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Tapestry (TPR) Form 4: Performance RSUs Vest, Insider Share Sales Reported

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Scott A. Roe, CFO and COO of Tapestry, Inc. (TPR), reported multiple transactions on August 21–22, 2025. On 08/21/2025 he disposed of 3,255 common shares at $98.39, leaving 85,507 shares beneficially owned. On 08/22/2025 47,610 performance restricted stock units vested and were acquired at a reported value of $35.41, increasing holdings to 133,117. Also on 08/22/2025 he disposed of 2,782 and 26,329 shares at $99.66; after those disposals his beneficial ownership is reported as 104,006 shares. The Form 4 notes tax-withholdings associated with the vesting events and confirms that the performance RSUs were certified and vested in full, including accumulated dividends.

Positive

  • 47,610 performance RSUs vested in full, indicating performance measures were certified and met
  • Dividends on the award were included when the performance RSUs vested

Negative

  • Insider disposed of shares totaling 32,366 on 08/21–08/22/2025, reducing beneficial ownership from interim highs
  • Some shares were withheld to pay taxes, which reduced net received shares from the vesting

Insights

TL;DR: Insider received a large vesting of performance RSUs while selling portions of stock to cover taxes, net holdings increased overall.

These filings show a significant vesting event: 47,610 performance RSUs vested and were reported as acquired at $35.41, and dividends since grant were included. Offsetting sales on 08/21 and 08/22 were primarily withholding-related per the explanations, which is common when awards vest. The sequence left the reporting person with 104,006 shares after the reported transactions. This is a routine compensation-driven filing rather than a market-timing trade; it updates outstanding insider ownership and dilution from award vesting.

TL;DR: Transaction pattern is consistent with compensation vesting and tax-withholding; no governance red flags in the filing.

The Form 4 discloses certification and full vesting of performance RSUs awarded on 08/22/2022 and confirms that some shares were withheld to satisfy tax obligations. The report was executed by an authorized corporate officer under power of attorney. There are no indications in this filing of unusual trading or undisclosed arrangements; it documents standard executive equity compensation mechanics.

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*
Roe Scott A.

(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)
CFO and COO
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025
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(1) 08/21/2025 F 3,255 D $98.39 85,507 D
Common Stock(2) 08/22/2025 A 47,610 A $35.41 133,117 D
Common Stock(1) 08/22/2025 F 2,782 D $99.66 130,335 D
Common Stock(3) 08/22/2025 F 26,329 D $99.66 104,006 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
Explanation of Responses:
1. These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
2. These securities represent performance restricted stock units for which performance measures were certified and vested in full on August 22, 2025. These securities include all dividends accumulated since the granting of the award on August 22, 2022.
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 Commission 08/25/2025
** 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.
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.

FAQ

What transactions did Scott A. Roe report on the TPR Form 4?

The filing reports a 3,255-share sale on 08/21/2025 at $98.39, a 47,610-share acquisition on 08/22/2025 from vested performance RSUs at $35.41, and sales of 2,782 and 26,329 shares on 08/22/2025 at $99.66.

Why were some shares disposed of according to the Form 4?

The Form 4 explanations state that certain shares were withheld to pay taxes associated with the vesting of restricted and performance restricted stock units.

How many TPR shares does Scott A. Roe beneficially own after these transactions?

After the reported transactions the Form 4 shows 104,006 shares beneficially owned.

Did the performance RSUs vest fully and include dividends?

Yes, the filing states the performance restricted stock units were certified and vested in full on August 22, 2025 and include dividends accumulated since grant.

Who signed the Form 4 filing for Scott A. Roe?

The filing was signed by Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney, dated 08/25/2025.
Tapestry Inc

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