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Tapestry (TPR) Chief People Officer exercises stock options and adjusts holdings

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

Rhea-AI Filing Summary

Tapestry, Inc. Chief People Officer trades company stock following option exercise. On 12/04/2025, the executive exercised a stock option for 1,186 shares of Tapestry common stock at an exercise price of $26.59 per share. As part of the same transaction, 583 shares were sold at $115.17 per share and 603 shares were disposed of at $115.17 per share to cover the cost, taxes, and fees related to the option exercise.

After these transactions, the officer directly beneficially owns 18,682 shares of Tapestry common stock and holds 30,664 derivative securities (stock options). The filing reflects a routine update to the insider’s ownership position rather than a change in corporate strategy or operations.

Positive

  • None.

Negative

  • None.
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*
Kulikowsky Denise

(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 People Officer
3. Date of Earliest Transaction (Month/Day/Year)
12/04/2025
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 12/04/2025 M 1,186 A $26.59 19,868 D
Common Stock 12/04/2025 S 583 D $115.17 19,285 D
Common Stock(1) 12/04/2025 F 603 D $115.17 18,682 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 $26.59 12/04/2025 M 1,186 11/01/2024 11/01/2033 Common Stock 1,186 $0.0000 30,664 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 12/05/2025
** 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 insider transaction did Tapestry (TPR) report in this Form 4?

Tapestry reported that its Chief People Officer exercised a stock option for 1,186 shares of common stock and sold or disposed of shares on 12/04/2025 to cover related costs.

How many Tapestry (TPR) shares were acquired and at what price?

The officer acquired 1,186 shares of Tapestry common stock by exercising a stock option at an exercise price of $26.59 per share.

At what price were Tapestry (TPR) shares sold in the reported transaction?

The filing shows 583 shares sold and 603 shares disposed of at a price of $115.17 per share in connection with the option exercise and related tax and fee obligations.

How many Tapestry (TPR) shares does the insider own after the transactions?

Following the reported transactions, the Chief People Officer directly beneficially owns 18,682 shares of Tapestry common stock.

What derivative securities does the Tapestry (TPR) insider still hold?

The officer continues to hold 30,664 derivative securities in the form of stock options, including the option exercised for 1,186 shares originally priced at $26.59.

Why were some Tapestry (TPR) shares sold or disposed of in this Form 4?

The explanation states that shares were sold to pay for the cost of, and the taxes and fees associated with, the exercise of the stock options described in the filing.

Tapestry Inc

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