restricted stock units, Stock Incentive Plan, service-based securities, 1-for-1 basis, +1 more

5 terms

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

"These securities were acquired in the form of 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.

service-based securities financial

"These service-based securities vest in four equal installments on the first, second"

1-for-1 basis financial

"These securities will convert on a 1-for-1 basis into shares of the issuer's common"

tax liability financial

"These shares were withheld to pay the taxes in connection with the vesting of restricted stock units."

FAQ

What equity awards did TPR grant to David E. Howard in this Form 4?

Tapestry (TPR) granted David E. Howard 3,100 restricted stock units and 8,320 stock options. Both awards were issued under the company’s Stock Incentive Plan and are structured to vest in four equal annual installments beginning in 2027 and ending in 2030.

What is the exercise price and term of David E. Howard’s new TPR stock options?

The new stock options reported for David E. Howard have an exercise price of $129.02 per share. The options vest in four equal annual installments from 2027–2030 and have an expiration date of August 17, 2036, providing a ten-year term from grant.

How many TPR shares were withheld for taxes on David E. Howard’s vesting RSUs?

Tapestry (TPR) withheld 488 shares of common stock from David E. Howard to pay taxes related to vesting restricted stock units. The shares were valued at $132.26 per share for this tax-withholding transaction, as disclosed in the Form 4 filing footnote.

What is the vesting schedule for David E. Howard’s new TPR restricted stock units?

David E. Howard’s 3,100 restricted stock units vest in four equal tranches over four years. The vesting dates are August 17, 2027, August 17, 2028, August 17, 2029, and August 17, 2030, subject to continued service conditions as described.

How do David E. Howard’s new TPR stock options convert into common stock?

The newly granted stock options for David E. Howard convert into Tapestry (TPR) common stock on a 1-for-1 basis. Each option, once vested and exercised at the $129.02 exercise price, yields one share of TPR common stock, according to the filing footnote.

Were David E. Howard’s TPR equity transactions part of a Rule 10b5-1 plan?

The Form 4 for Tapestry (TPR) shows the Rule 10b5-1 checkbox as not selected. The filing and footnotes describe routine equity grants and tax withholding, without indicating that these transactions were executed under a pre-arranged Rule 10b5-1 trading plan.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/19/2026 - 06:53 PM Accepted by SEC EDGAR 08/19/2026 - 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 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer, Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	08/17/2026		A		3,100	A	$129.02	33,988	D
Common Stock(2)	08/18/2026		F		488	D	$132.26	33,500	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(3)	$129.02(4)	08/17/2026		A		8,320		08/17/2027(5)	08/17/2036	Common Stock	8,320	$0.0000	8,320	D

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 Commission	08/19/2026
	** 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.
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* Form 4: SEC 1474 (03-26)